Suncor Energy (NYSE:SU) Inc. is a Canadian integrated energy company headquartered in Calgary, Alberta. The company’s core operations focus on the development and production of synthetic crude from the Athabasca oil sands, combining mining, extraction and in-situ processing techniques. In addition to its upstream oil sands assets, Suncor operates conventional oil and natural gas wells and holds interests in offshore projects in the North Sea.
Downstream activities include a network of refineries located in Alberta, Ontario and Quebec, where bitumen-derived feedstocks and conventional crude are processed into gasoline, diesel, jet fuel and petrochemical feedstocks. Suncor also markets and distributes petroleum products under the Petro-Canada brand in Canada and through wholesale channels in the United States, supplying retail stations, commercial customers and industrial users.
Beyond traditional oil and gas, Suncor has invested in renewable energy and low-carbon solutions. The company holds wind power assets in Ontario and Québec and is developing biofuels capacity through ethanol production facilities. Suncor has also pursued research into carbon capture and storage technologies to reduce greenhouse gas emissions from its operations.
Tracing its roots to the Great Canadian Oil Sands project of the early 1970s, Suncor was officially incorporated in 1979 and expanded significantly through its 2009 merger with Petro-Canada, which brought an extensive refining and retail network under its umbrella. Today, the company serves customers across Canada, the United States and international markets, leveraging a diversified portfolio of upstream, midstream and downstream activities.
