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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

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

Bullboard Posts
Post by olesmokeron Jul 31, 2008 9:06am
660 Views
Post# 15346747

Move to scrub "dirty oil" image

Move to scrub "dirty oil" image

FP says Suncor, others move to scrub "dirty oil" image

Suncor Energy Inc (C:SU)

Shares Issued 934,097,445

Last Close 7/30/2008 $58.42

Thursday July 31 2008 - In the News

The Financial Post reports in its Thursday edition that faced with an unflattering image as a global environmental disaster area, tar sands companies including Suncor Energy are stepping up the offensive to counteract critics. The Post's Claudia Cattaneo writes they have rebranded the Oil Sands Developers Group. That is Fort McMurray coalition of 28 companies in the sands business. Its president, Don Thompson, is tasked with getting out the message the tar sands are not the "dirty oil" producers portrayed by green groups. Members of the coalition range from industry pioneers such as Syncrude Canada and Suncor to newcomers like Norway's Statoil Hydro ASA and Korea National Oil Corp. "There has been a lot of responsiveness [by industry and government] to our issues recently, and we want to make sure people understand that," said Mr. Thompson, who is also Syncrude's public relations chief. "When you understand the facts, you are able to put things into a much better context." For example, the Northern Alberta region is often portrayed with images of unsightly mines, billowing smoke stacks and giant industrial plants. However, the air quality at Fort McMurray is as good as anywhere in Alberta.

Bullboard Posts

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