The Globe and Mail | Oil patch retrenches as price shock cuts deep The Globe and Mail Late Wednesday, Calgary-based Suncor Energy Corp. said it would cut an additional $400-million from its capital expenditures – with half of that reduction coming in oil sands projects. That's on top of the $1-billion the company cut from spending ... Suncor Energy Inc, Cenovus Energy Inc and Shell slash jobs and spending as oil ... Canada's Suncor Operating Profit Falls on Lower Crude Oil Prices More job cuts as oil prices continue to drop |