The Alberta Government has laid seven charges against Suncor Energy Inc. for an incident that took place at the company's Edmonton-area refinery in 2018.

Both Cenovus Energy and Suncor Energy reported millions of dollars in losses in the second quarter as they throttled back oil production amid a global crude market awash in surplus barrels.

Analysts say a rebound in oil prices as consumer demand for gasoline rises will buoy energy companies as they give quarterly results starting next week.

Oilsands companies are restoring thousands of barrels of daily production to take advantage of higher oil prices as relaxed pandemic measures allow North American consumers to get back on the road.

Canadian Natural Resources Ltd, Cenovus Energy Inc , Suncor Energy Inc, and Imperial Oil Ltd were excluded from the fund due to "unacceptable greenhouse gas emissions."

Suncor is cutting its 2020 capital spending budget by $1.5 billion or 26 per cent to a range between $3.9 billion and $4.5 billion.

The Impact Assessment Agency of Canada is inviting public and Indigenous comment on a Suncor Energy Inc. project to open a new mine in order to extend the life of its base oilsands processing facilities near Fort McMurray in northern Alberta.

The Alberta government has approved an application by Suncor Energy Inc. to build a 40,000-barrel-per-day thermal oilsands project but construction is unlikely to start any time soon.

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.

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.