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Total sells 10% of Fort Hills project to Canada's Suncor

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OIL SANDS
French oil and gas company Total said on Monday that it has sold 10% of its planned 180 000 bbl/d capacity Fort Hills project to Suncor Energy for around $230-million. Total said it had decided to reduce its exposure to Canadian oil sands projects in the context of lower global oil prices.
 
 
 
 
 

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