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TransAlta and Suncor exchange power generating assets in Canada
2015-07-09 01:00:00| Power Technology
Canadian power generator TransAlta has signed an agreement with Suncor Energy to exchange its Kent Breeze wind power facility and 51% interest in its Wintering Hills wind power facility for gas turbine generators and heat recovery steam generators at
Tags: power
canada
exchange
assets
CEO of Suncor Energy says tougher action on climate change is needed
2015-05-22 21:37:35| Oil & Gas - Topix.net
Suncor Energy boss Steve Williams made the remarks at an event hosted by Canada's Ecofiscal Commission, a group focused on where environmental and economic policy meet. Williams says the best place to start is at the provincial level and he was encouraged by his talk with incoming Alberta premier Rachel Notley the day after the NDP's election victory earlier this month.
Tags: change
action
needed
energy
Suncor to target oil 'pockets' as energy sector deals with high costs
2015-05-19 18:01:37| Oil & Gas - Topix.net
Suncor Energy Inc. is overhauling its approach to tapping oil sands reserves as the industry grapples with high costs and new competition from U.S. shale oil. Calgary-based Suncor is set to apply this year for a steam-driven oil sands development called Meadow Creek East, reviving an 80,000 barrel-a-day project that has been dormant for years.
Oilsands giant Suncor Energy posts $341-million net loss in first quarter
2015-04-30 06:44:10| Oil & Gas - Topix.net
Suncor Energy Inc. , Canada's largest oilsands producer, posted a $341 million net loss during the first three months of 2015, when crude prices hovered around a meagre US$50 a barrel. During the same period a year earlier, the Calgary-based company turned a net profit of about $1.49 billion.
Crude rout drives Suncor earnings lower
2015-02-05 08:56:36| Oil & Gas - Topix.net
The steep drop in crude prices was evident in the fourth-quarter earnings of Suncor Energy Inc., Canada's biggest oil and gas company. The Calgary-based oilsands giant says its net earnings shrank to $84 million, down 81 per cent from the $443 million it posted a year earlier.
Tags: lower
drives
earnings
crude
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