Tag: Oil Industry Losses

Canadian oilsands giant Suncor posts $2B Q4 net loss

Suncor production grew to 582,900 BOE/D during 2015 Q4 CALGARY _ Suncor Energy, Canada’s biggest oilsands player, has posted a net loss of $2 billion for the final three months of 2015 as it was walloped by the steep drop in crude prices. In addition to the oil price collapse, Suncor’s (TSX:SU) bottom line was […]