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Suncor Energy Announces 2021 Production Outlook And Capital Allocation
Suncor Energy Posst Q3 FFO Per Share C$0.76
Suncor Energy Says Full Year Corporate Production Guidance Has Been Revised To 680,000 - 710,000 Bbls/D
Suncor Energy Inc is a Canada-based integrated energy company. The Company is focused on developing Canada's petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company's Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its E&P segment is responsible for upstream oil and gas activities. The Company's Refining and Marketing segment is engaged in Refining and Supply, and Marketing operations. It transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada. It markets third-party petroleum products. In addition, the Company also operates a renewable energy business and conduct energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products, and power.
Oil & Gas - Integrated
150 6th Avenue S.W., Stn M
PO Box 2844
Michael M. Wilson
Independent Chairman of the Board
Mark S. Little
President, Chief Executive Officer, Director
Chief Financial Officer
Chief People Officer
Michael R. MacSween
Executive Vice President - Upstream
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U.S. President Joe Biden on Wednesday formally revoked the permit needed to build the Keystone XL oil pipeline (KXL), dashing Ottawa's hopes of salvaging the $8 billion project that the struggling Canadian crude sector has long supported.
A worker is missing at Suncor Energy's oil sands base plant in northern Alberta after a bulldozer fell through ice on a disused tailings pond, the company said on Thursday.
Canada's Suncor Energy Inc has restarted operations at its Fort Hills oil sands mine in northern Alberta, a company spokeswoman said on Wednesday, after operations were halted last week following the deaths of two workers in a vehicle collision.
Two workers were killed in a vehicle collision at Suncor Energy's Fort Hills oil sands mine in northern Alberta, a Suncor spokeswoman said on Wednesday, prompting the company to halt mine operations while an investigation was underway.
Suncor Energy Inc on Monday forecast higher production and spending targets for fiscal year 2021, as the Canadian oil and gas producer bets on a faster rebound in demand and prices from pandemic lows.
Suncor Energy on Monday forecast higher production and spending for 2021 as the Canadian oil and gas producer expects consumer demand and commodity prices to recover from pandemic lows.
Canadians need to do more to tackle a second wave of the coronavirus by slashing the number of personal contacts they have with others, health authorities said on Friday.
Canadian oil and gas producer Suncor Energy Inc <SU.TO> posted a quarterly loss on Wednesday, hammered by a steep decline in oil prices as pandemic-led travel restrictions crushed fuel demand.
Suncor Energy <SU.TO>, Canada's second-biggest oil company, said on Friday it would cut its workforce by up to 15% over the next year and a half, as pandemic travel restrictions crushed crude demand.
Canadian oil and gas producer Suncor Energy Inc <SU.TO> posted a bigger-than-expected quarterly loss on Wednesday, as oil prices tumbled on the back of a rapid decline in global demand caused by the coronavirus pandemic.
Canadian oil and gas producer Suncor Energy Inc posted a quarterly loss on Wednesday, hit by a sharp fall in oil prices due to the COVID-19 pandemic and OPEC+ supply issues.
The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand on a similar scale to the coronavirus pandemic, Suncor Energy Inc's chief executive said on Monday.
The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand on a similar scale to the coronavirus pandemic, Suncor Energy Inc's <SU.TO> chief executive said on Monday.
A fire on the idled Terra Nova oil facility that Suncor Energy operates off the coast of Newfoundland & Labrador has been extinguished, the energy regulator for the province said on Saturday, even as the vessel faced an uncertain future.
Suncor Energy Inc <SU.TO> deepened its spending cuts, suspended its share repurchase program and cut its quarterly dividend by 55%, hit by a historic plunge in oil prices caused by a feud between Saudi Arabia and Russia and the COVID-19 pandemic.
Canadian oil and gas producer Suncor Energy Inc swung to a quarterly loss on Tuesday, partly hurt by an after-tax impairment charge.
Suncor Energy Inc on Monday cut its 2020 production outlook and suspended share repurchases for the year following the decline in crude oil prices and due to the economic impact of the coronavirus outbreak.
Suncor Energy Inc on Monday cut its 2020 production outlook and operating costs following the decline in crude oil prices and due to the economic impact of the coronavirus outbreak.
The prospect of heavy oil prices remaining low for the foreseeable future prompted Suncor Energy <SU.TO>, Canada's second-largest crude producer, to take a C$2.8 billion ($2.11 billion) writedown on its newest oil sands site, its chief executive officer said on Thursday.
The prospect of heavy oil prices remaining low for the foreseeable future caused Suncor Energy, Canada's second-largest crude producer, to take a C$2.8 billion ($2.11 billion) write-down on its newest oil sands site, its chief executive officer said.
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