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Bloomberg
Suncor Energy Inc is working with Alberta’s government to help mitigate the “unintended consequences†of mandated oil cuts, a policy company opposed from the start and now says is hitting it disproportionately hard.
Suncor said its initial required output curtailment is higher than the 8.7 percent industrywide level, without giving specific amount. That makes it harder to maintain safe operations in cold winter months and fails to account for the ramp-up of its new Fort Hills mine as well as an output dip caused by an outage at the Syncrude oil sands project, Suncor said.