Suncor Targets 10% Production Growth for 2018, Cuts Capex Forecast

SUGAR LAND--November 13, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Canadian energy giant Suncor Energy Incorporated (NYSE:SU) (Calgary, Alberta) has reduced its 2018 capital-spending outlay by roughly $588 million. Industrial Info is tracking nearly $33 billion in active Suncor oil sands projects, including $9.5 billion that are under construction.