Recent events
Recent events tied to this brand in public sources.
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2022
Suncor names Peter Zebedee executive vice president
Suncor Energy named Peter Zebedee its new executive vice president of mining and upgrading, effective April 11.
2021
Suncor and Indigenous partners announce plans to acquire TC Energy’s pipeline stake
Suncor and the Tahsipiy (Three Rivers) group of eight Indigenous communities announced plans to acquire TC Energy’s 15% share in the Northern Courier Pipeline. The purchase would be completed by Astisiy LP.
2021
TC Energy agrees to sell remaining Northern Courier Pipeline stake
TC Energy signed an agreement to sell its remaining 15% stake in the Northern Courier Pipeline to a partnership including Suncor Energy and eight Indigenous communities. The sale was expected to close in the fourth quarter, subject to customary conditions and required regulatory approvals.
2021
Suncor cuts Fort Hills production guidance
Suncor cut its full-year production guidance for its Fort Hills oil sands mine to 45,000–55,000 barrels a day from 65,000–85,000 barrels a day, citing additional required work on the mine.
2021
Suncor fined over hydrogen sulphide release
A provincial court fined Suncor Energy $100,000 for the unauthorized release of hydrogen sulphide gas at its Edmonton Refinery on July 18, 2018. Suncor pleaded guilty to one count of breaching Alberta environmental law.
2021
Suncor prices US and Canadian notes offerings
Suncor announced that it had priced an offering of US$750 million of senior unsecured notes and CAD$500 million of senior unsecured medium-term notes. The offerings were expected to close on March 4, 2021, subject to customary closing conditions.
2020
Suncor fined over 2018 refinery emissions incident
Suncor Energy was fined $475,000 after being convicted of violating Ontario's Environmental Protection Act in connection with a March 2018 incident at its Sarnia refinery. The court also ordered a victim fine surcharge and a payment to the First Nation for environmental purposes.
2020
Suncor lowers 2020 production guidance
Suncor lowered its 2020 production guidance. It estimated full-year corporate production at a midpoint of 695,000 barrels of oil equivalent per day, down 65,000 boe/d from its revised March guidance.
2020
Mitsui and Suncor commit US$85 million to LanzaJet
Mitsui and Suncor committed US$85 million to support LanzaJet’s first pilot and development-scale facilities.
2020
Suncor cuts 2020 capital spending budget
Suncor cut its 2020 capital spending budget by $1.5 billion, or 26 per cent, to a range of $3.9 billion to $4.5 billion, and put several projects on hold amid lower oil prices and demand.