Suncor Energy Inc
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Suncor to increase minority stake in Terra Nova as part of ownership restructuringSuncor Energy Inc. says it has reached an agreement in principle to increase its minority ownership of the Terra Nova offshore oilfield.MoneyJun 16
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Several Canadian oilsands operators commit to become net zero emitters by 2050A large part of the strategy includes building a carbon sequestration facility in Cold Lake, Alta. The group says it would be available for other industries to use as well.EnvironmentJun 9
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TC Energy reports $1.1B net loss after $2.2B writedown on Keystone XLKeystone XL was suspended after newly elected U.S. President Joe Biden fulfilled a campaign promise to cancel its presidential permit in January.CanadaMay 7
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Suncor Energy invests in carbon capture technology firm SvanteSuncor says it's investing in carbon capture technology company Svante as it looks for ways to reduce or offset greenhouse gas emissions from its extensive oil and gas operations.EnvironmentMar 18
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Taking Keystone XL pipeline charge, Canadian Natural raises dividend by 11 per centCNRL is joining other large oil producers in setting aside millions of dollars to account for potential costs resulting from the cancellation of the Keystone XL pipeline.CanadaMar 4
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Suncor Energy notes fourth-quarter loss on lower revenue, writedownsSuncor Energy Inc. is reporting a fourth-quarter net loss of $168 million or 11 cents per share, compared with a net loss of $2.34 billion or $1.52 in the same period of 2019.MoneyFeb 3
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Ottawa orders independent review panel for Suncor Energy oilsands mine extensionOttawa says it is referring the impact assessment of a Suncor Energy Inc. oilsands mine extension in northern Alberta to an independent review panel.CanadaJan 29
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Suncor to take $425M impairment charge on White Rose and West White RoseSuncor Energy Inc. says it will take a $425-million impairment charge related to its stake in the White Rose offshore oilfield and West White Rose expansion project.CanadaJan 5
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Suncor increases spending, oil production guidance for 2021Suncor Energy Inc. is forecasting higher spending and production in 2021 based on benchmark U.S. oil prices staying near their current levels of around US$45 per barrel.EconomyDec 1, 2020
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Imperial Oil set to end Syncrude services contract as Suncor becomes operatorImperial Oil Ltd. says it will relinquish its contract to provide business management services to Syncrude Canada Ltd. when Suncor Energy Inc. takes over as operator of its oilsands mine.MoneyNov 24, 2020
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