Suncor 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. Continue reading
Suncor 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. Continue reading
Canada’s largest integrated oil and gas company says production averaged 831,000 barrels of oil equivalent per day, up 12 per cent from the third quarter. Continue reading
Husky Energy said it plans to spend approximately $3.4 billion on its capital expenditures next year, about $300 million less than it forecast in May, partly due to Alberta oil production cuts and lower global prices. Continue reading
Forced Alberta government crude oil production cuts next year will result in “unintended consequences” that could include increased safety hazards for its employees, Suncor Energy Inc. warned Friday. Continue reading
Albertan Sen. Paula Simons explained why she and other senators voted to refer Bill C-69 to committee, citing the need for amendments. Continue reading
Suncor Energy confirmed on Wednesday that it plans to start randomly testing some of its employees for drugs at its northern Alberta worksites in the new year. Continue reading
Suncor Energy says it’s assessing the impact of the Alberta government’s move to curtail oil production by 8.7 per cent next year. Continue reading
Suncor Energy Inc. says Steve Williams will retire as chief executive after the company’s annual meeting next May. Continue reading
Suncor Energy Inc. is reporting third-quarter operating income of $1.56 billion, an 80 per cent increase over $867 million in the same period of 2017. Continue reading