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. > Canada leads G20 to phase out subsidies for oil

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Comment by matt2018on Jul 24, 2023 12:45pm

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Post# 35554459

RE:Canada leads G20 to phase out subsidies for oil

Obscure, Canada is getting out of the Oil business you say?
Thats like saying..... Canada is going out of business.
You seem to think the Liberals are going to be in power forever.
What do you base that on?

Key facts

In 2021, Canada’s energy sector directly employed 264,700 people and indirectly supported over 369,900 jobs.
Canada’s energy sector accounted for approximately 9.7% of nominal Gross Domestic Product (GDP) in 2021.
Energy exports worth $154.3 billion were sent to 142 countries, with the United States accounting for 91%. Meanwhile, Canada imported $42.6 billion of energy in 2021.
Government revenues coming from enterprises in the energy sector averaged $13 billion from 2015-2019.