Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.

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Suncor Energy Inc. > suncor take over?

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Comment by Chris007on Nov 01, 2020 1:10pm

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Post# 31820255

RE:RE:RE:RE:RE:suncor take over?

lol, "precision oilsand-ing"... I like that

Oiljunkie wrote:

Chris007 wrote:

That being said, a Canadian supermajor, dominating the oil sands is an interesting thought. However, like you pointed out, it would lead to a hell of a lot of layoffs.

However, there is definitely synergy, as well as size and scale benefits to be had (we all know how capital intensive oil sands projects are to develop).

I think there will be a huge shift to modular plants, away from stick built.

even without further mergers, the Canadian side of things from a workforce stand point is going to be leaned out.

Take what Hunter Harrison did at CP, and implement that idea throughout our industry.