Suncor Energy Totally Explained

Everything about Suncor totally explained

Suncor Energy Inc. is Canada's original oil sands developer, having produced the first barrel of crude oil from the Athabasca oil sands in northern Alberta in 1967. Suncor is the world's second largest producer of oil sands crude (after Syncrude Canada Ltd.) and is the only company to currently use both mining and in-situ resource technologies. A fully integrated company, Suncor upgrades the oil from the oil sands to the level of conventional crude at its upstream facilities and then ships the crude to the company's refineries in Sarnia, Ontario and Commerce City, Colorado for conversion into transportation fuels and other petroleum products. Suncor also has natural gas operations in Alberta and British Columbia, which help supply the energy needs of the company's oil sands and refining operations. Suncor ranks number 254 on the Forbes Global 2000 list (2008 edition

).
Suncor markets products and services to retail customers in Ontario through a network of more than 280 Sunoco-branded retail sites, as well as more than 200 customer-operated retail and diesel sites. Suncor also markets through a retail network of Phillips 66-branded outlets throughout Colorado.

History

Suncor was founded in 1917 in Montreal as Sun Company of Canada, a subsidiary of Sun Oil. Sun mergerd its Canadian interests, including Great Canadian Oil Sands, the original developer of Canada's Athabasca oil sands to form Suncor in the 1970s. In 1981, the Government of Ontario purchased a 25% stake in Suncor before divesting in 1993. In the mid 1990's Sun Oil, now Sunoco, Inc. also divested its interest in Suncor, although Suncor maintains the Sunoco retail brand in Canada. Suncor is now an independent, widely-held company.
Suncor Energy Inc., an integrated energy company, based in Calgary, Alberta. Retail arm Suncor Energy Products Incorporated is headquartered in Toronto, Ontario. Suncor Energy (U.S.A.) Inc. is headquartered in Greenwood Village, Colorado. Suncor Energy (U.S.A.) Pipeline Company is located in Cheyenne, Wyoming.

Products

Products of Suncor are sold in service stations in Ontario and Colorado (via Phillips 66):

Ultra 94, Gold Diesel fuels
ecoWash car wash
Suncor MasterCard

Facilities

Canada

Oil sands mining and in-situ operations in the Athabasca oil sands region near Fort McMurray, Alberta. These facilities recover bitumen, a very heavy form of crude oil, from the oil sands.

Four wind power projects, two in Alberta, one in Saskatchewan and one in Ontario. Together, these wind power projects have a generating capacity of 147 megawatts and are expected to offset the equivalent of approximately 266,000 tonnes of carbon dioxide annually.

Upgrading operations that process bitumen into higher-quality synthetic crude oil. In 2007, Suncor had a processing capacity of more than 260,000 barrels of crude oil per day.

272 Sunoco retail service stations in Ontario

140 Pioneer-operated retail service stations in Ontario

Sarnia Refinery

St. Clair Ethanol Plant

60 UPI-operated service stations in rural Ontario

Sunoco FleetFuels sites in southern Ontario

United States

Commerce City, Colorado refinery

Grand Junction CO Products Terminal

43 retail stations branded as Phillips 66 in the United States

Corporate Governance

Board of Directors

John Ferguson, Chairman

Mel E. Benson, Chair, Environment, Health and Safety Committee

Brian Canfield, Chair, Audit Committee

Bryan Davies, Chair, Human Resources and Compensation Committee

Brian Felesky

W. Douglas Ford

Richard L. George, President and Chief Executive Officer

John Huff, Chair, Board Policy, Strategy Review and Governance Committee

M. Ann McCaig

Mike O'Brien

Eira Thomas

Management Team

Rick George, President and Chief Executive Officer

Steve Williams, Chief Operating Officer

Kirk Bailey, Executive Vice President, Oil Sands
Dave Byler, Executive Vice President, Natural Gas and Renewable Energy
Tom Ryley, Executive Vice President, Refining and Marketing
Gord Lambert, Vice President, Sustainable Development

Mike Ashar, Executive Vice President, Strategic Growth and Energy Trading

Ken Alley, Senior Vice President and Chief Financial Officer

Terry Hopwood, Senior Vice President and General Counsel

Sue Lee, Senior Vice President, Human Resources and Communications

Kevin Nabholz, Executive Vice President, Major Projects

Jay Thornton, Senior Vice President, Business Integration

2008 Operator of the year award recipient

Jamie Macintosh - (flare commissioning expert) Prior recipients

2007 - Barthotomous M. Whalen

2006 - Dwayne Jober

2005 - Chris Emberley

2004 - Tom Erickson Honourable mentions

Tony McCarthy (specializing in Linguistics)

Taj Tajvar (record-setting ladder climb Operators challenge '08)

Alan Scott Hannaford (fugitive emissions consultant)

Environmental Record

Suncor Energy is drilling up the oil sands of Alberta, Canada. Alberta has the second largest oil reserve in the world after Saudi Arabia. However, acquiring oil from oil sands requires a lot of energy. It takes 600 million cubic feet of natural gas just to create the oil sands, which is enough to keep 3 million Canadians warm. Getting oil from oil sands causes three times more pollution per barrel, compared to capturing oil traditionally. The University of Ottawa did some research and found that if Suncor Energy had to pay for the pollution they were causing in Alberta, their profits would decrease by 27% per barrel. In 2003, Alberta was the most polluted area of Canada, and Suncor Energy was the 2nd largest polluter in Alberta. The oil capturing is also causing water shortage concerns because of the amount of water being used to acquire the oil. To make the oil sands, the forests are being leveled, which has a big effect on the ecosystem. Alberta’s tar sand mines are also in the United Nations’ Environment Program list of the 100 most environmentally harmful areas. According to pollution watch fact sheet, in 2004, Suncor Energy had the fourth most greenhouse gas emitting facility in Canada, and it was the 7th most greenhouse gas emitting company in Canada.

Community Involvement & Awards

In 2007, Suncor Energy was named one of Canada's Top 100 Employers, as published in Maclean's magazine, the largest oilsands development firm to receive this honour.

Further Information

Get more info on 'Suncor'.

External Link Exchanges

Do you know how hard it is to get a link from a large encyclopaedia? Well we're different and will prove it. To get a link from us just add the following HTML to your site on a relevant page:

<a href="http://suncor_energy.totallyexplained.com">Suncor Energy Totally Explained</a>

Then simply click through this link from your web page. Our crawlers will verify your link, extract the title of your web page and instantly add a link back to it. If you like you can remove the words Totally Explained and embed the link in article text.
As long as your link remains in place, we'll keep our link to you right here. Please play fair - our crawlers are watching. Your site must be closely related to this one's topic. Any kind of spamming, dubious practises or removing the link will result in your link from us being dropped and, potentially, your whole site being banned.