Fort Hills
-
Total closes $4B Surmont sale to ConocoPhillips, fully exiting Alberta’s oilsandsFrench company TotalEnergies says it has finalized its sale of its stake in the Surmont oilsands project to U.S. oil company ConocoPhillips in a deal worth up to $4.4 billion.MoneyOct 4, 2023
-
Suncor inks deal with French company that will expand bitumen production capacityTotalEnergies had announced last year it planned to exit the Canadian oilsands by spinning off TotalEnergies EP Canada, but said it decided to sell the operations instead.CanadaApr 27, 2023
-
-
Advertisement
-
Suncor incident highlights ‘continued failure’ of Alberta regulator: First Nation chiefA First Nation chief says that Suncor's release of muddy water into the Athabasca River further highlights the issues with Alberta's regulator.CanadaApr 19, 2023
-
-
Advertisement
-
Teck completes sale of Fort Hills stake to project partners; exits oilsandsTeck Resources Ltd. says it has completed the sale of its 21.3 per cent stake in the Fort Hills oilsands mine to Suncor Energy Inc. and TotalEnergies EP Canada Ltd.MoneyFeb 3, 2023
-
Suncor reducing contractor work force by 20% to improve safety, efficiencySince 2014, there have been at least 12 fatalities at Suncor's oilsands facilities in northern Alberta, including five since 2021.CanadaNov 3, 2022
-
-
Suncor reports net loss in third quarter as it takes writedown on Fort HillsSuncor Inc. says it recorded a net loss of $609 million in the third quarter as it took a writedown of $3.4 billion against its share of the Fort Hills oilsands mine.CanadaNov 2, 2022
-
-
Total writes off $9.3B in oilsands assets, cancels CAPP membershipFrench energy giant Total says it is writing off $9.3-billion (US$7 billion) worth of oilsands assets in Alberta and cancelling its membership in the Calgary-based Canadian Association of Petroleum Producers.MoneyJul 29, 2020
-
Suncor Energy posts $2.3B loss as company writes down oilsands and offshore assetsSuncor Energy Inc. is reporting a net loss of $2.3 billion for the fourth quarter of 2019 due mainly to asset impairment charges of $3.3 billion.MoneyFeb 5, 2020
-
-
Advertisement
-
Suncor still opposed to Alberta oil cuts despite ‘slightly positive’ Q1 impactSuncor remains opposed to the Alberta government-ordered oil curtailments, but the company conceded the program was actually "slightly positive" for its financial results in the first quarter.EconomyMay 2, 2019
-
-
Advertisement
-
Higher prices and volumes credited as Suncor Energy beats estimates with a $1.47B profitSuncor Energy Inc. is reporting first-quarter net income that beat analyst expectations thanks to higher oil prices, record downstream results, more oilsands production and a $264-million insurance gain on its assets in Libya.MoneyMay 1, 2019
Trending
-
B.C. teen’s killer says new TV show about Reena Virk’s murder ‘disrespectful’2,521 Read
-
Anne Heche’s estate cannot pay over $8M in debts, son says2,023 Read
-
What is a halal mortgage? How interest-free home financing works in Canada1,596 Read
-
Train goes up in flames while rolling through London, Ont. Here’s what we know939 Read
-
Trudeau says ‘good luck’ to Saskatchewan premier in carbon price spat903 Read
-
Four injured after military horses break loose, stampede in London, U.K.774 Read
-