RE:RE:WOW ! 1 ONE Of The 3 MAJOR Oil Sands Firms WALKED OUT ! L.A. - (8/16/2024 6:20:42 PM) RE:WOW ! 1 ONE Of The 3 MAJOR Oil Sands Firms WALKED OUT !
Just a hunch but I suspect it was Suncor that backed out. Ever since they hired Rich Kruger he has been cutting cost and R&D expenses. He also took some heat when he announced they were scaling back on climate reduction initiatives. When he was CEO of Imperial he didn't seem interested in this technology. I think Cenovus and mystery company #3 ( suspect it might be either Conoco or CNR) will be interested in moving forward.
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- I AGREE with you that Suncor Energy CEO Rich Kruger is an INDUSTRY-LEADING COST CUTTER (he FIRED
~ 2,000 employees at SU}
- however, Suncor CAN'T BE the QUITTER out of the 3 since they were the FIRST major oil sands INVESTOR in Acceleware and their CONTRACT EXPIRES FIRST
- the SECOND TERMINATED the TDPA and the THIRD contract has NOT EXPIRED YET
z173