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UPDATE 1-Husky cuts spending and production forecasts, scraps dividend

The company said savings would be achieved primarily through deferring discretionary activities in Western Canada, but its Sunrise oil sands plant and three new heavy oil thermal projects in the Lloydminster region on the Alberta- Saskatchewan border will not be affected. Spokesman Mel Duvall said about half the reduced production impact would be felt in...
Source: Reuters | By: Nia Williams