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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 mrbbon Jul 09, 2022 6:06pm
243 Views
Post# 34813216

RE:RE:Russia seizes Sakhalin 2 stakes

RE:RE:Russia seizes Sakhalin 2 stakes

So we are not?  It least putin returning the loot back to their people and russia. Why trudy want to give seized russian asset to his friends Zelensky?

Canada wants to use seized Russian assets to help Ukraine victims | Russia-Ukraine war News | Al Jazeera

What Happens to Seized Russian Assets? New Bill Gives Them to Ukraine (marketrealist.com)

Experienced wrote: Interesting video

On the one hand what he says about the implications for Russia make sense.

That said, Western capitalists have a long history of investing in places where there is risk that they could have their assets confiscated by a totalitarian Government.  I suspect that Putin is well aware of this and in pursuit of the Almighty Dollar, Western companies will come back to invest in future Russian oil and gas mega projects.

In the short run though, I can see Migraine licking his chops......lol 

 

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