Suncor Energy Mining News

Regulator to weigh on Suncor attempts to take over Canadian Oil Sands

Suncor steeped up its hostile Cdn$4.3bn bid for COS by asking the Alberta Securities Commission to strike down the target’s rights plan to prevent a takeover.

Enbridge warns Line 9 pipeline holdups to hurt 2015 earnings

The company, Canada’s largest pipeline operator, reported a loss in the third quarter driven by both delays in completing its Line 9 project and one-time charges.

Canadian Oil Sands asks shareholders to reject Suncor’s $3.3 billion hostile bid

The company said Suncor Energy’s hostile takeover offer was "undervalued, opportunistic and exploitive."

Suncor calls Canadian Oil Sands' poison pill 'inappropriate'

"Disappointed but not surprised"

Suncor tightens grip on Fort Hills oil sands project

The project is expected to boost output in northern Alberta by 180,000 barrels a day, with production set to begin by the fourth quarter of 2017.

$60 billion in oil sands projects frozen due to crude prices collapse — report

And oil prices keep falling — they have kicked off the week in the red, with U.S. prices trading below $48 a barrel.

Suncor Energy tests use of radio waves instead of water at oil sands

Instead of high-pressure steam, Canada's largest oil and gas producer wants to send radio waves down to heat the bitumen.

Enbridge to shed costs of oil sand pipelines by $320 million

The planned optimization include the Athabasca Twin and the Wood Buffalo extension projects.

Aecon wins $123M Fort Hills oilsands contract

Construction work to begin later this month.

Total E&P Canada shelves $11-billion oil sands mine

The decision means 150 jobs will be cut by the end of the year.

Suncor worker killed by bear, family issues statement

"We know the manner in which she died has led to a focus on her death, but we would like to share some insight into Lorna's life and her spirit."

Suncor Energy employee dies from severe injuries in oil sands

Suncor said it is working with the RCMP and Alberta Occupational Health and Safety to complete a full investigation into the incident.

Suncor can't randomly drug test employees, panel rules

Panel rules the program would be an unreasonable invasion of privacy.

Suncor Energy hikes dividend by 15%, reports record quarterly oil sands production

The energy giant also reduced its 2014 output targets due to halted operations in Libya.

Taxes hurt cash flow at Canadian Oil Sands

Lower sales, lower prices, lower production.

Worker dies at Suncor Energy oil sands site

Suncor and authorities are investigating.

Oil sands air monitoring agency running on emergency fund

The Wood Buffalo Environmental Association has barely enough to keep running until the end of January.

Oil sands junior spreads the word on Warren Buffett's love for the crude

Perhaps looking to take advantage of Buffett's loyal following, oil sands junior Strata Oil & Gas, released a statement on Thursday to spread the word about Buffett's Exxon buy.

Suncor to splash out on capital spending in 2014

Canada's oil giant Suncor Energy has allocated $7.8 billion for capital spending in 2014.

Canada’s Suncor Energy sells gas unit to Centrica, Qatar for Cdn$ 1bn

The deal is the latest step in Qatar Petroleum's response to the North American shale gas boom.

Canada’s energy giants shares soar on analyst bullish outlook

Suncor Energy and Canadian Natural Resources could be targets for activist investors, Barron said.

Oil sands giant Suncor loses temporary injunction against drug test

Canada’s oil sands giant Suncor Energy (TSX, NYSE:SU) has lost an appeal of a temporary injunction that halts the start of random drug and alcohol testing on its employees.

Suncor to delay joint venture oil sands projects

Billions of dollars in joint venture projects with partner Total E&P Canada will be delayed, said Suncor Energy’s new chief executive Steve Williams on Wednesday, as both companies are analyzing alternatives to improve their profitability.

Rick George hands over reins of oilsands pioneer Suncor

If Rick George was company builder at oilsands pioneer Suncor Energy Inc., Steve Williams has been the operator and is now executor of a growth plan put into place long before the official handing over of Suncor's reins Tuesday.