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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 Jun 28, 2023 1:47pm
174 Views
Post# 35518916

RE:RE:keystone XL Saga Continue

RE:RE:keystone XL Saga ContinueWhile I genrally disagree with the Liberal government's energy transition push, the JT government was pro-KXL and there's no way they will oppose TRP's attempts to recover costs. This think tank is living in dreamland. 

>>>Prime Minister Justin Trudeau said today he will continue to press Canada's case for the Keystone XL pipeline project with the incoming Biden administration in the U.S., which is poised to rescind the presidential permit allowing cross-border construction tomorrow.."We've had a clear and consistent position supporting this project for years. Our government is making sure that Canada's views are heard and considered by the incoming administration at the highest levels," he told a news briefing today in front of his home at Rideau Cottage..   Trudeau spoke about the project this evening with Alberta Premier Jason Kenney, who has said he will seek legal damages if the project is scrapped. According to a summary of the call from the Prime Minister's Office, Trudeau told Kenney that both he and Hillman have made the case in favour of the pipeline to the incoming administration. The summary said Trudeau made clear that workers in Alberta would always have the support of the federal government. When asked by reporters if the federal government would support such legal action, Trudeau said he supports the project and he, along with Canadian officials in Washington, will continue to argue Canada's position.

https://www.cbc.ca/news/politics/trudeau-jan-19-1.5878718
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