Suncor Energy says it will become the operator of Syncrude by the end of next year. Suncor said all joint owners have agreed in principle but that formal approval will still be required. "As neighbours for almost 50 years, Syncrude and Suncor have enjoyed a close relationship and a long, proud history in the region," Little said in a Monday news release. Mike MacSween, executive vice president for Suncor's upstream, said Suncor and Syncrude are working together to ensure the transition is done safely and thoughtfully. Syncrude said on Twitter that it will continue to keep employees and partners informed as it works through the transition process.

Source: CBC News November 24, 2020 00:35 UTC