Suncor was founded in 1919 in Montreal as Sun Company of Canada, a subsidiary of Sun Oil (now Sunoco). ⇒⇒⇒WRITE-MY-PAPER.net ⇐⇐⇐ I highly recommend it :). About Us. © 2020 PitchBook Data. In 2000 Suncor unveiled Project Firebag, which envisioned an increase in output to as much as 450,000 barrels per day in 2008. A database on corporate misconduct from the Corporate Research Project of Good Jobs First. Petro-Canada is a retail and wholesale marketing brand subsidiary of Suncor Energy.

Things progressed slowly until 1963, when Sun placed a major bet on a still largely unproven method of oil extraction by investing some $250 million in GCOS. Learn more. After originally selling lubricating oil and kerosene, Sun began to open Sunoco-branded service stations in major Canadian cities and later added exploration and refining operations. For years Suncor has been a target of environmental activists seeking to highlight the enormous role that the company’s oil sands operations play in exacerbating the climate crisis. TSX:SU $15.830-0.390. You don't need to be an expert to do critical corporate research. For instance, in 1994 the company was fined C$100,000 for a pipeline leak that spilled 7,600 barrels of diesel fuel and naphtha into the House River. Coral Canyon HD, LLC (SITLA) 5. You might get some help from ⇒ www.WritePaper.info ⇐ Success and best regards! Introduction Suncor Energy is a Canadian integrated energy company based in Calgary, Alberta. However, they were unable to proceed with these plans during their brief time in power.

The province of Alberta had substantial oil reserves, whose extraction had long been controlled by American corporations. Production at Canada’s largest petroleum company is dominated by the highly controversial process of extracting crude oil from the tar sands of northern Alberta. All these facilities are currently run by Suncor. In June 2010, CIBC announced its intent to acquire Citibank's Canadian MasterCard portfolio, including the co-branded Petro-Canada cards.[16]. [citation needed], In 2006, Petro-Canada launched a pre-paid wireless carrier known as Petro-Canada Mobility. * Over the same period, Suncor's total return on investment has returned 5173%, versus the S&P 500 total shareholder return of 373%. It quickly grew to become one of the largest players in the traditional oil fields of the west as well as in the oil sands and the East coast offshore oil fields. In 2008 there was a scandal over reports that a leak of nearly 1 million liters of waste water from a Suncor containment pond into the Athabasca River went unreported for up to eight months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n March 23, 2009, Suncor Energy announced its intent to acquire Petro-Canada, which would form a company with a combined market capitalization of C$43.3 billion.

This move created additional potential targets for environmental groups, which continued to protest Suncor’s commitment to oil sands. [citation needed], Petro Points is the chain's loyalty program. Petro-Canada previously offered a co-branded Petro Points MasterCard in partnership with Citibank Canada. NYSE:SU $12.000-0.280. It is a mobile virtual network operator (MVNO) on the Rogers Wireless network. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads.



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