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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 Jul 27, 2023 12:01pm
136 Views
Post# 35559699

RE:COAL

RE:COALThat is not a surprise.

While Western nations kneecap themselves, the rest of the world races ahead.

Just a few hundred kms north of me, China commissions TWO brand new thermal coal fired power plants PER WEEK to add to their insatiable and ever increasing energy demands.

Globally, energy demand is increasing, and we will need to get it from every kind of source possible in order to meet it.  Oil included.


wreckhouse wrote: Coal consumption increased by 3.3% to hit a fresh record high of 8.3 billion metric tons in 2022, the International Energy Agency said Thursday.
It can't be ! with all these EV out there , are the farmers using steam powered combines now ( LOL )  Oh it's for power generation for al these new EV ( WHAT A STICK SHOW ) . Suncor shutting down their coke fired power generating plant and building a Nat Gas fired power plant at base plant just to keep the Eco/libs happy .  Than ship their coke overseas and that's a big 10-4 . BCRNW


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