Latest News Releases
CALGARY, ALBERTA--(Marketwired - Dec. 5, 2016) - Suncor today reports that the Tax Court of Canada has issued a favourable Order resolving the previously disclosed dispute with the Canada Revenue Agency (CRA). The dispute was in regards to the income tax treatment of realized losses in 2007 on the settlement of certain derivative contracts.[Read release]
CALGARY, ALBERTA--(Marketwired - Nov. 17, 2016) - Suncor released its 2017 corporate guidance today which includes a capital spending program of between $4.8 billion and $5.2 billion and average production of 680,000 to 720,000 barrels of oil equivalent per day (boe/d). The midpoints of these ranges represent a year over year increase to production of more than 13 per cent and a reduction to capital spending of approximately $1 billion even with a full year of increased Syncrude ownership.[Read release]
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2016) - Suncor today announced the appointment of Michael Creel to the company's board of directors. Mr. Creel's appointment is effective January 1, 2017.[Read release]
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