Suncor hit could top $1-billion: Sales from company's oil sands upgrader will suffer from production delay after fire

Article Abstract:

Damage from a massive fire in January 2005, will knock out half of Suncor Energy Inc.'s oil sands production until at least July 2005, draining more than $1 billion in revenue from the Calgary energy company. Suncor will operate at 50 percent of its capacity until it can get the second upgrader running.

Accidents, Suncor Energy Inc., Fire

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U.S. production woes takes bite out of BP's profit

Article Abstract:

BP PLC reported 3.6 percent profit drop in the third quarter of 2006. The embarrassing pipe leakage problem in Alaska, higher taxes in Britain and drop in production are stated as main reasons for the profit drop.

United Kingdom, BP PLC

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Suitors said to be eyeing takeover of Husky

Article Abstract:

Many potential suitors look upon Husky Energy Inc. but the parent company Hutchison Whampoa Ltd has not yet accepted any offers. The company is willing to sell the stake when they get the right price.

Acquisitions & mergers, Natural gas liquids, Oil & Gas Extraction, Oil and Gas Extraction, Mergers, acquisitions and divestments, Company acquisition/merger, Gas industry, Husky Energy Inc., Petroleum and gas industry software

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