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Suncor Energy Inc. (French: Suncor Énergie) is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands . In the 2020 Forbes Global 2000 , Suncor Energy was ranked as the 48th-largest public company in the world.
Syncrude Canada Ltd. is one of the world's largest producers of synthetic crude oil from oil sands and the largest single source producer in Canada.It is located just outside Fort McMurray in the Athabasca Oil Sands, and has a nameplate capacity of 350,000 barrels per day (56,000 m 3 /d) of oil, equivalent to about 13% of Canada's consumption. [1]
This refinery is actually in stand-by but the plant hasn't been destroyed. It made some petrochemical product essentially and some products for the Montreal oil industries. Petromont is owned by Dow Chemical and the Société générale de financement du Québec. Its Total Industrial Refining Capacity is 58 000 bpd.
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Suncor (SU) will increase its interest in the Terra Nova offshore oil project to 48% from about 38%. It also agrees to increase its ownership stake in the White Rose oilfield asset.
Suncor's land at Burnt Lake was used by Ormat to build an OrCrude demonstration plant, using oil supplied by Suncor. [1] However, Suncor soon withdrew from the venture, and Nexen returned to take a 50% stake. [1] In 2004, the OPTI decided to expand Long Lake to commercial-scale, and raised over $1.5 billion of private equity and debt. [1]
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