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In 2024, Suncor settled with state regulators for US$10.5 million (a US$2.5 million fine and US$8 million in mandatory improvements) for violations by the Commerce City refinery, the largest settlement with a single facility over air pollution violations in Colorado history. [50] By 2009, Suncor was working to reduce the amount of bitumen ...
By 2013, Suncor and CNRL—Canada's two largest petroleum companies were also among top eleven of the country's most valuable companies. [13] In 2011, Canadian Natural Resources, overtook Suncor to become Canada's largest producer. Suncor produced 549,000 boe/d in 2012 only slightly higher than in 2011. [14]
The Suncor Sarnia Refinery is an 85,000 bpd cracking plant located in the "Chemical Valley" section of Sarnia, Ontario, Canada alongside the St. Clair River.The refinery has been in continuous operation since 1952 [1] and supplies petroleum products to the southern Ontario region including Toronto and its suburbs via the Sun-Canadian Pipeline. [2]
Petro-Canada was founded as a Crown Corporation in 1975 by an act of Parliament. It started its operations on 1 January 1976. The company was given C$1.5 billion in start-up money and easy access to new sources of capital.
Suncor Energy (formerly Petro-Canada prior to merger in Aug 2009) still operates from the site as a storage terminal. It was the third refinery to close along Lake Ontario; Shell's Oakville refinery was closed in 1983, and Esso's Mississauga, Ontario refinery located further east on Lakeshore Road closed in 1985.
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Suncor is aggressively pursuing climate change goals and Net Zero by 2050. [11] The go-forward plan for the Montreal Refinery has year to be published for the public as of 2024. There is controversy around Suncor's future plant for GhG emissions reductions including the Montreal Refinery.
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