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 ...
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.
Alberta sues oil sands firms for $100M in royalty dispute  National Post
Australian recruitment war hits Canada's energy, mining sectors
More than 2,000 people attended the expo in Calgary and Edmonton last year, and 300 ended up accepting positions with Australian companies.
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.
Suncor spill clean-up at Sand Creek near Denver is months, years away
Six months after Suncor Energy's oil refinery contaminated Sand Creek and nearby property, obstacles remain in containing the pollution, and a full cleanup may be years away.
Why Canada needs a flood of immigrants
Orville Giesbrecht, co-owner of Harvest Insurance, says his business has expanded to 21 employees from seven, because all the new arrivals need to insure their homes and cars - and he has made a point of catering to them by hiring employees who speak ...
Gasoline suppliers overcomplying with ethanol content rules
“We do comply with the federal and provincial renewable fuels regulations,” he said. Suncor Energy said it meets all federal and provincial standards.
Imperial weighs sale, conversion of Dartmouth refinery
Enbridge Inc. is already planning to reverse the flow of a key pipeline in Ontario to bring Western oil to Imperial's refinery at Nanticoke.