Suncor Energy is a Canadian integrated energy company that develops and markets petroleum resources, with a core focus on the Athabasca oil sands. It conducts oil sands development and upgrading, offshore and onshore exploration and production, and refining and marketing of crude oil and refined products. The company markets crude oil, natural gas, byproducts, refined products, and power, and participates in trading activities. It markets Petro-Canada branded products in Canada and operates a network of retail and wholesale channels. Suncor maintains wind farms in Ontario and Western Canada and pursues investments in power and renewable fuels to support a transition to lower-emission energy. Its international footprint includes offshore assets in the North Sea and onshore assets in Libya and Syria, alongside refining and marketing operations in Canada and the United States. Founded in 1917 and headquartered in Calgary, Suncor aims to balance asset quality with growth prospects.
Syncrude Canada Ltd. is a prominent operator in the Canadian oil sands industry, specializing in the production of crude oil from oil sands. Established in 1964 and based in Fort McMurray, the company has a 50-year history marked by responsible operations and continuous innovation. As a subsidiary of Suncor Energy Inc. since June 2016, Syncrude engages in research, exploration, and mining of oil, specifically low sulfur crude oil. The company is committed to enhancing environmental and economic performance through the development of advanced technologies in its operations.
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