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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 Mar 31, 2023 3:48pm
143 Views
Post# 35372629

RE:Iimpending Chineses VI B emission rules begin July 1, 2023

RE:Iimpending Chineses VI B emission rules begin July 1, 2023Perhaps Suncor should follow the transition in China and switch from producing oil to mining coal in order to power up all these Chinese EVs. 

So strange they make so much emphasis on controlling pollution, yet they are racing ahead with an unprecidented number of new thermal coal plants. 

The coal power capacity starting construction in China is six times as large as that in all of the rest of the world combined. There is an energy shortfall, and they will need ALL forms of energy going forward.

https://energyandcleanair.org/publication/china-permits-two-new-coal-power-plants-per-week-in-2022/#:~:text=Of%20the%20projects%20permitted%20in,from%2040%20GW%20in%202021.

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