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Suncor scraps refinery upgrade.

Publication: The Oil Daily
Publication Date: 11-SEP-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Suncor scraps refinery upgrade.(Refining)(Suncor Energy Inc.)(Brief article)

Article Excerpt
Suncor Energy, Canada's biggest energy company, has scrapped plans for a C$1 billion ($926 million) heavy oil processing unit at its Montreal refinery after determining that other investments offer better returns, a spokesman said on Wednesday.

The plant's former owner, Petro-Canada, which Suncor acquired in a C$22.7 billion takeover...

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