Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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

Suncor Energy Inc > Canada’s SU looks to cut high oil sands mine operating costs

<< Previous

Bullboard Posts

Next >>

Comment by mrbbon Feb 22, 2024 8:12pm

84 Views

Post# 35894727

RE:RE:Canada’s SU looks to cut high oil sands mine operating costs

the 2024 KOMATSU 980E-5 has electric drive but powered by diesel, IMO, the correct way to take advantage of electric drive without the downside of battery. IE it's a hybrid without battery (or very little amount of battery) It should save on maintenance cost and 3-5% in fuel cost compared to 100% diesel version. Emission from diesel is lower too in this type of application. I can see all big mining machine going this way.There are growing number of shops entering this business to retrofit existing diesel semi to this type of set up.

ztransforms173 wrote: - ORDERED 55 NEW 400 TON Komatsu 980 Electric Trucks at $ 10 million EACH

- that is a CAPEX of $ 550 million RIGHT THERE

z173