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The oil sands specialist had to shut in some production because of bad weather, but oil above $65 a barrel helped prop up earnings. High Oil Prices Covered Up Production Declines in Suncor Energy's Q1
Total production plunged to 655,500 barrels of oil equivalent per day (boepd) during the quarter, from 803,900 boepd a year earlier as the company cut output to keep pace with reduced demand.
Suncor Energy (SU) has today provided an operational update and revised its 2020 guidance, citing a recent fire, performance improvement opportunities, and the second train of production at Fort ...
Suncor Energy owned and operated three Bombardier CRJ900ER aircraft [35] but sold them in late 2016 and now uses WestJet to shuttle Suncor employees to the oil sands. [36] As of February 2023, Suncor Energy owns a Bombardier Global Express (BD-700) and operate as ICAO airline designator JSN, and telephony JETSUN. [37] [38]
Suncor's Base Mine is a key part of the company's operations in northern Alberta, producing around 200,000 barrels per day (bpd) of bitumen used to feed upgraders at its oil sands base plant that ...
Pathways Alliance or Oil Sands Pathways Alliance is a consortium established on June 15, 2022 [1] of Canada's largest oil sands producers—Canadian Natural Resources, Cenovus Energy, Imperial Oil, MEG Energy, Suncor Energy and ConocoPhillips—with the goal of achieving "net-zero by 2050". Together these companies represent about 95% of ...
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]
A bulldozer hit a light vehicle truck at around 5:30 p.m. local time on Monday, resulting in the death of two workers employed by Clearstream, which provides mining services at Fort Hills, Suncor ...