https://globalnews.ca/news/6242957/h...medium=Twitter
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Husky Energy Inc. is cutting its capital spending plan for 2020 and 2021 by $500 million compared with its earlier guidance due to what it called changing market conditions.
The company is reducing its capital spending for 2020 by $100 million to between $3.2 billion and $3.4 billion. The spending plan for 2021 is being reduced by $400 million.
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The company says its capital spending for 2020 will focus on its Lloyd thermal project portfolio, its Liuhua 29-1 offshore project in China, and construction of the West White Rose Project in the Atlantic region.
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