Canadian Mining Journal

Suncor Energy Inc

  • News

    OILSANDS: Suncor speeds digital transformation with Microsoft alliance

    November 12, 2019 by Canadian Mining Journal

    ALBERTA – Suncor Energy of Calgary has announced a multi-year strategic alliance with Microsoft Canada as the energy company accelerates its digital transformation. Microsoft will be Suncor’s cloud provider, allowing the company to tap into the full range of Microsoft’s

  • News

    MINING PEOPLE: American Creek, Bestech, Centerra, Great Panther, Integra, Solaris, and Suncor

    November 7, 2019 by Canadian Mining Journal

    Ken Konkin is the new VP project development for American Creek Resources of Cardston, Alta. He was the company’s exploration manager for the Treaty Creek joint venture, and he will now lead the team moving that project forward. Bestech has

  • News

    OILSANDS: Suncor Q3 results fall off

    October 31, 2019 by Canadian Mining Journal

    CALGARY – The waning fortunes of the petroleum industry are reflected in Suncor Energy’s Q3 2019 results. The company generated $2.7 billion from operations, down 17% from $3.1 billion during the same quarter in the previous year. Cash flow provided

  • OILSANDS: Suncor adopts cogeneration at Base plant to cut carbon footprint

    September 10, 2019 by Canadian Mining Journal

    ALBERTA – Calgary’s Suncor Energy has committed $1.4 billion to adopt low carbon cogeneration of power at its Base plant near Fort McMurray. Greenhouse gas emissions associated with steam production at the plant will be reduced by approximately 25%. The

  • News

    ELECTRIC CARS: Petro-Canada to build first coast-to-coast network of fast EV chargers

    February 13, 2019 by Canadian Mining Journal

    CALGARY – Petro-Canada is building a network of electric vehicle (EV) fast charging stations across the country. More than 50 EV stations will be located along the Trans-Canada highway from Nova Scotia to British Columbia. Construction is set to begin

  • News

    OILSANDS: Suncor reports Q4 record 740,800 bbl/d

    February 6, 2019 by Canadian Mining Journal

    CALGARY – Suncor Energy published its fourth quarter numbers that included an oilsands record – 740,800 bbl/d – thanks in part to its interests in the Fort Hills (53%) and Syncrude (100%) operations in northern Alberta. Funds from all operations

  • News

    AWARDS: Four miners among Canada’s top 100 employers

    November 12, 2018 by Canadian Mining Journal

    TORONTO – Canada’s Top 100 Employers project announced its 2019 winners on Nov. 9, including four of this country’s top miners. Congratulations to K+S Potash Canada, Rio Tinto, Suncor and Teck Resources. The winners were selected by the project’s editors

  • News

    OILSANDS: Suncor posts record quarterly operating income of $1.3B

    November 1, 2018 by Canadian Mining Journal

    CALGARY – Suncor Energy has posted a record $3.14 billion ($1.94 per share) for Q3 2018. Cash flow provided by operating activities was $4.37 billion ($2.70 per share) including changes in non-cash working capital. Operating earnings were $1.56 billion ($0.96

  • News

    MINING PEOPLE: AngloGold, Copper Mountain, and Suncor

    July 26, 2018 by Canadian Mining Journal

    Kelvin Dushnisky will become the CEO and an executive director of AngloGold Ashanti in Johannesburg, South Africa, on Sept. 1, 2018. He is currently president of Toronto-based Barrick Gold. Vancouver-based Copper Mountain Mining Corp. has made two appointments recently. Lance

  • News

    OILSANDS: Syncrude recovers after power outage

    July 9, 2018 by Canadian Mining Journal

    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

  • News

    OIL SANDS: Suncor moves up Syncrude maintenance, cuts Q1 output

    March 14, 2018 by Canadian Mining Journal

    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

  • OIL SANDS: Suncor buys out Mocal share of Syncrude

    February 27, 2018 by Canadian Mining Journal

    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