Suncor Energy Inc.’s on-again, off-again plan to add a coker unit to its Montreal refinery to allow it to process heavier barrels of oil, including oilsands bitumen, is off the table as it shuffles its spending priorities. Continue reading →

Suncor 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. Continue reading →

Founding members include Suncor Energy, Imperial Oil and Shell Canada, as well as the World Wildlife Fund, and federal and Alberta government representatives. Continue reading →

Suncor Energy Inc. is reporting lower third-quarter net income as higher upstream and refining production was offset by lower commodity prices and refinery profit margins. Continue reading →

The largest pension fund in Norway has removed four Canadian energy names from its investment list and says it will no longer put money in companies that derive more than five per cent of their revenue from the oilsands. Continue reading →

Shares in Enbridge Inc. were down Monday morning after the Canada Energy Regulator ordered it to suspend an open season it was holding for service on its Canadian Mainline oil pipeline system. Continue reading →

The CEO of Suncor Energy Inc. says his company isn’t counting on higher cash flow despite analyst expectations of a “risk premium” on crude oil prices in the wake of last weekend’s attacks on Saudi Arabian oil facilities. Continue reading →

A senior executive with Enbridge Inc. says the company won’t change course on its plan to convert most of its Mainline pipeline system to long-term contracts despite growing opposition from major Canadian oil producers. Continue reading →

An open season launched by Enbridge Inc. to try to lock shippers into long-term contracts on its Canadian Mainline oil pipeline system is designed to take advantage of “mostly captive shippers,” Suncor Energy Inc. says. Continue reading →