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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 Dec 04, 2021 3:34pm
190 Views
Post# 34198803

RE:RE:RE:RE:RE:RE:Just Nationalize oil companies

RE:RE:RE:RE:RE:RE:Just Nationalize oil companies
Experienced wrote:
Oldnagger wrote: It is funny , because the Liberals decided to investigate , people at Petrofina at the time. I know , I was one of the people being investigated. At the enquiry, they asked me why , I bought the shares, I replied it was already in the press at the time I bought and anyway why were they not investigating the Liberals ? The lawyers started laughing , I asked what was so funny , they answered are you really that naive?

Anyway, I later learned that it was the president of Petrofina (a Quebec political hack ) who had initiated the deal when he learned that the Liberals wanted to buy Gulf Oil. The Fina boy had sold all his shares in Petrofina before the take-over and then re bought them off-shore. Got away with it , but died from lung cancer shortly after. Just can't beat karma sometimes !!
Small world my friend!!!


The oil business in Canada really is a small world, I was rather lucky to have gotten involved in the business side of it , where I met very many people across many different professions . It made me a sort of Forest Gump as looking back I almost always seem to have been there when interesting things were happening. Contrary to the Chinese adage , it was a benediction rather than a curse even though it felt very much like a curse sometimes !!

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