Syncrude starts crude shipments from Mildred Lake upgrader
Suncor Energy (SU +0.3%) says the Syncrude Canada oil sands project has resumed shipping crude from its Mildred Lake upgrader after cutting production due to a fire at the plant in March.
SU says shipments are currently at 140K bbl/day and should ramp up to full rates of 350K bbl/day in June, which is in line with its previous forecasts, as maintenance on other units wraps up.