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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 Experiencedon Jun 26, 2023 8:11am
173 Views
Post# 35514153

RE:Oy Vey.....Poor Suncor!!!

RE:Oy Vey.....Poor Suncor!!!Was wondering when something was going to happen.

The Communications Security Agency warned last Wednesday that the it was highly likely that the Canadian oil and gas industry would be targeted by Russian hackers due to Canada's support for Ukraine.

Probable targets would be to disrupt operations and create bottlenecks in infrastructure including pipelines. Since it appears that SU was hit, there is good chance that others are/will be hit as well.

Given the CSA report, it is unlikely that client data is the prime target.

Experts have warning about infrastructure vulnerabilities like this for several years and it appears that many companies have not headed these warnings.
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