Suncor Energy, Inc.
Suncor Energy, Inc. is an integrated energy company, which develops petroleum resource basins. It explores, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally. Suncor Energy, through its Petro-Canada brand, provides oil sands development & upgrading, conventional & offshore oil and gas production, petroleum refining and product marketing. The company operates its business through the following segments: Oil Sands, Exploration & Production and Refining & Marketing. The Oil Sands segment recovers and upgrades bitumen from mining and in situ operations into synthetic crude oil for refinery feedstock and diesel fuel. The Exploration & Production segment engages in the exploration and production of natural gas, crude oil and natural gas liquids. The Refining & Marketing segment refines, distributes and markets crude oil products and other purchased products through retail stations located in Canada and the United States. Its business roots back to August 22, 1979 when Sun Oil Co. Ltd. and Great Canadian Oil Sands Ltd. have merged together. The company was founded on August 1, 2009 and is headquartered in Calgary, Canada.