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Suncor is the world's largest producer of bitumen, and owns and operates an oil sands upgrading plant near Fort McMurray, Alberta, Canada. Originally developed by Great Canadian Oil Sands, a majority-owned subsidiary of Sun Oil, it is now wholly owned by the independent Suncor.
Companies including Suncor Energy, Canadian Natural Resources Ltd and Imperial Oil have oil sands projects within 150 km of the city and many workers live in Fort McMurray.
Commercial production of oil from the Athabasca oil sands began in 1967, with the opening of the Great Canadian Oil Sands (GCOS) plant in Fort McMurray. It was the first operational oil sands project in the world, owned and operated by the American parent company, Sun Oil Company.
The Kearl Oil Sands Project is an oil sands mine in the Athabasca Oil Sands region at the Kearl Lake area, about 70 kilometres (43 mi) north of Fort McMurray in Alberta, Canada that is operated by the 143-year old Calgary, Alberta-headquartered Imperial Oil Limited—one of the largest integrated oil companies in Canada.
Hundreds of residents in four neighborhoods in the southern end of Canada’s oil sand hub of Fort McMurray, Alberta, were ordered to evacuate with a wildfire threatening the community ...
Fort McMurray was granted the status of new town so it could get more provincial funding. By 1966, the town's population was over 2,000. In 1967, the Great Canadian Oil Sands (now Suncor) plant opened and Fort McMurray's growth soon took off.
In April 2016, Suncor announced that they had reached a $937-million deal to acquire Murphy Oil Corp.'s five per cent stake in the Syncrude project north of Fort McMurray, Alta. This follows the hostile takeover of Canadian Oil Sands less than a year ago, and will increase its interest in Syncrude from just under 49 per cent to nearly 54 per ...
On May 6, the Royal Canadian Mounted Police began leading convoys to move 1,500 vehicles from oil sand work camps north of Fort McMurray, south along Highway 63 to Edmonton. [46] The fire continued to grow out of control, spreading to 100,000 ha (250,000 acres) by May 6, [ 46 ] [ 47 ] and 200,000 ha (490,000 acres) by May 7. [ 48 ]