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Total sells 10 percent of Fort Hills project to Canada's Suncor
2015-09-21 18:41:19| Oil & Gas - Topix.net
French oil and gas company Total said on Monday that it has sold 10 percent of its planned 180,000 barrels-per-day capacity Fort Hills project to Suncor Energy for around $230 million. Total said it had decided to reduce its exposure to Canadian oil sands projects in the context of lower global oil prices.
Tags: total
project
percent
fort
Suncor CEO Williams blasts "stupidity" of pipeline politics in U.S., Canada
2015-09-10 07:11:20| Oil & Gas - Topix.net
Suncor Energy President/CEO Steve Williams rails against ongoing pipeline delays , blasting the "stupidity" of pipeline politics in the U.S. and Canada; he also hints that a deal could be in the works to buy distressed assets. Williams again is critical of Canada regulators for delaying the in-service date of Enbridge's Line 9 pipeline reversal between Ontario and Quebec; the CEO says Line 9 should begin service in the next 3-6 months, which would allow SU to ship its oil sands crude directly to its refinery in Montreal and boost the facility's utilization rate.
Tags: us
canada
williams
politics
Suncor Energy Inc. Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2014
2015-08-29 01:38:33| Oil & Gas - Topix.net
Fast Market Research recommends "Suncor Energy Inc. Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2014" from GlobalData, now available Suncor Energy Inc. is an integrated energy company. It mainly focuses on the development of Athabasca oil sands in Canada.
Tags: cost
analysis
production
energy
Suncor Energy trimming capital spending by a further $400 million
2015-07-30 05:29:08| Oil & Gas - Topix.net
Suncor Energy is trimming its spending plans for this year by a further $400 million, while at the same time boosting its production targets and dividend. The moves come as U.S. benchmark crude prices continue to languish below US$50 a barrel, dashing hopes in the oilpatch of a quick recovery.
Tags: capital
million
energy
spending
Suncor Energy To Test Bitumen Recovery Using RF Waves
2015-07-16 18:04:50| rfglobalnet News Articles
Suncor Energy, along with its partners in the project, has announced the first radio frequency pilot for oil recovery within an in situ reservoir. The technology, Enhanced Solvent Extraction Incorporating Electromagnetic Heating (ESEIEH, pronounced "easy"), uses radio frequency to heat the reservoir and adds a solvent which facilitates the movement of the bitumen to the surface.
Tags: test
energy
recovery
waves
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