Suncor Energy Inc T.SU

ESG attack on COP for buying Surmont

[autofocus111]

No mercy.

>>>(Bloomberg) -- ConocoPhillips has been put on divestment watch by some of Europe’s biggest pension funds, after using proceeds from a recent debt financing to expand its business in oil sands. The Houston-based oil company obtained full control of the Surmont field in Alberta, Canada, this year, paid for with funds from three US dollar bond sales worth $2.7 billion. Aegon NV of the Netherlands, which oversees more than $300 billion, says ConocoPhillips might now be in breach of its tar sands policy and may be added to its exclusion list later this year. KLP, Norway’s biggest pension fund with about $90 billion in assets, says it’s also monitoring the oil producer after the Surmont deal.

https://www.bnnbloomberg.ca/conoco-deal-triggers-divestment-alert-from-pension-investors-1.1962618

[ztransforms173]

- COP is ALL WET about what these clownish funds THINK ABOUT THEIR PRODUCTION PORTFOLIO - ConocoPhillips is an extremely well-managed and profitable petroleum company who have one of the SMARTEST MANAGEMENT in the entire O&G industry - they have recently MOVED HEAVILY into LNG production and trading which is a LOT LESS CO2 INTENSIVE than in-situ SAGD oilsands recovery - ConocoPhillips

[autofocus111]

Watch out for the censors man. You'll get banned again Eigen (that was your former ID right?) 

[oilandgasmick]

He has numerous handles on numerous threads. When they get banned (a few of them) he comes out with 6 or 7 new ones. This nonsense of numerous handles (from one person) is laughable. The various split personalities "like"one another and create hundreds or even thousands of likes despite the fact that the posts are pure garbage. How could you get hundreds of "likes" out of this

[ztransforms173]

oilandgasmick - (8/23/2023 6:20:36 PM)   RE:RE:RE:ESG attack on COP for buying Surmont   He has numerous handles on numerous threads. When they get banned (a few of them) he comes out with 6 or 7 new ones. - I DON'T know who you are TALKING ABOUT but it SURELY AIN'T ME - I only responded since you wrote this under my LEAD HEADER z173

[meritmat]

  Conoco responds ..I..

[mrbb]

hypocrite, Norway drill and produces 1.83 million bo/day, to peak in 2024 ~2 million bo/day, from offshore, way more ecological sensitive than oil sand located in barren boreal forest  

[ztransforms173]

- DON'T FORGET that the Surmont bitumen reservoir is 300 to 500 METERS UNDERGROUND and the ONLY LAND FOOTPRINT DISTURBANCES are the ROADS, WELLS, PIPELINES and STEAM/WATER/OIL facilities ABOVE GROUND - on the MEG Energy and Cenovus Energy Chistina Lake properties, there are PLENTY of BIG GAME animal life ROAMING around and they spend LOTS OF MONEY to PLANT TREES and BOOST the biological