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Suncor Energy to acquire 5% stake in Syncrude Canada for $743m

2016-04-28 01:00:00| Hydrocarbons Technology

Oil and gas producer Suncor Energy has agreed to acquire a further 5% stake in Syncrude Canada from Murphy Oil's subsidiary, for approximately C$937m ($743m).

Tags: canada energy acquire stake

 

Shareholders press Suncor on climate policy risk, lobbying activity

2016-03-16 23:33:38| Oil & Gas - Topix.net

Shareholders are pushing Canada's dominant oilsands player to provide more detail on two sticky topics: its plans to thrive under tougher climate policy and its political lobbying. Separate shareholder proposals have been filed ahead of Suncor Energy's annual general meeting next month - with one greeted much more warmly than the other by the company.

Tags: policy press activity risk

 
 

Canadian Oil Sands overhauls management ahead of Suncor takeover

2016-02-08 20:44:59| Oil & Gas - Topix.net

Canadian Oil Sands Ltd. , on the brink of being taken over by Suncor Energy , has overhauled its senior leadership team and board of directors. Ryan Kubik, who was CEO during the months-long takeover fight, and Donald Lowry, who was board chairman during that time, are no longer on the roster.

Tags: management oil ahead canadian

 

Suncor Energy acquires nearly 73 per cent of Canadian Oil Sands shares

2016-02-06 08:10:06| Oil & Gas - Topix.net

Suncor Energy has announced that nearly 73 per cent of Canadian Oil Sands shares and accompanying rights have been tendered to Suncor's offer. Suncor officials said that as a result, the company will be able to ensure that a subsequent acquisition transaction will be completed and Suncor will acquire the remainder of the outstanding COS shares.

Tags: energy oil canadian cent

 

Meeting with Trudeau encouraging, but no assurances on pipelines: Suncor CEO

2016-02-05 03:10:54| Oil & Gas - Topix.net

The head of Suncor Energy says a meeting between major players in Canada's oilpatch and Prime Minister Justin Trudeau was encouraging but there were no assurances on pipelines. Trudeau, federal Natural Resources Minister Jim Carr and Alberta Premier Rachel Notley took part in a one-hour roundtable with oil and natural gas producers in Calgary on Thursday.

Tags: meeting ceo encouraging assurances

 

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