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Suncor Energy reports second quarter 2021 results

Suncor Energy reports second quarter 2021 results July 28, 2021 19:20 ET | Source: Suncor Energy Inc. Suncor Energy Inc. French Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company s Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (funds from operations, operating earnings (loss) and free funds flow) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations

Suncor Energy and Terra Nova co-owners reach Agreement in

Canada: Suncor Energy and Terra Nova co-owners reach Agreement in Principle on Terra Nova

Canada: Suncor Energy and Terra Nova co-owners reach Agreement in Principle on Terra Nova
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Newfoundland and Labrador s Noia discourages abandoning offshore Terra Nova Project

Newfoundland and Labrador’s Noia discourages abandoning offshore Terra Nova Project 5/3/2021 Suncor Energy on Friday issued Expressions of Interest (EOI) related to the Terra Nova Floating, Production Storage and Offloading (FPSO) vessel located on the Terra Nova offshore field. Two EOIs prepare for decommissioning of the FPSO and the field and another provides an update to a previous EOI preparing for remediation of the FPSO to support the asset life extension project. Noia is deeply concerned about the potential to decommission and abandon the Terra Nova Project. Terra Nova vessel “Noia members and our Board of Directors are deeply concerned for the future of the Terra Nova Project and the far-reaching impacts decommissioning and abandonment would have upon our industry, the people who work in it, and our province,” Noia CEO Charlene Johnson said. “The Terra Nova Project employs about 900 people directly and thousands more w

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