Suncor Energy
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Suncor cuts $1.5B from budget to cope with low oil prices, virus impact
Cuts follow billions in spending reductions by other major oil sands players.
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Suncor invests $1.4B in cogeneration units at Oil Sands Base Plant
Will provide steam generation required for Suncor’s extraction and upgrading operations.
Suncor posts $2.73B income on Alberta tax recovery, higher oil output
Earnings were buoyed by a one-time deferred tax recovery of $1.12 billion associated with corporate income tax rate cut of 1%.
Oil curtailment mistakes spawn costly Alberta rail plan: Husky execs
Punishes companies like Husky that have made investments in refineries and pipeline capacity, rewards those that have not.
Fort Hills oil sands tailings plan OK but AER orders demonstration
Suncor Energy proposes to chemically treat its tailings, concentrate them all in a single deposit by 2073.
Suncor Energy reports lower net earnings in Q1
Weather outage cuts into oil sands output; operations returned to normal by the end of February.
Suncor files for approval of 160,000 bpd Lewis thermal oil sands project
Company says construction on its first phase may begin in 2024.
Suncor to meet 2017 production targets despite Syncrude upgrader fire
Fire burned for two days and injured one employee.
Buffett’s Berkshire Hathaway sells Suncor Energy stake
Holding company held about 22.3 million shares in Suncor as of June 30.
Suncor Energy restarting Wood Buffalo operations
Employees and contractors are moving back in to the area.
Suncor to improve climate change risk, lobbying disclosure
Energy producer says it will provide information about how it expects “to succeed in a low carbon future.”
Suncor to boost 2016 spending by up to $900M
Oil sands producer aims to spend between $6.7 billion and $7.3 billion next year.
Suncor bids to take over Canadian Oil Sands for $4.3B
Offer would give Canadian Oil Sands shareholders a stake in Canada’s largest integrated energy company.
Companies increasingly putting price on carbon to mitigate risks
Study finds the number of companies factoring carbon pricing in their finances has tripled since last year.
Suncor taking 10% Fort Hills stake off Total for $310M
Total E&P Canada Ltd. retains a 29.2% interest in the $15 billion oil sands project.
