[16], In 2015 Suncor courted Canadian Oil Sands, the largest owner of the Syncrude project with 37% ownership (compared with Suncor's 12%), with proposals for acquisition and hostile takeover. Most of Suncor Energy's fundamental indicators, such as Number of Employees, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. The Joslyn project was sold to CNRL in September 2018. Suncor previously operated and franchised retail locations under the Sunoco brand, but post-acquisition, all remaining Sunoco stations were converted to Petro-Canada. The lawsuit was unique as it was one of the first to be based on these effects on a landlocked area, as opposed to those citing Sea level rise as a factor. [27][28] While Suncor has reduced the greenhouse gas emissions intensity of its oil sands operations by more than 50% since 1990, total greenhouse gas emissions from the company's operations have increased because of growing oil sands production. [34][35] In April 2018, Suncor and ExxonMobil were sued by the city and county of Boulder, and the county of San Miguel over allegations that they were responsible for climate change in the state. [7] In 2005, Suncor acquired a second Commerce City refinery from Valero Energy. In December 2009, as a condition of the merger, Suncor sold 98 gas stations in Ontario to Husky Energy, consisting of 68 Sunoco-branded locations and 30 Petro-Canada-branded locations. Suncor took advantage of these two divestitures to become an independent, widely held public company. [3]:22, Suncor is the world's largest producer of bitumen, and owns and operates an oil sands upgrading plant near Fort McMurray, Alberta, Canada. [10], On March 23, 2009, Suncor announced its intent to acquire Petro-Canada. It was the first commercial development on the Athabasca oil sands, although small, earlier projects like that at Bitumount also played a role in development. These wind farms provided 147 megawatts of power, providing an annual CO2 offset of 284,000 tonnes compared to coal-generated electricity. [32] Suncor was also cited for "failure to conduct equipment inspections, train employees, and fully develop standard procedures for operating equipment". Suncor operates an ethanol facility in St. Clair Township, Ontario. For the Australian financial company, see, Natural Sciences and Engineering Research Council, History of the petroleum industry in Canada (oil sands and heavy oil), History of the petroleum industry in Canada, List of articles about Canadian oil sands, "Suncor Energy on the Forbes Global 2000 List", "3 Things You Didn't Know About Suncor Energy Inc", "Suncor adds two new brands to their Colorado roster", "Suncor Energy launches $4.3 billion hostile bid for Canadian Oil Sands", "Suncor reaches deal to buy Canadian Oil Sands with sweetened offer", "Suncor snags majority control of Syncrude with $937M Murphy Oil deal", "Canadian Natural Resources Limited Announces Acquisition of 100% Working Interest in the Joslyn Oil Sands Project", "Gas retailers sue Suncor over Petro-Can merger", "Suncor gas-price fixing reaps $500K fine", "Suncor eliminates in-house aviation department, WestJet picks up contract", http://www.pollutionwatch.org/pressroom/factSheetData/GHGFactSheetEng.pdf, "Suncor fined $850,000 for environmental violations", "Ninety charges against Suncor surface a year later", "Suncor fined $2.2 million for leaking cancer-causing chemical", "Suncor refinery in Commerce City will pay fine for air quality violations", "Suncor refinery employees tested for benzene contamination", "Suncor spill clean-up at Sand Creek is months, years away", "Colorado counties sue Exxon, Suncor over climate change", Suncor makes bid to take over Petro-Canada, International Association of Oil & Gas Producers, https://en.wikipedia.org/w/index.php?title=Suncor_Energy&oldid=972694932, Companies listed on the New York Stock Exchange, Companies listed on the Toronto Stock Exchange, Non-renewable resource companies established in 1919, Articles with unsourced statements from November 2013, All articles with vague or ambiguous time, Vague or ambiguous time from November 2013, Creative Commons Attribution-ShareAlike License, This page was last edited on 13 August 2020, at 11:19. The company's 135,000-barrel-per-day Strathcona, refinery runs entirely on oil sands-based feedstocks and produces a high-yield of light oils. Suncor Energy, Inc. is an integrated energy company, which develops petroleum resource basins. Box 2844, 150 - 6 Avenue S.W. In April 2012, a fine of $2.2 million was assessed for air pollution. [30][31], In the United States, Suncor has also been fined by the Colorado Department of Public Health and Environment. Your browser will redirect to your requested content shortly. [8] Suncor moved its retail brand from Phillips 66 to Shell from 2009 to 2013. [37], By 2009, Suncor was working to reduce the amount of bitumen entering tailings ponds. [9] Suncor added the Exxon and Mobil brands in Colorado and Wyoming in 2015. [4], Until 2010, Suncor marketed products and services to retail customers in Ontario through a downstream network of 280 company-owned, and 200 customer-operated retail and Diesel fuel sites, primarily in Ontario under the Sunoco brand (owing to Suncor having originally been established as a subsidiary of Sunoco). +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])-[])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(+!![])+(+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!! The top 10 competitors in Suncor Energy's competitive set are Enbridge, Imperial, Canadian Natural, TC Energy, BP, Cenovus, Pembina, Husky Energy, ConocoPhillips, Encana. Suncor ranks number 134 in the Forbes Global 2000 list. Please enable Cookies and reload the page. In addition, the company terminated all of its independent Sunoco franchises, as it planned to implement Petro-Canada's model of requiring franchisees to operate multiple locations. [33] Additionally, a benzene leak into Sand Creek was discovered in the fall of 2011. []))), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!! In 2009, under the auspices of the Natural Sciences and Engineering Research Council of Canada (NSERC), Suncor teamed with the University of Alberta and Matrikon, an Edmonton-based software company, to develop separation-cell technology to potentially reduce the amount of bitumen entering tailings ponds by 50 per cent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algary, Alberta Canada T2P 3E3 T: 403-296-8000 F: 403-296-3030 [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]-(!![]))+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![])+(+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!! [20] The company also produces conventional oil, heavy crude oil, and natural gas. Interactive chart of Suncor Energy (SU) annual worldwide employee count from 2006 to 2020.
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