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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 Oct 14, 2023 4:12pm
121 Views
Post# 35683894

RE:RE:RE:RE:RE:RE:RE:IAA/Bil C-69 Ruling versus Base Mine Extension Application

RE:RE:RE:RE:RE:RE:RE:IAA/Bil C-69 Ruling versus Base Mine Extension ApplicationYou can watch the actions unfold at this link. I fully expect SU to continue work on the project.

https://iaac-aeic.gc.ca/050/evaluations/proj/80521

>>>Notice of Determination on Time Limit Extension Request Ottawa – April 6, 2022 – On April 6, 2022, the Impact Assessment Agency of Canada (the Agency) granted an extension to the three-year time limit for Suncor Energy Inc. (the Proponent) to provide the required information or studies described in the Final Tailored Impact Statement Guidelines, and any subsequent modifications, for the impact assessment of the Suncor Base Mine Extension Project. The Agency has taken this action further to a written request from the Proponent that the time limit be extended by 9 months. The Agency made this determination taking into account the Proponent's request to ensure it has sufficient time to align the Project with its strategy to be a net-zero company, to assess Project improvements and technology and feedback received from Indigenous communities and stakeholders, as well as to review government initiatives such as the 2030 Emissions Reduction Plan. The new deadline for the Proponent to provide the required information or studies described in the Final Tailored Impact Statement Guidelines, and any subsequent modifications, is February 25, 2025.


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