CALGARY, Alberta, Oct 29 (Reuters) - The Syncrude oil sands
project in northern Alberta is experiencing challenges and has
been operating at approximately 60 percent of capacity in
October, Suncor Energy SU.TO Chief Executive Steve Williams
said on Thursday.
Suncor holds a 12 percent stake in the Syncrude joint
venture and earlier this month launched a hostile takeover bid
for Canadian Oil Sands COS.TO , the largest-interest owner in
the oil sands mining and upgrading project.