Suncor Energy Inc. news

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Suncor bonds solid despite dividend hike
Suncor Energy Inc.'s dividend hike and ongoing share buyback program won't negatively impact the company's best-in-class bonds, says Matthew Kolodzie, credit analyst at RBC Capital Markets.
Majority of oil sands ownership and profits are foreign, says analysis
OTTAWA - More than two-thirds of all oil sands production in Canada is owned by foreign entities, sending a majority of the industry's profits out of the country, says a new analysis released Thursday by a British Columbia-based conservation group.
Retiring Suncor CEO: I'm an oil patch guy
The Rick George era in the Alberta oil patch began in 1991 when a Colorado-born energy executive arrived to help rescue woebegone Suncor. The company's most intriguing asset was a costly oil sands venture at a time when crude prices were mired near a ...
Australian recruitment war hits Canada's energy, mining sectors
Yet with major Canadian firms such as Suncor Energy Inc. and Imperial Oil Ltd. planning to nearly double domestic production over the next decade, Canada hardly has extra workers to spare.
Alberta sues oil sands firms over royalties
Syncrude and Suncor Energy Inc. are Canada's two oldest oil sands projects. In their infancy, the government supported the mines in order to spur the multibillion-dollar industry.
Canada is world's biggest oil loser by buying high, selling low
Companies such as Bankers Petroleum Ltd., which earn money from oil produced outside Canada, may outperform domestic drillers such as Imperial Oil Ltd.
Meet CP Rail's new board
Raisbeck, who joined CP's board in 2009, is retired vice-chairman of Cargill Inc., an agricultural, trading and food processing giant.
Alberta sues oil sands firms for $100M in royalty dispute
1, Imperial Oil Resources, Nexen Oil Sands Partnership, Mocal Energy Ltd., Murphy Oil Company Ltd., Suncor Energy Oil and Gas Partnership, Sinopec Oil Sands Partnership and Syncrude Canada Ltd.
Canada's falling knives
They are also reducing their resource exposure, holding more cash when possible and focusing on core companies that have staying power such as Suncor Energy Inc. (SU/TSX) and Teck Resources Ltd. (TCK/ TSX). “The value of these companies, in our ...
End of era in Alberta as Ron Southern winds down role as Atco chairman
He joins other Alberta builders who passed on the baton in the past few months, including Rick George, the former CEO of oil sands pioneer Suncor Energy Inc., Al Markin, the former co-chairman of Canadian Natural Resources Ltd., and Pat Daniel, who is ...