Fort Hills Mining News

Total to wait for better oil prices before selling Canadian assets

CEO Patrick Pouyanne said the company’s priority was "value over volume", adding that oil sands were among the high breakeven projects in Total's portfolio.

Suncor cuts oil sands output for 2016

Canada's dominant oil sands player, however, plans to spend about $900 million more next year.

Suncor tightens grip on Fort Hills oil sands project

The project is expected to boost output in northern Alberta by 180,000 barrels a day, with production set to begin by the fourth quarter of 2017.

Suncor to splash out on capital spending in 2014

Canada's oil giant Suncor Energy has allocated $7.8 billion for capital spending in 2014.