Edition:
India

Suncor CEO says Canada becoming more difficult place for investment


Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Suncor Energy Inc executives, speaking on a conference call with analysts on Thursday::SUNCOR EXPECTS C$1 PER BARREL OPERATIONAL COST SAVINGS FROM AUTONOMOUS HAUL TRUCKS PHASED IN OVER 6 YEARS - PRESENTATION.SUNCOR HAS SOLD MONTNEY LAND HOLDINGS FOR C$52 MILLION AND 37 PERCENT EQUITY INTEREST IN CANBRIAM ENERGY - CEO.SUNCOR PLANS TO RAMP UP FORT HILLS OIL SANDS MINE TO AT LEAST 90 PERCENT OF CAPACITY BY YEAR END - COO.SUNCOR 'NOT EXPOSED' TO CURRENT PIPELINE CAPACITY CONSTRAINTS, OR PRICE DIFFERENTIAL - CEO.REGULATION, HIGHER TAXATION MAKING CANADA 'MORE DIFFICULT PLACE TO ALLOCATE CAPITAL' - SUNCOR CEO.