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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 autofocus111on Sep 02, 2022 7:37pm
183 Views
Post# 34939550

RE:More pain for Europe

RE:More pain for EuropePile on the pain.

>>>Bloomberg) -- Russia’s Gazprom PJSC said its key gas pipeline to Europe won’t reopen as planned, moving the region a step closer to blackouts, rationing and a severe recession.The pipeline was due to reopen on Saturday after maintenance. But in a last-minute move, the company said a technical issue had been found and the pipe can’t operate again until it’s fixed....Gazprom said a leak of oil was detected at a gas turbine that helps pump gas into the link, and there’s no indication how long fixing it may take. Similar oil leaks were previously detected at some other turbines, which are out of action now, and “complete elimination of oil leakage on these turbines is possible only in the conditions of a specialized repair company,” Gazprom said....Gazprom said Siemens -- which makes the turbines -- had confirmed the leak and needed to make repairs away from the site.

https://finance.yahoo.com/news/gazprom-says-nord-stream-stay-164244424.html
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