Tags » Suncor Energy

Ewart: Suncor doubles down on oilsands with hostile bid for Canadian Oil Sands

In the wake of an unsolicited takeover bid from Suncor Energy, Canadian Oil Sands could use a white knight.

What it could use is a company like its former self — Canadian Oil Sands Trust — which came to the rescue of Canada Southern Petroleum back in 2006 by trumping a hostile takeover attempt by Petro-Canada. 734 more words


Suncor launches $4.3 billion takeover bid for Canadian Oil Sands

CALGARY — Suncor Energy is looking to add another big chunk to its vast oilsands holdings – and take advantage of a prolonged rout in crude prices – with an unsolicited takeover bid for… 243 more words


Suncor increases stake in Fort Hills

CALGARY – Suncor Energy (TSX:SU) is tightening its grip on the Fort Hills oilsands project by paying $310 million to take an additional 10 per cent stake off one of its partners hands. 402 more words


Suncor Energy trimming capital spending by a further $400 million

WATCH ABOVE: With oil prices sitting at less than US$50 a barrel, there’s some bad news from two of Alberta’s biggest energy players. Cenovus Energy and Suncor Energy are both announcing job cuts. 320 more words


'No one knows' where oil prices are headed as Imperial, Suncor report earnings

Above watch: Some industry analysts are saying things will get worse before they get better in the oil field. Gary Bobrovitz reports.

CALGARY- The top executives of two major oilsands producers say they’re looking past swings in crude prices and focusing instead on what’s within their control. 546 more words


Timeline: Tracking the layoffs in Alberta's oilpatch

CALGARY –  With oil prices remaining below $50 a barrel and predictions they could fall even further, the Canadian Association of Petroleum Producers (CAPP) estimates the energy industry downturn has led to 35,000 layoffs in Alberta’s oilpatch so far this year. 1,104 more words


Calgary oil workers suffer as Talisman, ConocoPhillips announce job cuts

Watch: Gary Bobrovitz reports on Wednesday’s layoffs in the oil industry.

CALGARY – It’s been a rough week for many in the oilpatch.

Talisman Energy Inc. 626 more words