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Suncor reports a $2 billion loss on asset write-downs and forex losses

Suncor reports a $2 billion loss on asset write-downs and forex losses

The company declared an operating loss of $26 million in Q4 and a $2 billion net loss on a $1.6 billion impairment charge and $400M forex loss on US denominated debt. Oil sands production was 439,700 bbl/day, up 14% from the previous quarter thanks to record in-situ production and good reliability at its mining operations. Free cash flow for full year 2015 was $139 million versus $2.1 billion in 2014.

TransCanada offers Quebec 210 new jobs in exchange for Energy East approval

TransCanada offers Quebec 210 new jobs in exchange for Energy East approval

BP reports a huge quarterly loss ever but maintains dividend

BP reports a huge quarterly loss ever but maintains dividend

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