May 11, 2018

Chile’s Caserones copper mine a pain in the neck for Japanese owners

The mine, behind schedule ever since it began producing in May 2014, has been affected by a series of technical problems in its ramp-up phase, costing its owners hefty impairment…

March 14, 2018

Suncor output to suffer from early start of Syncrude maintenance

Eight-week maintenance project at Syncrude that had been scheduled to start in April will start Thursday.

February 12, 2018

Suncor Energy hikes stake in Syncrude in $730 million deal

Canada's largest energy producer also buys into Norwegian Sea oil project.

August 3, 2017

Chile’s Caserones copper mine close to reach full capacity after weather forced 3-week shutdown

The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.

April 20, 2017

Production at Syncrude’s Mildred Lake oil sands to fully resume in June

Pipeline shipments would restart at approximately 50% of capacity in early May.

March 27, 2017

Production at Syncrude’s Mildred Lake oil sands to fully resume in April

Suncor Energy, the largest partner in Syncrude, said it expects to meet its 2017 production targets despite a fire that shut down the Mildred Lake upgrader almost two weeks ago.

November 17, 2016

Suncor Energy sees higher output, lower spending in 2017

Canada’s largest oil and gas company expects production to rise by more than 13% next year and spending to fall by more than $1 billion.

February 8, 2016

Canadian Oil Sands overhauls leadership and board ahead of Suncor takeover

The company has named Sandy Martin as its new chief executive officer.

February 4, 2016

Suncor cuts spending by 10% after posting $2bn loss on writedowns

The Canadian oil giant lowered capital spending plan to between $6bn and $6.5bn from a November estimate of $6.7bn to $7.3bn.

February 3, 2016

Chile’s court confirms 2nd highest fine in history for Caserones mine

The copper mine, property of Japan's top smelter JX Nippon Mining & Metals, will have to pay $10.8 million for breaching environmental rules.