Suncor Energy To Sell Non-Core Rosevear and Pine Creek Assets

Calgary, Alberta-based Suncor Energy has reached an agreement to sell certain natural gas properties for about $235 million (Canadian dollars), with an effective date of Jan. 1, 2010. The current production on these lands is approximately 20.5 mmcf/d of gas and 540 barrels per day of liquids. The sale includes properties known as Rosevear and

Suncor Plans More Layoffs

Calgary-based Suncor Energy has plans to lay off an another 1,000 workers this year as it continues to digest the assets of Petro-Canada it gained in a $20-billion merger last fall, the Calgary Herald reported The decision was announced at an investor’s conference in New York last Tuesday. The new round of layoffs would bring

Neighbours to the North

Since receiving CSD’s Chain OF THE YEAR award in 2002, Petro-Canada has seen multiple changes. The most significant has been the merger between Suncor Energy Inc. and Petro-Canada, which was finalized in August of this year. While the company operates under the Suncor Energy name, it maintains the trusted Petro-Canada brand for its refined products

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