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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 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
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Post by stwatcheron Mar 06, 2022 12:56pm
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Post# 34488094

Sanctions on oil & Nat gas next

Sanctions on oil & Nat gas next

U.S. considering Russian oil, natural gas import ban; second attempt at cease-fire in Mariupol fails

Jessica Bursztynsky
Samantha Subin
Katrina Bishop

This is CNBC’s live blog covering Sunday’s updates on the war in Ukraine. Check below for the latest developments.

Secretary of State Antony Blinken said the U.S. and its allies are considering banning Russian oil and natural gas imports in response to the country’s invasion of Ukraine during an interview on Sunday.

“We are now talking to our European partners and allies to look in a coordinated way at the prospect of banning the import of Russian oil while making sure that there is still an appropriate supply of oil on world markets,” he said. “That’s a very active discussion as we speak.”

Earlier in the day, Mariupol City Council announced a second attempt at a temporary cease-fire to enable its civilians to leave. However, Ukrainian Interior Ministry advisor Anton Gerashchenko said Sunday that Russia had once again violated a cease-fire agreement.


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