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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (98080)11/24/2020 8:20:38 AM
From: Goose94Read Replies (2) of 203376
 
Suncor Energy (SU-T) Taking Over Syncrude

From an operatorship perspective, that is. The oil sands giant announced last night that it struck an agreement with its partners – Imperial Oil, CNOOC and Sinopec – to become Syncrude’s operator by the end of next year in a move that would put an end to the current day-to-day structure. Suncor CEO Mark Little is dangling the potential for a big payoff, saying the new plan could “unlock significant value”, including $300 million in annual cost savings. We’re expecting to catch up with Little shortly after 1000ET

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