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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 ztransforms173on Oct 05, 2023 10:51pm
169 Views
Post# 35672456

RE:XOM AVOIDS Green Quicksand & GURGLES Shale Light Sweet

RE:XOM AVOIDS Green Quicksand & GURGLES Shale Light Sweet

Exxon Mobil Closing In on Megadeal With Shale Driller Pioneer

Deal could be sealed in coming days, though it is still possible there won’t be one

The acquisition would give Exxon a dominant position in the oil-rich Permian Basin of West Texas and New Mexico. Photo: Bridget Bennett/Bloomberg News

Exxon Mobil is closing in on a deal to buy Pioneer Natural Resources, a blockbuster takeover that could be worth roughly $60 billion and reshape the U.S. oil industry.

https://www.wsj.com/business/deals/exxon-mobil-closing-in-on-megadeal-with-shale-driller-pioneer-31b4092e

- behind paywall

z173

 

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