CALGARY, ALBERTA--(Marketwired - Oct 6, 2016) - Suncor Energy UK Limited ("Suncor") today announced it has closed the previously announced purchase of a 30 per cent participating interest in the U.K. North Sea Rosebank project from OMV (U.K.) Limited. All necessary regulatory approvals have been received and as per the agreement, Suncor has made an [...]
All financial figures are in Canadian dollars CALGARY, ALBERTA--(Marketwired - Sep 21, 2016) - Suncor reports that it has been advised by the operator of the Shelburne Basin joint venture exploration project, Shell Canada Limited, that the drilling of the first exploration well has been completed and it is non-commercial. As a result, in the [...]
CALGARY, ALBERTA--(Marketwired - Sept. 16, 2016) - Suncor today provided an update on its work with Nsolv Corporation to test solvent-based extraction techniques and explore advancing the technology to commercial scale implementation. Suncor will continue to test the Nsolv technology, which uses a solvent in place of steam in current in situ [...]
CALGARY, ALBERTA--(Marketwired - Sept. 8, 2016) - Suncor announced today that it will issue an aggregate of $1.0 billion of senior unsecured Series 5 Medium Term Notes (the "Offering"). The Offering will be conducted in two tranches consisting of $700 million of senior unsecured Series 5 Medium Term Notes maturing on Sept. 14, 2026 (the "2026 [...]
CALGARY, ALBERTA--(Marketwired - Sep 6, 2016) - Suncor and Fort McKay First Nation today announced the signing of a participation agreement for the purchase and sale of a 34.3% equity interest in Suncor's East Tank Farm Development to Fort McKay First Nation. Under the terms of the agreement, Fort McKay First Nation will pay 34.3% of the actual [...]
CALGARY, ALBERTA--(Marketwired - Sep 2, 2016) - Steve Williams, president and chief executive officer, will present at the Barclays CEO Energy/Power Conference on Wednesday, Sept. 7, 2016 at 5:45 a.m. MT (7:45 a.m. ET). The webcast link will be available on Suncor's website at suncor.com/webcasts, or at the following URL for 180 days [...]
Renewal introduces new Petro-Points Family & Friends Program CALGARY, ALBERTA--(Marketwired - Aug 20, 2016) - Suncor, through its Petro-Canada brand, today announced continued support of Canadian athletes, coaches and their families for an additional eight years as a National Partner of the Canadian Olympic Committee (COC). The announcement took [...]
CALGARY, ALBERTA--(Marketwired - Aug 20, 2016) - Editors note: There are two (2) videos associated with this press release. Petro-Canada, a Suncor business, today announced the 2016 Fuelling Athletes and Coaching Excellence (FACE™) Program grant recipients. The FACE athletes from across Canada represent 39 different summer and winter sports [...]
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2016) - Suncor Energy UK Limited ("Suncor") today announced it will acquire a 30 per cent participating interest in the U.K. North Sea Rosebank project from OMV (U.K.) Limited. Under the terms of the agreement, Suncor will make an initial payment of US$50 million on closing. The transaction is subject to [...]
CALGARY, ALBERTA--(Marketwired - July 27, 2016) - Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the [...]
(All financial figures are in Canadian dollars.) CALGARY, ALBERTA--(Marketwired - Jul 27, 2016) - Suncor Energy's Board of Directors has approved a quarterly dividend of $0.29 per share on its common shares, payable September 26, 2016 to shareholders of record at the close of business on September 6, 2016. Suncor Energy is Canada's leading [...]
New long-term goals focus on emissions and Suncor's relationship with Aboriginal Peoples CALGARY, ALBERTA--(Marketwired - July 21, 2016) - Suncor Energy today announced the release of its 2016 Report on Sustainability which includes new long-term sustainability goals addressing climate change and Suncor's relationship with Aboriginal Peoples of [...]