Suncor Energy is Canada’s premier integrated energy company. Suncor’s operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor’s common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
We operate five businesses:
Oil Sands, located near Fort McMurray, Alberta, produces bitumen recovered from oil sands through mining and in-situ technology and upgrades it into refinery feedstock, diesel fuel and by-products. The company has a 12% ownership interest in the Syncrude oil sands mining and upgrading joint venture, also located near Fort McMurray, Alberta.
Natural Gas, located primarily in Western Canada, explores for, acquires, develops and produces natural gas, natural gas liquids and crude oil. The sale of natural gas production offsets Suncor’s purchases for internal consumption at our North American operations. Suncor is currently divesting certain non-core assets as we focus the strategy of this business.
East Coast Canada, comprised of oil development activity offshore of Newfoundland and Labrador. The company has a strong position in every major oil development off Canada’s east coast, including Hibernia, White Rose, Terra Nova and Hebron.
International, which includes activities in key core areas such as the North Sea (including the United Kingdom, the Netherlands and Norway sectors), Libya, Syria, and offshore Trinidad and Tobago. Suncor is currently divesting certain non-core assets as we focus the strategy of this business.
Refining and Marketing, includes refineries located in Alberta, Quebec, Ontario and Colorado, which produce and market the company’s refined products to retail, commercial and industrial customers. Refining and Marketing also owns and operates a lubricants business in Ontario, which manufactures, blends and markets high quality products world-wide, interests in pipelines and terminals, and a network of retail service stations across Canada and the state of Colorado.
In addition, we engage in third-party energy marketing and trading activities, and have investments in renewable energy opportunities, including Canada’s largest ethanol plant by volume and partnerships in four wind power projects.
Learn about: