Suncor Energy


All posts for Suncor Energy

Suncor Energy Reports Second Quarter 2018 Results

CALGARY, Alberta, July 25, 2018 (GLOBE NEWSWIRE) -- “Suncor generated the strongest second quarter cash flow on record, with funds from operations of $2.9 billion and operating earnings of $1.2 billion,” said Steve Williams, president and chief executive officer. “We achieved these second quarter r ...

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Posted 20 days agoPress > Suncor EnergyEarningsResults +1

Suncor Energy Announces Brian MacDonald to Join Board of Directors

CALGARY, Alberta , July 23, 2018 (GLOBE NEWSWIRE) -- Suncor today announced the appointment of Brian MacDonald to the company's board of directors.  Mr. MacDonald's appointment is effective July 23, 2018. “I'm pleased to welcome Brian MacDonald to the Suncor board of directors,” said Suncor board ...

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Posted 22 days agoPress > Suncor EnergyAppointmentBoard of Directors

Suncor Set Up for Strong Production for the Remainder of the Year

Major planned turnarounds at Oil Sands and Downstream complete Growth projects exceeding expectations  All financial figures are in Canadian dollars. CALGARY, Alberta (GLOBE NEWSWIRE) -- Suncor has announced that with the completion of major planned turnaround activities and strong product ...

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Posted 2 months agoPress > SuncorSuncor EnergyOil Sands +1

Suncor Energy Reports First Quarter 2018 Results

CALGARY, Alberta, May 01, 2018 (GLOBE NEWSWIRE) --  “The value of our integrated model was front and centre this quarter as strong financial results from our downstream and offshore assets helped to offset the impact of lower Oil Sands production, and our refineries were able to fully capture the l ...

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Posted 3 months agoPress > Suncor EnergyQ118Results +3

Suncor Energy Announces Change to Syncrude Turnaround Timing and Provides Overall Suncor Production Update

All financial figures are in Canadian dollars, unless otherwise noted CALGARY, Alberta, March 14, 2018 (GLOBE NEWSWIRE) -- Suncor today announced that the Syncrude maintenance turnaround originally scheduled to begin in April, will be moved up by approximately one month. On March 15, Syncrude pl ...

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Posted 5 months agoPress > Suncor Energyproduction updateSyncrude +3

Suncor Energy Closes Purchase of Additional Interest in Syncrude

All financial figures are in Canadian dollars, unless otherwise noted CALGARY, Alberta, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Suncor today announced it has closed the transaction to purchase a 5% interest in Syncrude from Mocal Energy.    The US$730 million, or approximately Cdn$925 million, purchas ...

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Posted 5 months agoPress > Suncor EnergyAcquisitionSyncrude +2

Suncor Energy Acquires Additional Interest in Syncrude and Interest in Norway’s Fenja Field

CALGARY, Alberta, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Suncor today announced it has reached an agreement to acquire Mocal Energy's 5% interest in the Syncrude joint venture for US$730 million, or approximately Cdn$920 million, subject to closing adjustments. The transaction will be effective as of ...

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Posted 6 months agoPress > Suncor EnergyCanadaNorway +3

Faroe Petroleum: Sale of 17.5% Interest in PL586 (Fenja) to Suncor Energy Norge AS

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has executed a transaction with Suncor Energy Norge AS (‘Suncor') for the sale of a 17.5% working interest in the ...

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Posted 6 months agoPress > DivestmentFaroe PetroleumSuncor +5

Suncor Energy Transitions to Continuous Operations at Fort Hills

CALGARY, ALBERTA--(Marketwired - Jan. 29, 2018) - Suncor today announced that the Fort Hills project is continuing its steady ramp up of production following the safe startup of secondary extraction on Jan. 27, 2018. Fort Hills, which is located approximately 90 kilometres north of Fort McMurray, ...

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Posted 6 months agoPress > CanadaSuncor EnergyFort Hills +1

Suncor Energy Announces 2018 Capital Program and Production Outlook

All financial figures are in Canadian dollars Suncor has released its 2018 corporate guidance which includes a capital program of between $4.5 and $5.0 billion and average upstream production of 740,000 to 780,000 barrels of oil equivalent per day (boe/d). The midpoints of these ranges represent ...

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Posted 8 months agoPress > Suncor EnergyCanadaCapital Program

Suncor Energy Declares Dividend

All financial figures are in Canadian dollars. CALGARY, ALBERTA--(Marketwired - Nov. 14, 2017) - Suncor's Board of Directors has approved a quarterly dividend of $0.32 per share on its common shares, payable December 22, 2017 to shareholders of record at the close of business on December 1, 2017 ...

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Posted 9 months agoPress > Suncor EnergyCanadaDividend

Suncor Energy's Steve Williams appoints Mark Little as Chief Operating Officer

CALGARY, ALBERTA--(Marketwired - Nov. 9, 2017) - Steve Williams, chief executive officer at Suncor, today announced the appointment of Mark Little, currently president, Upstream, as chief operating officer (COO). As Suncor's COO, Mark will be responsible for all of the operations and many of the ...

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Posted 9 months agoPress > Suncor EnergyCanadaalberta +2

Suncor Energy Announces Pricing of US$750 Million Notes Offering

CALGARY, ALBERTA--(Marketwired - Nov. 8, 2017) - Suncor announced today that it has priced an offering of US$750 million in aggregate principal amount of senior unsecured notes due on November 15, 2047 (the "2047 Notes"). The 2047 Notes will have a coupon of 4.000%. The offering is expected to cl ...

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Posted 9 months agoPress > Suncor EnergyCanadaNotes Offering

Suncor Energy and PetroNor Announce Agreement for Equity Partnership

Suncor and PetroNor today announced the purchase by Suncor of a 41% equity interest in PetroNor, a petroleum products distributor across the James Bay and Abitibi-Témiscamingue regions of Quebec. Owned and operated by the James Bay Crees, PetroNor services commercial, industrial, aviation, mining ...

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Posted 9 months agoPress > PetroNorSuncor EnergyQuebec +2

Suncor Energy Foundation invests in enhanced training at Lambton College

  Suncor, through the Suncor Energy Foundation, today announced a $300,000 donation to Lambton College towards the purchase of industry equipment, software and simulators that support enhanced training for students enrolled in the College's Technology programs. "Over the years we have built a ...

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Posted 1 year agoPress > Suncor Energy