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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. The Company 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.


TSX:SU - Post by User

Suncor Energy Inc > Fact and Fiction - Where is the world Going?
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Comment by autofocus111on Aug 11, 2023 6:10pm
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Post# 35584753

RE:RE:RE:RE:RE:RE:RE:RE:RE:Fact and Fiction - Where is the world Going?

RE:RE:RE:RE:RE:RE:RE:RE:RE:Fact and Fiction - Where is the world Going?You can thank former PM Stephen Harper for that. AECL/Candu should have remained a Crown Corp IMO..


>>>The federal government finally announced Wednesday a deal to divest itself of Atomic Energy of Canada Ltd. and get out of the business of subsidizing nuclear reactor sales and servicing. Joe Oliver, the minister of natural resources, said at a news conference in Toronto that the Crown corporation's Candu reactor business has been sold to engineering giant SNC-Lavalin Group of Montreal, ending a process that has been in the works since 2009. The sale price was $15 million, but the government will have opportunity to get royalties down the road because it's keeping intellectual property rights, Oliver said. However, the government will also provide SNC up to $75 million to complete development of a new reactor called Enhanced Candu 6.

https://www.cbc.ca/news/business/aecl-sold-for-15m-to-snc-lavalin-1.985786
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