Suncor's long-term value
Suncor is Canada's oil sands champion. It celebrates its hundredth anniversary this year
Suncor Energy's history and that of Canada's oil sands are virtually inseparable. Yet, as the company marks its 100th anniversary, it is redefining the pioneering spirit that transformed a former US underling into a world-class major producer. Suncor's origins trace to 1917 when it was a subsidiary of Pennsylvania's Sun Oil (now Sunoco) originally formed to supply lubricating oils and kerosene for Canada's military in the First World War. Over the ensuing decades, it marketed refined products brought in by rail from Sun refineries in the US. That all changed in 1930 when it opened its first Sunoco-branded retail stations in Toronto, Montreal and Quebec City. When the next war came, the compa
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
