Lawsuits targeting fossil fuel companies over climate damage have increased, with allegations ranging from violations of state laws to demands for reparations and criminal charges. Indigenous communities worldwide have achieved victories in halting oil and […]
Suncor Energy Inc. reached a deal with activist investor Elliott Investment Management LP to appoint three new directors to the Canadian oil sands company’s board and review its retail business for a possible sale. The […]
Hedge fund Elliott Administration has launched an activist marketing campaign towards Suncor Power, certainly one of Canada’s greatest oil producers, calling for an overhaul of firm management in a guess on the way forward for […]
In addition to driving shareholder returns through its core business, Suncor will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. “While Suncor […]
Canadian oil giant Suncor Energy is assessing the ‘market interest’ for its stake in the Rosebank oil field, in the UK North Sea, reported Bloomberg. The firm owns a stake of 40% in the Equinor-operated Rosebank […]
Energy News Beat Publishers Note (ENB): We talked about this on our international podcast addition released yesterday. (Reuters) – Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff […]
Canada’s oil sands production hit a record high in November, according to the latest regulatory data, and will likely continue to rise as producers ramp up output following the end of provincial government production curtailments […]
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