Suncor Energy Drops $5.5 Billion To Acquire TotalEnergies Canadian Operations

Suncor Energy (TSX: SU) is taking full control of the Fort Hills oil sands project in the Fort McMurray region of Alberta, while also taking a 50% working interest in the Surmont in-situ asset in the region as well. The acquisition follows the firm entering a transaction with TotalEnergies EP Canada, whom is selling its … Continue reading Suncor Energy Drops $5.5 Billion To Acquire TotalEnergies Canadian Operations