Suncor is an integrated energy company strategically focused on developing Canada's Athabasca oil sands. As we we responsibly develop the oil sands, we are also investing in renewable energy- wind power and biofuels.
In 1967, we pioneered commercial development of Canada's Athabasca oil sands — one of the world's largest petroleum resource basins. Since then, Suncor has grown to become a globally-competitive, Canadian-based integrated energy company with a balanced portfolio of high quality assets, a strong balance sheet and significant growth prospects.
- Near Fort McMurray, Alberta, Canada, Suncor extracts and upgrades oil sands into high-quality, refinery-ready crude oil products and diesel fuel.
- In Western Canada, Suncor explores for, develops and produces natural gas.
- The international and offshore business focuses on operations in the North Sea (United Kingdom, Netherlands and Norway) and the East Coast of Canada (where we participate in every major oil development project). We are also building material positions in the growth areas of Libya, Syria and Trinidad and Tobago.
- Across Canada and Colorado, Suncor's downstream operations market the company's refined products to industrial, commercial and retail customers. We have refineries in Edmonton, Alberta, Sarnia, Ontario, Montreal, Quebec and Commerce City, Colorado. We also sold about 15% of all petroleum products sold in Canada in 2008. Our Lubricants business is the largest producer of quality lubricant base stocks in Canada.
Suncor is also investing in clean, renewable energy sources:
- Suncor has four wind power farms in operation. With a total capacity of 147 megawatts, these renewable energy sites serve as an alternative to hydrocarbon-fuelled generation. These farms offset the equivalent of approximately 284,000 tonnes of carbon dioxide annually.
- Suncor's ethanol facility located in the township of St. Clair, Ontario has a current production capacity of 200 million litres per year. The ethanol is blended into our Sunoco and Phillips 66-branded gasoline and contributes to CO2 emission reductions of up to 300,000 tonnes per year.
