bitumen

Fort McKay First nation and Suncor explore partnerships

Fort McKay First nation and Suncor explore partnerships

Mar 8, 2024 | 5:37am
Fort McKay First Nation and Suncor Energy are partnering to explore potential oil sands projects on the First Nation. On March 7th, the energy giant and the First Nation inked a memorandum of understanding (MOU) to collaborate on a potential oil sands project located within the reserve lands of the Fort McKay First Nation. The […]
Suncor complete TotalEnergies’ deal worth $1.4B

Suncor complete TotalEnergies’ deal worth $1.4B

Oct 5, 2023 | 5:01am
Suncor is purchasing French Energy giant, TotalEnergies EP Canada Ltd. (Total) Canadian operations. The $1.468 billion acquisition means Suncor takes over Total’s 31.23 per cent working interest in the Fort Hills oil sands mining project (Fort Hills) and adds 61,000 barrels per day of net bitumen production capacity along with 75 million barrels of proved […]