The Globe and Mail | Suncor boosts stake in Fort Hills oil sands project The Globe and Mail Total said the sale further reduces its exposure to Canada's high-cost oil sands. The company last year scrapped a separate mining venture called Joslyn. It expects to save about $700-million by shrinking its ownership share in Fort Hills to 29.2 per cent. CompaniesTotal bids retreat from Canadian oil sands Total SA sells 10% of its stake in Fort Hills oil sands project to Suncor Energy Suncor tightens grip on Fort Hills oil sands project |