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2016-02-07 17:10:00

SUNCOR NET LOSS $2 BLN

SUNCOR NET LOSS $2 BLN

"In 2015 we generated cash flow that exceeded our annual sustaining capital and dividend commitments," said Steve Williams, president and chief executive officer. "Our integrated business model, our ability to reduce costs, and our relentless focus on operational discipline made this possible. As a result, we are well positioned to weather the current low crude oil price environment."

Highlights of the fourth quarter of 2015 include:

  • Cash flow from operations of $1.294 billion ($0.90 per common share), and an operating loss of $26 million ($0.02 per common share), driven by lower crude…

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Tags: SUNCOR, FINANCIAL, OIL, PRICE
Chronicle:
SUNCOR NET LOSS $2 BLN
2019, August, 16, 10:10:00
MALAYSIA'S GDP UP 4.9%
Malaysia's central bank data on Friday showed second quarter gross domestic product grew 4.9% year-on-year, beating the 4.8% forecast
SUNCOR NET LOSS $2 BLN
2019, August, 14, 12:25:00
OIL PRICE: NEAR $61 YET
Brent crude was down 46 cents, or 0.8%, at $60.84 a barrel at 0639 GMT, after rising 4.7% on Tuesday, the biggest percentage gain since December. U.S. oil was down 62 cents, or 1.1%, at $56.48 a barrel, having risen 4% the previous session, the most in just over a month.
SUNCOR NET LOSS $2 BLN
2019, August, 14, 12:20:00
CHINA'S OIL THROUGHPUT UP 5.6%
For the first seven months of 2019, Chinese crude throughput rose 5.6% from a year earlier to 369.73 million tonnes, or 12.73 million bpd, the NBS reported.
SUNCOR NET LOSS $2 BLN
2019, August, 14, 12:15:00
MENA ENERGY INVESTMENT: $859 BLN
Oil, gas and petrochemical projects, valued at more than US $859 billion, are either underway or planned in the Middle East and North Africa, MENA, of these US $283 billion are projects are being implemented, as the region gets ready to meet the forecast increases in demand for energy over the next two decades.
SUNCOR NET LOSS $2 BLN
2019, August, 14, 12:10:00
INDONESIA NEED INVESTMENT $15 BLN
Coal currently makes up around 60% of the country’s energy mix versus about 5% from geothermal power, according to data from state utility company PT Perusahaan Listrik Negara (PLN).
SUNCOR NET LOSS $2 BLN
2019, August, 14, 12:05:00
IBERDOLA SALES WIND: $2 BLN
Iberdrola will receive 1.63 billion pounds ($2 billion) for the 40% stake
SUNCOR NET LOSS $2 BLN
2019, August, 14, 12:00:00
AUSTRALIA'S CLIMATE CASH $339 MLN
Australia will give A$500 million ($339 million) to Pacific island nations for renewable energy projects and to help them prepare for the impact of climate change
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