Suncor Energy’s Strategic Shift, Enhancing Efficiency in Oil Sands Operations
In a strategic pivot, Suncor Energy, Canada’s second-largest oil producer, prioritizes operational efficiency and cost reduction in its oil sand mining business. The company, led by CEO Rich Kruger, acknowledges the imperative of addressing long-standing underperformance and safety concerns.
Canada’s climate plan charts hard road ahead for high-polluting oil sands
Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff challenge: not only is its economy dependent on oil production, but the Canadian oil industry’s carbon emissions are among the world’s highest for every barrel of oil it pumps.
