Tag: 2016 budget

Oil sands cost reductions illustrated by Syncrude 2016 budget

“Syncrude’s success in reducing its cost structure is exceeding market expectations.” – Kubik Canadian Oil Sands Limited (“COS”) today announced its budget for 2016, demonstrating Syncrude’s competitiveness and resilience in a lower oil price environment; operating and capital costs in 2016 will be down significantly from prior years while still enabling production growth. Syncrude Canada Ltd. […]