Reporting by Nia Williams; Editing by James Dalgleish. CALGARY — Suncor says the fire was contained quickly, extinguished several hours later and no one was hurt. SNL cold open spoofs final U.S. presidential debate between Trump, Biden, This beetle’s exterior is so strong it can get run over by a car and still survive, Canadian embassy staff warned to stay silent on ‘Havana Syndrome’, Coronavirus: Halton Region restaurants fear Ontario will stop indoor dining, Work at Suncor’s Fort McMurray base plant affected until September due to fire, Suncor CEO signals caution about restarting oil output as economy recovers, Environmental charges laid against Suncor for 2018 refinery incident. Fire broke out at the Suncor facility in Fort McMurray on Aug. 14, 2020. Suncor said it will use the time to bring on incremental emulsion handling and steam infrastructure to increase nameplate capacity by 12,000 bpd to 215,000 bpd, with the facility returning to normal operation by early November. The U2 upgrader has capacity of 240,000 barrels per day.

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Suncor has awarded a six-month contract to DF Barnes to keep the FPSO and its systems in working order at the Bull Arm facility, with an option to extend. “Despite the operational incident and all the challenges of 2020 — unprecedented drop in oil prices, global pandemic and economic slowdown — Suncor has continued to focus on safety and maximizing value through enhanced performance and lowering costs,” said CEO Mark Little in a statement.

Suncor CEO signals caution about restarting oil output as economy recovers.

Shares in Suncor Energy Inc. traded sharply lower on Tuesday after it trimmed 2020 production guidance despite restarting its Base Plant oilsands mining operation following a fire in mid-August. What to Expect From Suncor Energy (SU) This Earnings Season?

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In Toronto, the shares fell by as much as $1.80 or 8.9 per cent to $18.44 as financial analysts rated its new production guidance as negative but welcomed news the repair costs at the mine are expected to be covered by insurance. The Terra Nova was supposed to be refitted this year, but those plans were routed due to the COVID-19 pandemic. Please read our Commenting Policy first.

Our Standards: The Thomson Reuters Trust Principles. Read more: Upgraders process mined bitumen into refinery-ready synthetic crude.

Work at Suncor’s Fort McMurray base plant affected until September due to fire. Base Plant production was restored to 165,000 barrels per day of mined bitumen at the end of August following repairs but Suncor said it would restrict output going forward to manage bitumen quality going to its upgraders. Suncor Energy Inc. says its on-again, off-again plan to add a coker unit to its Montreal refinery to allow it to process heavier barrels of oil, including oilsands bitumen, is off the table again as it shuffles priorities in its long list of production growth projects.

It expects full rates of 300,000 bpd won’t be achieved until the middle of the fourth quarter. All quotes delayed a minimum of 15 minutes. Kurschance in dieser Woche: Jetzt den größten Markt direkt vor den Füßen! “While we view the update on the whole as slightly negative due to the extended timing of full output at the Base Mine, it is partially offset by news of a surprise 12,000 bpd debottleneck at Firebag to be completed by November after running Firebag near half capacity for several weeks, and the restart of the second train at Fort Hills in September,” said analyst Michael Dunn of Stifel FirstEnergy. See here for a complete list of exchanges and delays. On August 16, 2020, Suncor reported it had experienced a fire at the secondary extraction facilities of its Base Plant mine.

Suncor Energy price prediction for November, SUNCOR ENERGY INC - 6-K, Report of foreign issuer, Suncor Offers 100% Upside In Normal Oil Environment, Suncor Energy Inc: Suncor Energy to release Q3 results Oct. 28, Impressum | AGB | Disclaimer | Datenschutz. Up or down? OTTAWA (dpa-AFX) - Suncor Energy Inc. (SU, SU.TO) reported a net loss of C$614 million or C$0.40 per share in the second quarter of 2020, compared to net earnings of C$2.729 billion or C$1.74

Our focus is on responding and making sure everyone is safe and accounted for,” she said. Shares in Suncor Energy Inc. traded sharply lower on Tuesday after it trimmed 2020 production guidance despite restarting its Base Plant oilsands mining operation following a fire … Meanwhile, the Calgary-based company said it is working to restart the second extraction train at its Fort Hills oilsands mine this month, taking project production to between 120,000 and 130,000 bpd. On Wednesday it settled at $1.50 per barrel below U.S. crude futures. The train was shut down early this year because of low oil prices and Suncor now expects its 54 per cent interest in the project to produce an overall average for the year of between 60,000 and 65,000 bpd. Although initial repairs can allow the mine to operate at full rates, production has been restricted to manage bitumen quality into the upgraders.


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