Advertisement 1

Oilpatch carnage! Energy giants slash jobs and spending to survive in world of $50 oil

Canada's Suncor, Cenovus and global leader Shell announce further deep job and spending cuts today as oil prices fall back into bear market below $50 a barrel

Article content

Canada’s Suncor, Cenovus and global leader Shell announce further deep job and spending cuts today as producers struggle to survive in a world where crude prices have plunged about 55% in the past year

Article content
Advertisement 2
Advertisement
Article content
Article content
Comments
You must be logged in to join the discussion or read more comments.
Join the Conversation

Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.

This Week in Flyers