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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
Canadian oil sands producer Suncor Energy said on Thursday that work needed to stabilize a slope at its Fort Hills mine in northern Alberta will delay a ramp-up in production and add to cash ...
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 ...
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]
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.
The interim chief executive of Canada's Suncor Energy said on Friday that he has a mandate to change the oil-producing company's poor safety and operating performance, even as its board looks for ...
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 ...
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