Related Articles
Forward article link
Share PDF with colleagues

Suncor's long-term value

Suncor is Canada's oil sands champion. It celebrates its hundredth anniversary this year

Suncor Energy's history and that of Canada's oil sands are virtually inseparable. Yet, as the company marks its 100th anniversary, it is redefining the pioneering spirit that transformed a former US underling into a world-class major producer. Suncor's origins trace to 1917 when it was a subsidiary of Pennsylvania's Sun Oil (now Sunoco) originally formed to supply lubricating oils and kerosene for Canada's military in the First World War. Over the ensuing decades, it marketed refined products brought in by rail from Sun refineries in the US. That all changed in 1930 when it opened its first Sunoco-branded retail stations in Toronto, Montreal and Quebec City. When the next war came, the com

Also in this section
Lukoil caught in the crossfire
6 September 2017
An investor favourite thanks to its Western-style management and handsome dividends, Lukoil could feel the fallout from a dispute between other major players
PdV’s cash concerns
15 August 2017
The Venezuelan company's plunging revenues show it is still struggling with lower prices and falling output
Venezuela living on the edge
2 August 2017
Venezuela's national oil company is under pressure from low prices, plummeting output and several self-inflicted wounds