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Wildfire evacuations prompt business closures, staff reductions in Fort McMurray

Greenpeace files regulatory complaint over Suncor's climate disclosures

The complaint alleges Suncor removed warnings that oil sands projects could potentially become stranded assets in a low-carbon emissions scenario from its 2023 climate report

Suncor should return to its oil production roots, focus on 'fundamentals' over energy transition, says CEO

Rich Kruger says the company’s new goal is to concentrate on profitability in move to refocus on its oil-sands assets

The oilpatch rebound is here: Suncor, Cenovus swing to profit amid higher oil prices, reopening economies

Article content Suncor Energy Inc. and Cenovus Energy Inc., two of Canada’s three largest oil companies, reported better-than-expected quarterly profits Thursday and announced they cumulatively spent close to $2 billion on a combination of share buybacks, dividends and debt repayment in the second quarter. We apologize, but this video has failed to load. Try refreshing your browser. The oilpatch rebound is here: Suncor, Cenovus swing to profit amid higher oil prices, reopening economies Back to video Both companies have enjoyed a dramatic turnaround in oil prices over the past year, as the West Texas Intermediate benchmark is up 78 per cent over the past 12 months. WTI rose 2 per cent Thursday, or US$1.17 per barrel, to US$73.56 per barrel.

Mark Little bets carbon capture technology is the ticket to Suncor's environmental salvation

Little says oilsands facilities are ideal candidates for carbon capture, utilization and storage (CCUS) investments