Suncor relocating its PetroCanada HQ to Calgary from Ontario
Shift to remain competitive by integrating the downstream business with the rest of the company.
Suncor shares slip after fire interrupts Fort McMurray oil sands output
Two upgraders at the project are working at minimum rates to process strip-mined bitumen inventory.
Suncor’s Fort McMurray base plant stalled until September due to fire
Blaze in the extraction area was contained quickly, and no one was hurt.
Suncor CEO predicts slow recovery for energy sector
Pandemic has contributed to reduced demand of 50% for gasoline, 70% for jet fuel and 20% for diesel.
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Mitacs announces initiative to speed up application process and access to research talent for SMEs.
COVID-19 scare at oil sands work camp tests businesses’ plans
Possible virus case shows Civeo’s safety protocols at Suncor Energy base camp work.
Suncor files application for base oil sands mine extension
Energy company is preparing for when the current base mine is depleted in about 2035.
Shelved Suncor thermal oil sands project wins Alberta approval
Would use steam to produce bitumen from wells, can now apply for environmental and local development permits.
Suncor posts $2.3B loss, writes down oil sands and offshore assets
Accounts for $393 million accounts for higher capital cost estimates for the West White Rose Project.
Suncor asks NEB to end Enbridge open season on Mainline pipeline
Largest oil and gas produce demands call for contracts be halted before it wraps up in October.
Oil sands CEOs take federal election message to voters
Newspaper ads ask readers to call on “leaders of all political stripes” to lend their support to the energy industry.
Suncor blames western Canadian oil price discounts for $280M net loss
Operating earnings were $580 million versus $1.31 billion, well below analyst expectations of $724 million.
Suncor Energy reports production hits quarterly record in Q4
Production averaged 831,000 barrels of oil equivalent per day, up 12% from Q3.
Suncor assessing impact of Alberta’s move to cut oil production next year
Cuts to reduce a glut that increases the discount the oil fetches compared with the North American benchmark.
Suncor CEO to retire in May; Mark Little named as his replacement
Steve Williams led the way in support for environmental initiatives, supported Notley’s sweeping climate plan.