

News
Energy Manufacturing Oil & Gas
General Production
March 25, 2020
Suncor cuts $1.5B from budget to cope with low oil prices, virus impact
Cuts follow billions in spending reductions by other major oil sands players.
News
Energy Manufacturing Oil & Gas
General
December 5, 2018
Canadian Natural cuts $1B from budget due to low oil price
Oil sands producer will ramp up capital spending if prices improve and stabilize, and there’s clarity on market access.

News
Energy Manufacturing Oil & Gas
General Operations Production Sustainability
December 14, 2015
Encana to cut capital budget by $600M
Also cuts shareholder dividend by about 78%.
News
Energy Oil & Gas
General Operations Production Sustainability
September 1, 2015
Penn West cuts 400 jobs, mostly in Calgary
To cut a further $75 million from capital spending budget; suspends dividend.
News
Energy Oil & Gas
General Operations Production Sustainability
February 25, 2015
Encana cuts capital spending plan by US$700M
Will continue to focus 80% of its capital investment on four main assets in Alberta, BC and Texas.