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
Tags » Suncor Energy
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
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
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
For at least two years, OPEC has engaged in a gruelling price war to claim market share and drive competitors from the market.
Low oil prices have inflicted deep pain on high-priced petroleum producers from Calgary to Caracas. 800 more words