SUNCOR WANTS TO CUT
WSJ wrote, Suncor Energy Inc., Canada's largest oil producer, is in talks with government officials for permission to "strand," or abandon, some high cost and greenhouse gas-intensive crude-oil deposits, the company's chief executive said Wednesday.
The Calgary-based company is seeking an easing of rules designed to maximize oil-sands production from leases on government land, CEO Steve Williams said at a Barclays energy conference in New York, reiterating a strategy he first announced in July.
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