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
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
