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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 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

Comment by Oldnaggeron Sep 24, 2021 8:22am
145 Views
Post# 33913047

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:geez

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:geezPerhaps I didn't make my point to well. I am a chemical engineer , not an expert by any means, but I do sem to have remembered basic hydrocarbon chemistry and reaction kinetics. CO2 is not reactive without putting as much energy back into as was liberated when it was formed. So even though it could be reformed into other derivatives it would be insane to do so , as it would be much more efficient to start with hydrocarbons as is done today.
That goes to my other point, there is so much misinformation out there, that it is small wonder that the general public are completely bewildered , even some of the experts are. That is why I am loathe to invest in government backed schemes. I have been involved in too many. Anyone remember Heavy water plants ?
Which brings up another point. When the Liberals get involved , inevitably it is their friends that get the contract . For heavy water , it was 2 plants by SNC-Lavalin . Remember them?
Co2Harvest wrote: The current CO2 market is currently tiny and buyers typically buy by the tank at wild-ranging local prices but if the market widens to products like fertilizer, plastics, graphene, fuels etc. and they build a pipeline network for it, then the carbon emitters of the world will suddenly become carbon suppliers. That's very far off, granted. Who can predict... 15 or even 25 years? In the meantime, opportunities for hydrogen continue to grow (5-15 year timeline) and so as a Suncor investor, I'm very happy to see that they are involved in both hydrogen and carbon capture R&D. If thinking 5-25 years out into their potential growth opportunities isn't strategic enough for Suncor shareholders, I don't know what they will have to do to convince people LOL. GLTA
Obscure1 wrote: Cc2 and Oldnag:

Productive discussion guys.  Thanks for your thoughtful input.




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