Remove 2007 Remove 2008 Remove 2016 Remove Oil-Sands
article thumbnail

Suncor targeting 1M barrels per day by 2020, some 80% from oil sands; new strategic alliance with Total

Green Car Congress

Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Approximately 80% of that production will be from the oil sands. The agreement with Total is an important element of Suncor’s plans to more than double our oil sands production.

Oil-Sands 199
article thumbnail

Total to Acquire UTS Corporation and Its 20% Interest in Fort Hills Oil Sands Project for C$1.15B

Green Car Congress

a Total subsidiary, has signed an agreement with UTS Energy Corporation (UTS) to acquire UTS Corporation with its main asset, a 20% interest in the Fort Hills oil sands mining project in Alberta, Canada. we will benefit from the experience of a leading partner, whose expertise in the mining operation of oil sands is well recognized.

Oil-Sands 186