Tags » Suncor Energy

Gull Lake Winterfest Committe Thanks Event Sponors

The Gull Lake Winterfest Event will take place Saturday February 18, 2017 in Gull Lake. The annual event would not be possible without the support of sponsors and enthusiastic volunteers. 30 more words


Suncor Energy CEO thinks it's unlikely U.S. will impose border tax on Canada

CALGARY – The CEO of Suncor Energy said he thinks it’s unlikely that the United States will bring in a border adjustment tax as has been suggested by some Republican lawmakers. 165 more words


Oil cuts spur optimism in Canadian oilpatch after 2-year slump

A dramatic jump in oil prices linked to the promise of lower global production is fuelling hope that the Canadian oil sector may soon recover from a two-year economic slump. 532 more words


Suncor Energy avoids $1.3-billion tax bill sought by CRA

Suncor Energy says it has successfully defended its accounting practices and avoided a $1.3-billion tax bill sought by the Canada Revenue Agency.

The Calgary-based company said Monday that the Tax Court of Canada had ruled in its favour on a tax dispute stemming from how it accounted for losses in 2007. 115 more words


Suncor sees increased production, lower capital spending

Suncor Energy Inc. says production is expected to increase next year, but the company plans to reduce its capital spending.

The energy company says average production for 2017 is expected to be between 680,000 to 720,000 barrels of oil equivalent per day. 72 more words


Warren Buffett's Berkshire Hathaway sells its stake in Suncor Energy

CALGARY – Warren Buffett has sold the rest of his holdings in Suncor Energy Inc.

According to filings with the U.S. Securities and Exchange Commission, Buffett’s… 67 more words


Third quarter results from oil companies show growth from same time last year

There seems to be some good news coming from the province’s oil sector.

Husky Energy reported third quarter results showing $175 million in free cash flow and approximately $1.4 billion in net earnings, which is up dramatically from a deficit of $4 billion from the same time last year. 416 more words