Tuesday, December 24, 2024

Steve Williams News

Suncor sees 13% rise in fourth-quarter upstream output

(Photo: Suncor Energy)

Suncor Energy Inc said on Monday it expects total upstream production to rise by about 13 percent in the fourth quarter of 2018, helped by higher output from its majority-owned Syncrude oil project in northern

Suncor CEO to Retire Next Year

(Photo: Suncor Energy)

Suncor Energy Inc said on Wednesday its chief executive will retire mid-next year, with the company's chief operating officer taking over the top job at that time.Steve Williams…

Suncor Energy CEO Sees No Need for Oil Output Cuts

Suncor Energy Inc , Canada's second-largest energy producer, does not need to reduce crude output as some of its peers are doing to cope with low prices, Chief Executive Steve Williams said on Thursday.Suncor…

Suncor Holding Off On Crude Expansion Amid Canada Pipeline Confusion

© James / Adobe Stock

Suncor Energy Inc , one of Canada's biggest oil producers, will not sanction further expansions of crude production until it becomes clearer when new pipelines will be ready, Chief Executive Steve Williams said

Senate Panel Set to Advance Quest for Oil in Alaska Refuge

(Photo: USFWS)

Oil drilling in a vast Alaskan wildlife refuge could move a step closer to reality on Wednesday as a Senate panel votes to open part of the reserve coveted by conservationists.

Suncor to Grow Oil Sands as Oil Majors Flee

Even as the world's largest energy companies exit Canada's high-cost oil sands the country's top producer Suncor Energy is lining up its next phase of growth in the world's third largest crude reserves.

Suncor Evaluates Potential Oil-sand Deals as Majors Exit

Photo: Suncor Energy Inc.

Suncor Energy, Canada's largest energy producer, is still evaluating opportunities for oil sands acquisitions in northern Alberta as foreign oil majors exit the high-cost region…

Total No Longer Seeking Buyer for Texas Refinery Stake

Total SA has decided not to sell a 50 percent stake in its Port Arthur, Texas, refinery almost a year after it retained investment bank Lazard to advise on the deal, according…

Suncor to buy Canadian Oil Sands

Canadian oil and gas producer Suncor Energy Inc said on Monday it had reached an agreement to buy Canadian Oil Sands Ltd after raising its all-stock offer, valuing the deal…

Suncor extends bid for Canadian Oil Sands until Jan. 27

Suncor Energy Inc , Canada's largest oil producer, said on Friday it had extended its hostile bid for Canadian Oil Sands Ltd until Jan. 27. Suncor needs to secure at least…

Hurting Canadian Oil Producers Signal Further Cuts to Come

Canadian energy companies, especially those at higher cost oil sands producers, are signalling they will cut capital spending for a second straight year in 2016 as they…

Suncor Says Line 9 to Deliver Inland Crude to Montreal

Suncor Energy commenced linefill on Enbridge Inc's Line 9 pipeline earlier this month and the first inland crude volumes will reach the company's Montreal refinery by year-end…

Suncor: Syncrude Operating at 60 pct of Capacity in October

The Syncrude oil sands project in northern Alberta is experiencing challenges and has been operating at approximately 60 percent of capacity in October, Suncor Energy Chief…

Suncor Expects Imperial Oil to Run Syncrude Project

Suncor Energy chief executive Steve Williams said on Monday he expected Imperial Oil would continue to run the Syncrude joint venture oil sands project even if Suncor's…

Suncor to Soon Complete Planned Oil Sands Coker Inspections

Suncor Energy Inc said on Thursday it expects to complete annual inspections on two coker drums at the first of its two oil sands upgraders at its Fort McMurray, Alberta…

Suncor No Longer Shipping Crude by Rail to U.S. Gulf Coast

Suncor Energy is no longer shipping crude by rail to the U.S. Gulf Coast because it is not economic to do so at current prices, Chief Executive Steve Williams said on Thursday.

Oil Sands Producers Promise Steps to Cut Pollution

Photo: Canadian Oil Sands

Canada's largest oil sands producers on Tuesday pledged to make their crude less polluting than conventional oil by cutting water use and lowering energy consumption, as…

First Oil From North Sea Golden Eagle Project Expected Soon

The Golden Eagle project in the UK North Sea has moved ahead of schedule with first oil expected "any day now", Suncor Energy chief executive officer Steve Williams said…

Suncor Appoints Husky Energy's Cowan as CFO

Suncor Energy Inc , Canada's largest integrated oil and gas producer, said on Monday it has appointed Alister Cowan as its chief financial officer, ending a seven-month search.