Suncor Energy Inc.

All financial figures are in Canadian dollars Suncor Energy today announced that it has closed the transaction to purchase an additional 14.65% working interest in the Fort Hills Project from Teck Resources Ltd. . As announced by TotalEnergies on January 27, 2023, TotalEnergies EP Canada Ltd. has provided notice of the exercise of its contractual [...]

Suncor Energy today announced that the agreement dated July 16, 2022 with Elliott Investment Management L.P. , has, in the interest of continued cooperation, been amended by the agreement of the parties to extend the right for Elliott to appoint an additional director to the board of Suncor from January 31, 2023 to March 17, 2023. Suncor is [...]

Suncor Energy: Not that long ago, Veronica Big Plume , donned a cap and gown and walked across a stage during a graduation ceremony at Mount Royal University. She holds a Bachelor of Arts in sociology from the school but has also been an initiated member of both the Medicine Pipe Society and Beaver Pipe Society through the Siksika community since [...]

Suncor Energy Chris Fitzgerald has always loved to solve problems. Ever since he started with Petro?Canada over 15 years ago, he has worked all over Suncor with one common theme-taking complex problems and finding solutions that work for employees, leaders and the business. Chris, who is currently a development manager focused on optimization for [...]

Suncor Energy today provided an update related to its Commerce City refinery. Due to the extreme and record-setting weather impacting much of the United States, including Denver, Colorado, Suncor's Commerce City refinery experienced equipment damage in the days leading up to December 24th, 2022. Consistent with our operational excellence and safe [...]

Suncor Energy announces that it has been made aware of an application that has been filed today by TotalEnergies EP Canada Ltd. in the Court of King's Bench of Alberta related to the validity of the right of first refusal notice delivered to it by Teck Resources Ltd. in connection with the sale of Teck's 21.3% interest in Fort Hills to Suncor [...]

Current global unrest and ongoing impacts from the pandemic have brought the security of supply of energy and resource products into sharp focus, not just for Canadians but our allies around the world. This priority was reinforced at the highest political levels with Deputy Prime Minister Chrystia Freeland saying in a recent speech that "Canada [...]

Suncor Energy As the saying goes, if you're planning effectively, you'll always be changing your plans. So, what happens when your business plan, and the world around us, changes? Since the early 1980s, Petro?Canada has held three legacy exploration permits off the coast of British Columbia. These licenses cover an area of 23,000 square kilometres [...]

Suncor Energy: Suncor hit a major milestone this month as our in situ oil sands operations produced their combined one billionth barrel of oil. The milestone was 20 years in the making for our MacKay River and Firebag facilities, which began producing in 2002 and 2004 respectively. The achievement represents our commitment to ingenuity, innovation [...]

Suncor Energy released its 2023 corporate guidance today. "Over the past several months, our new mining leadership has done an in-depth review of our assets and developed a multi-year plan that will deliver marked improvements in safety, reliability and operational performance," said Kris Smith interim president and chief executive officer. "In [...]