Suncor Energy Inc
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Suncor still searching for cost savings after wave of job cuts: CEOSuncor Energy Inc. says it earned a profit of $1.54 billion in the third quarter of 2023, compared to a net loss of $609 million in the prior year's quarter.EconomyNov 9, 2023
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Suncor CEO says company has been too focused on energy transition, must get back to fundamentalsThe man hired to turn around the flagging fortunes of Suncor Energy says he believes the company's been too focused in recent years on the energy transition.EconomyAug 15, 2023
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Suncor earns $1.88 billion in Q2; takes restructuring charge related to layoffsThe Calgary-based energy giant says it took a $275-million restructuring charge in the quarter related to its previously announced plans to cut 1,500 jobs by the end of the year.CanadaAug 14, 2023
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Feds try to reclaim $347 million insurance payout to Suncor linked to Libya unrestExport Development Canada, which insures against losses caused by political violence, argues that Suncor's facilities in Libya still deliver returns for the Calgary-based company.CanadaAug 2, 2023
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Petro-Points members’ contact information obtained by cyberattackers: SuncorSuncor Energy Inc. says the cyberattack that affected the company's Petro-Canada retail chain also resulted in the leakage of some customer data.ConsumerJul 6, 2023
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Mitigation efforts continue at Suncor Energy following cyberattackCanada's top technical authority on cybersecurity says it is working closely with Suncor Energy Inc. in the aftermath of a high-profile systems breach at the energy giant.TechJul 5, 2023
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Suncor cyberattack likely to cost energy firm millions of dollars: expertA cybersecurity expert says a systems breach at Suncor Energy Inc. will likely cost the company millions of dollars before the issue is resolved.TechJun 27, 2023
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Dozens of dead birds found at Suncor oilsands tailings ponds sitesThe Alberta Energy Regulator says a total of 32 dead waterfowl have been found at two separate oilsands tailings ponds operated by Suncor Energy Inc.CanadaMay 15, 2023
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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
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Suncor Energy selling North Sea offshore assets in deal valued at $1.2BSuncor Energy Inc. has signed a deal to sell its offshore assets in the North Sea to Equinor UK Ltd. in an agreement valued at about $1.2 billion.MoneyMar 3, 2023
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