In December 2011 an accident at Suncor’s refinery in Commerce City, Colorado resulted in the seepage of hazardous waste into Sand Creek and the South Platte River. Personalize which data points you want to see and create visualizations instantly. In 2010 Environment Canada ordered Suncor to pay C$200,000 after it pleaded guilty to two violations of the Canadian Fisheries Act in connection with a 2008 incident in which wastewater overflowed from a containment pond into the Steepbank River in Alberta. It reduced its annual operating costs by $300 million and it went from a staff of close to 11,000 to only about 5,000 employees.

[10][11] As a condition of the purchase, Suncor was required to divest some of its retail outlets. In 1973, world oil prices quadrupled due to the Arab oil embargo following the Yom Kippur War.

* Over the same period, Suncor's total return on investment has returned 5173%, versus the S&P 500 total shareholder return of 373%. In 1998 Greenpeace staged a 36-hour occupation of the Queensland construction site of the project, and then carried out other protests after the facility had been completed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alk of developing the Athabasca oil sands began in the 1940s, and by the early 1950s Sun was taking concrete actions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n January 2019, Petro-Canada installed electric vehicle charging stations at one of their gas stations in Milton, Ontario, making it the company's first EV chargers. Most of these stores are in the GTA. The company retained the Suncor Energy name for the merged corporation and its upstream operations. About Us. At the same time, Suncor was fined C$675,000 for failing to install pollution control equipment at its Firebag oil sands facility. ⇒⇒⇒ ⇐⇐⇐ I highly recommend it :).

Looks like you’ve clipped this slide to already. In 2003 Suncor established a U.S. presence with the purchase of a suburban Denver oil refinery and 43 Colorado service stations from ConocoPhillips; two years later it purchased an adjacent refinery owned by Valero Energy. Petro-Canada had a lubricants plant in Mississauga, Ontario, but Suncor sold the unit to HollyFrontier in late 2016.[13].

At the time it was the largest single private investment in Canada. Clipping is a handy way to collect important slides you want to go back to later. After acquiring Petro-Canada in 2009, Suncor said it would keep its oil sands operations and downsize its natural gas assets. Petro-Canada is a retail and wholesale marketing brand subsidiary of Suncor Energy. However, they were unable to proceed with these plans during their brief time in power. Suncor has also been responsible for a series of toxic releases both in Alberta and at its refineries in Ontario and Colorado. Tempe-based SunCor Development's board of directors signed a resolution Friday authorizing the voluntary bankruptcy filing, which includes 17 SunCor subsidiaries. In the late 1990s Suncor found itself under attack by environmental groups in Australia after the company joined an oil shale joint venture in that country. Learn more.

Petro-Canada is a retail and wholesale marketing brand subsidiary of Suncor Energy.Until 1991, it was a crown corporation of Canada (a state-owned enterprise.In August 2009, Petro-Canada merged with Suncor Energy, with Suncor shareholders receiving approximately 60 percent ownership of the combined company and Petro-Canada shareholders receiving approximately 40 percent. SunCor has the following subsidiaries and other related entities: 1. Since Suncor became publicly traded in 1992, daily oil sands production has increased by 600%. [citation needed] Its first president was Maurice Strong. Introduction Suncor Energy is a Canadian integrated energy company based in Calgary, Alberta. As of 2013, many of these Neighbours stores have had their kitchens' afternoon and dinner hours drastically slashed and some have been permanently closed and are being rebranded to A&W. Around 220 Petro-Canada outlets include a "SuperWash" car wash; the majority of these operations use soft touch systems, but some (particularly those that were formerly Sunoco stations) feature touchless equipment instead.

In August 2009, Petro-Canada merged with Suncor Energy, with Suncor shareholders receiving approximately 60 percent ownership of the combined company and Petro-Canada shareholders receiving approximately 40 percent.

The merged company became Canada’s largest energy producer. As of 2008, Petro-Canada was Canada's 11th largest company and the second-largest downstream company, with important interests in such projects as Hibernia, Terra Nova, and White Rose; its gas stations remained a presence in most Canadian cities. The government of Prime Minister Pierre Trudeau and the opposition New Democratic Party felt that these corporations geared most of their production to the American market, and as a result little of the benefit of rising oil prices went to Canadians. But many did not work in other oil companies and some left Alberta to find work elsewhere. [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![]))/+((!+[]+(!![])+!![]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!! Trudeau's Liberals were then in a minority government and dependent upon the support of the NDP to stay in power. (The case was dropped in 2006.). [citation needed] The newly private company significantly reduced the number of properties in which it had a direct interest. If u need a hand in making your writing assignments - visit ⇒ ⇐ for more detailed information. In April 2012 the Colorado Department of Public Health and Environment announced that Suncor would pay $2.2 million in negotiated fines in connection with the airborne benzene releases at the Commerce City refinery unrelated to the accident four months earlier. In 1976, Petro-Canada purchased Atlantic Richfield Canada, in 1978 Pacific Petroleums, and in 1981 the Canadian operations of Petrofina. Suncor has invested billions of dollars in the name of making North America more energy independent but has used methods that generate large quantities of the greenhouse gases responsible for global warming. These plans were routinely approved by the government of Alberta, which in 2002 was cited by a federal judge for failing to live up to its responsibilities under the Canadian Environmental Assessment Act. Club West Golf Course, LLC : 4. Scribd will begin operating the SlideShare business on December 1, 2020 Suncor’s environmental issues are not limited to greenhouse gas emissions. [citation needed], Petro Points is the chain's loyalty program. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. In April 2012  Canada’s Competition Bureau announced that a Suncor subsidiary had pleaded guilty to fixing the price of retail gasoline and had been ordered to pay a fine of C$500,000. In October 2012, the Canada-Newfoundland and Labrador Offshore Petroleum Board announced that Suncor had admitted to regulatory violations in connection with a spill of lubricating fluid at its drilling platform in the Jeanne d’Arc basin the year before; the company was ordered to pay C$130,000 in penalties. Note: This page draws from a corporate profile originally prepared by the author for the Crocodyl website in October 2009. [15] The kitchen provided freshly made sandwiches as well as breakfast and burgers heated from frozen, and in most cases was open from early morning till 9 or 10 in the evening. With the establishment of Petro-Canada, the federal government transferred its 45% stake in Panarctic Oils Ltd. and its 12% stake in Syncrude to the newly established company.

Suncor had its origins in the decision by Sun Oil Company (Sunoco) to establish a Canadian subsidiary in 1917. +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(+!! In 1979 GCOS was merged with Sun’s other Canadian operations to form Suncor Inc. Two years later, a 25-percent stake in the company was sold to the Province of Ontario. For example, in 2008 the company was fined a total of C$250,000 for two 2006 incidents in which workers at the company’s Ontario oil refinery were exposed to hydrofluoric acid and hydrogen sulfide. In 2009 there was a bigger scandal over reports that a Suncor contractor, Compass Group Canada, had failed to properly treat human waste from a company work camp before dumping sewage into the same river. Production at Canada’s largest petroleum company is dominated by the highly controversial process of extracting crude oil from the tar sands of northern Alberta. In 1998, after it changed its name to Suncor Energy and began trading on the New York Stock Exchange, the company announced Project Millennium, a C$1.6 billion plan to more than double capacity at Fort McMurray to 225,000 barrels per day by 2002. Search the database here.