ALBERTA – Suncor Energy of Calgary is making plans to restart Syncrude production after a site wide power disruption on June 20. The preliminary investigation indicated the cause was a transformer trip in the Syncrude power house. The outage resulted…
ALBERTA – Suncor Energy of Calgary has moved its planned maintenance at Syncrude near Fort McMurray to March 15 rather than the previously scheduled April start. The change will permit the company to address an unrelated issue that it says…
CALGARY – Suncor Energy has arranged to buy out Mocal Energy’s 5% interest in Syncrude for $925 million. Syncrude mines oil sands near Fort McMurray, Alta. After this transaction, Suncor’s share of Syncrude will increase to 58.74%. Other partners in…
ALBERTA – Suncor Energy of Calgary is increasing its interest in the Syncrude oil sands joint venture to 58.74% from 53.74%. The company has agreed to pay $920 million for the 5% interest held by Mocal Energy. Subject to customary…
FORT McMURRAY, Alta. – Syncrude is undergoing an executive change at the end of this year with the retirement of Syncrude president and CEO Mark Ward. Doreen Cole will replace him as managing director, effective Dec. 11, 2017. Cole brings…
TORONTO: The Canadian Mining Hall of Fame has released the list of 2017 Inductees. This exemplary group of mining experts, innovators and pioneers provides an outstanding class of Inductees. Canadians are global leaders in the industry and these five Inductees reflect…
Analysts say lost oilsands production from the Fort McMurray wildfire could top 30 million barrels and cost the industry upwards of $1.4-billion. Some of the largest oilsands producers in the province were forced to shut down or curtail operations last…
ALBERTA – On May 23 Suncor said the remobilization of workers to its oil sands mines and plants has begun. Operations were disrupted by devastating forest fires that struck the Fort McMurray area earlier in the month. The Regional Emergency…
The weather has eased the huge firestorms that swept through Fort McMurray, AB, but the disaster is far from over. Almost 90,000 residents of the town and surrounding areas were evacuated last week as wildfires raced through the region. The…
ALBERTA – Suncor Energy of Calgary has announced its intention to buy out Murphy Oil Corp’s 5% interest in Syncrude for $937 million. Added to its original interest plus the acquisition of Canadian Oil Sands, Suncor will control 54% of…
The following item comes from the January 2016 issue of Syncrude’s eNews. The Aurora hydrotransport system has come a long way since it began operations in 2000 thanks to the success of the ‘super pumps.’ “It’s been a progression,” says…
ALBERTA – Following the drowning of 1,600 birds in the Aurora settling basin last year, Syncrude has made changes t…