| Total sells 10 pct holding in Fort Hills to Suncor Energy | |
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PARIS, Sept 21 (Reuters) - French oil and gas company Total said on Monday that it has sold 10 percent of its the planned 180,000 barrels-per-day capacity Fort Hills project to Suncor Energy for around $230 million. Total said it had decided to reduce its exposure to Canadian oil sands projects in the context of lower global oil prices. (Reporting by Bate Felix; Editing by Sybille de la Hamaide)
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Suncor Energy is a and oil producing company based in Canada. Suncor Energy holds various exploration projects in Canada. Its main exploration property is SUNCOR OPERATIONS & BASE MINE in Canada. |