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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 Sep 05, 2022 6:08am
251 Views
Post# 34941694

RE:RE:RE:Nuttal

RE:RE:RE:Nuttal

many thinks the liberal gov't is anti oil which true but their prime motive is to neuter western growing power derived from oil/gas and agriculture.  Trudeau just signed a deal to supply germany with hydrogen by 2025, not LNG but likely hydrogen produced from east coast using windpower. Those oil/gas companies throwing money into blue hydrogen development to meet their self declared net zero emission target will be risking shareholder value if they later find out they can't export the hydrogen due to pipeline construction delay and ESG standard changed to favor green hydrogen. 

Canada is not doing well because of the bad west

marketsense wrote: I've been beating the LNG drum for several years now but there is nothing anyone
can say or do when you have a duly elected PM clinging to power with his climate
change and anti fossil fuel narrative buddies,  the NDP.  They are tone deaf to the 
opportunities and want to steer Canada to renewables despite virtually every country
except Canada who signed the Paris Accord having to back away from their
committments.   We are the shining Beacon on the Hill but soon to be the Fool on
the Hill as we hurtle down the road to impoverishment.  The only way to salvage 
anything out of this diastrous policy is to vote these people out as quickly as it can
be done and start to reverse some of the damage before its too late.  




 

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