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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 MigraineCallon Apr 15, 2022 1:32pm
185 Views
Post# 34606652

RE:RE:RE:really !

RE:RE:RE:really !I wonder if Alberta could introduce legislation to sanction Quebec from using fossil fuels.

https://www.theenergymix.com/2022/04/13/quebec-becomes-worlds-first-jurisdiction-to-ban-oil-and-gas-exploration/



autofocus111 wrote: Quebec had a chance to develop an LNG export facility that would have sourced natgas from western Canada, but unfortunately it got shot down by the provincial and federal governments. Premier Legualt was actually for it but recognized that the opposition to it by indigenous groups and enviromentalists (as well as some locals) was going to make it virtually impossible to succeed. it's possible (although unlikely) that the Ukraine-Russia conflict may lead to a revivial of the project.

But Quebec did finally get the electricity export project to NY approved atter years of struggles, and that's for some damm clean energy!

Fact is anything energy-related is a tough slog, be it in Quebec or anywhere else in Canada. Let's see just how quickly nuclear SMRs get approved and built with NIMBY out in force. I'm guessing it'll be 2040 before a single reactor is running, if ever at all.

>>>Promoters of a stalled project to build a C$9 billion ($7.2 billion) terminal to export liquefied natural gas from Quebec in Canada are seeking to revive the plan by garnering support from Europe, which is scrambling to find alternatives to Russian supplies. GNL Quebec Inc’s Energie Saguenay project was rejected by both the federal and provincial authorities in recent months on environmental grounds. The company has since been contacted by numerous stakeholders inside Canada and Europe requesting help to solve the continent’s energy-security challenges, GNL Quebec said in an emailed response to Bloomberg questions.


https://www.bloomberg.com/news/articles/2022-04-08/quebec-lng-backers-seek-eu-boost-to-revive-rejected-project

>>>Hydro-Qubec's new power delivery project to New York State has reached a key milestone, with construction of the line on the U.S. side set to begin this summer, the utility said. Hydro-Qubec reported the New York Public Utilities Commission's approval Thursday of the contract between the Quebec-based utility and the New York State Energy Research and Development Authority (NYSERDA). The commissioners voted 5-2 to approve the contract, in what was "the final step before work begins in the United States," Hydro-Qubec said.

https://montreal.ctvnews.ca/new-york-state-approves-power-delivery-project-with-hydro-quebec-1.5863131




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