Suncor to Wind Down Canadian Oil Sands Mining Investments

SUGAR LAND--February 15, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The era of big oil sands mining investments by Suncor Energy (NYSE:SU) (Calgary, Alberta) is coming to a close, for now at least, according to the energy producer's top executive. The company's Fort Hills project in Alberta, which was 76% complete at the end of December, is expected to achieve first oil by the end of 2017. Industrial Info is tracking active Suncor projects worth more than $37 billion.

Within this article: Developments for the Fort Hills oil sands project. Additional companies: Exxon Mobil Corporation (NYSE:XOM)