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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.

TSX:SU - Post by User

Suncor Energy Inc > Just a heads up... If you want to buy an EV

<< Previous

Bullboard Posts

Next >>

Comment by Co2Harveston Jun 30, 2021 8:40pm

133 Views

Post# 33477974

RE:RE:RE:RE:RE:Just a heads up... If you want to buy an EV

I think I misunderstood your question. To be clear, Suncor seems to be going after Hydrogen as a fuel. Canada has a hydrogen strategy and I haven't read it in detail yet but it does mention ammonia a few times, in the context that hydrogen is used as feedstock to create ammonia. I imagine that if Suncor becomes a major producer of hydrogen they don't necessarily have to produce the ammonia end product to profit from it becoming a popular fuel source someday: https://www.nrcan.gc.ca/sites/www.nrcan.gc.ca/files/environment/hydrogen/NRCan_Hydrogen-Strategy-Canada-na-en-v3.pdf

Spanito wrote: Excellent to hear, now that is great news, thank you.

Co2Harvest wrote:

Spanito wrote: Maybe someone else here already knows if Suncor plans to explore this emerging sought after energy.

They absolutely are doing just that :) https://www.suncor.com/en-ca/newsroom/news-releases/2226977