Suncor Energy Inc. news

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Suncor pulls back on growth ambitions
Suncor Energy Inc. is abandoning its bold growth target of pumping a million barrels a day by 2020, after its new chief executive officer announced �rigorous scrutiny� on the cost of three projects, the Joslyn and Fort Hills oil sands mines and the ...
Suncor focusing on project costs under new CEO  National Post
Suncor coy about the future of Fort Hills, Joslyn and Voyageur projects  Alberta Oil Magazine
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Waiting for the energy sector to rebound
The $780-million fund's top holdings include Suncor Energy Inc. (17.8%), Canadian Natural Resources Ltd. (11.4%) and Cenovus Energy Inc. (9.7%), and has stakes in many of the other big industry names as well.
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Suncor, Cenovus Work Around Crude Oil Discount
Integrated producers such as Suncor Energy Inc. (SU) and Cenovus Energy Inc. (CVE) are countering the slump in Canadian crude prices by cutting costs, shipping by rail and maxing out capacity at refineries.
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Harper keeps cards close on CNOOC
Companies like Talisman Energy Inc., Athabasca Oil Corp., and MEG Energy Corp. are tempting targets whose acquisition could would have a higher likelihood of getting through the political minefield in Ottawa, while an acquisition of a larger producer ...
Chinese bid for Nexen 'politically unthinkable' five years ago: Rubin  TheTyee.ca (blog)
Nexen deal could mark open season on Canada's energy producers  Financial Post (blog)
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Governments pledge better oil sands monitoring
Not far from here, French energy giant Total SA has begun the work of clearing the way for its Joslyn oil sands mine. A little farther away, the boreal forest gives way to a series of mines - owned by Suncor Energy Inc., Royal Dutch Shell PLC, Syncrude ...
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Crescent Point's Saxberg: Canada's obscure oil baron
Scott Saxberg still gets his morning caffeine fix from a Starbucks in the lobby of the Suncor Tower where the head offices of Crescent Point Energy Corp. are based, just as he might have done 11 years earlier. Except back then the company he had just ...
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Cyclical dividend stocks: More than tempting treats
A recent pop in oil prices suggests there's some potential for dividend growers in the energy sector like Suncor Energy, which has actually stepped up its dividend growth rate during the difficult past five years. Where energy stocks have cut ...
Beware the value trap: Oil stocks are not as cheap as they look
There is a high correlation between oil prices and a portfolio of oil company stocks. Historically, when oil prices rise, so do oil stocks.
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Soaring costs sting Barrick
Cost overruns are plaguing resource companies as prices for everything from steel, concrete, energy and equipment soar along with labour costs - especially in Chile and Argentina.
Barrick Gold shifts focus to investor returns  Financial Post
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BP plans a return to the oil patch
Still, BP's oil sands ambitions come amidst numerous headwinds: Royal Dutch Shell plc has called north-eastern Alberta the most expensive place in the world to develop, and Suncor Energy Inc. said this week it was taking a hard look at new projects ...