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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 mrbbon Feb 05, 2025 5:47am
82 Views
Post# 36437951

RE:RE:RE:RE:Why Canadian do not have refineries to supply Canadians

RE:RE:RE:RE:Why Canadian do not have refineries to supply Canadians

the subject of building more refineries is hard to understand for the general public as they want instant solution for a problem that had compouded for decade. You see, we have had lot of refineries in canada but due to environmental, and cost cutting reasons, most of them were shut down and mothballed. Year commissoned - capacity (I'm not sure if capacity are in bo/day or m3/day)

Refineries That Have Been Closed Down In Canada
» A Barrel Full Oil & Gas Wiki » Country Oil & Gas Profiles » Canada Oil and Gas Profile » Refineries That Have Been Closed Down In Canada

  1. 1970 Husky Oil Ltd. Moose Jaw, Saskatchewan 1954 560
  2. 1971 Gulf Oil Canada Ltd. Saskatoon, Saskatchewan 1933 1 180
  3. 1971 Gulf Oil Canada Ltd. Edmonton, Alberta 1951 2 000
  4. 1975 Imperial Oil Edmonton, Alberta 1948 6 000
  5. 1975 Imperial Oil Winnipeg, Manitoba 1951 3 400
  6. 1975 Imperial Oil Regina, Saskatchewan 1916 4 880
  7. 1975 Imperial Oil Calgary, Alberta 1923 3 370
  8. 1976 Petro-Canda Products Inc.* Come-By-Chance, Newfoundland 1973 15 900
  9. 1976 Northern Petro Div Cdn Propane Gas & Oil Kamsack, Saskatchewan 1936 1 670
  10. 1978 Texaco Canada Inc. Port Credit, Ontario 1938 1 200
  11. 1980 Gulf Canada Ltd. Point Tupper, Nova Scotia 1971 12 870
  12. 1982 Texaco Canada Inc. Montreal, Quebec 1927 11 840
  13. 1983 Petro-Canda Products Inc. Montreal, Quebec 1960 11 280
  14. 1983 Gulf Canada Ltd. Calgary, Alberta 1939 2 050
  15. 1983 Gulf Canada Ltd. Kamloops, British Columbia 1954 1 510
  16. 1983 Imperial Oil Ltd. Montreal, Quebec 1916 13 200
  17. 1983 Shell Canada Ltd. St. Boniface, Manitoba 1927 4 770
  18. 1983 Shell Canada Ltd. Oakville, Ontario 1963 7 000
  19. 1983 Ultramar Canada Inc. Holyrood, Newfoundland 1961 2 220
  20. 1984 Texaco Canada Inc. Edmonton, Alberta 1951 4 451
  21. 1986 Gulf Canada Ltd. ** Montreal, Quebec 1931 11 770
  22. 1991 Petro-Canada Products Taylor, British Columbia 1960 2 460
  23. 1992 Turbo Resources (Pay Less Holdings) Balzac, Alberta 1982 4 565
  24. 1993 Petro-Canada Port Moody, British Columbia* 1958 5 902
  25. 1993 Petro-Canada Mississauga, Ontario* 1943 6 600
  26. 1993 Shell Canada Ltd. N. Burnaby, British Columbia 1932 3 820
  27. 1994 Ultramar Canada Inc. Halifax, Nova Scotia 1963 3 498
  28. 1995 Imperial Oil Ltd. Port Moody, British Columbia 1915 7 000
  29. 1996 Imperial Oil Ltd. Norman Wells, Northwest Territories 1921 600
  30. Suncor Oakville Refinery
    • Petro-Canada Products
    • Oakville, Ontario
    • 13 200
    • Commissioned: 1958
    • Closed: 2005
  31. Shell Montreal Refinery
  32. Shell Canada Products
  33. Montreal, Quebec
  34. 20 000
  35. Commissioned: 1933
  36. Closed: 2010
  37. Parkland Refining Ltd.
  38. Bowden, Alberta
  39. 1 033
  40. Commissioned: 1960
  41. Closed: 2012
  42. Imperial Oil Ltd.
  43. Dartmouth, Nova Scotia
  44. 13 514 M3/day
  45. Commissioned: 1918
  46. Closed: 2013
  47. Bowden Refinery
  48. Dartmouth Refinery

* Commissioned:
* Closed:

Business has changed, canada is producing less and less light oil, we are net importer of light oil. A lot of people don't believe that canada import oil as well. Without going into long discussion, the decision made by oil companies to pipe expanding heavy oil production to the US is a correct one. Even with hindsight today, i would still choose to send heavy oil to the US for refining.  For the duration from proposal to completion of TMX, USA had built gizillion more miles of pipelines and several lng terminals.Back in 2012, canada was WAY WAY WAY ahead in LNG planning, desgin and signed development agreements with japan, china, south korea, malaysia but then came 2015, true dough, we dithers, and lost that lead.   USA, australia, qatar, indonesia, algeria, mozambique, etc just to name a few, all built many LNG export terminals while canada hasn't got 1 operational yet. Why are we even talking about buildng refinery???

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