Suncor, a major player in the Canadian energy sector, is involved in oil and natural gas exploration, production, refining, and marketing. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and retail fuel distribution.
The company's oil sands operate with projects in the Athabasca oil sands, Alberta. Suncor's flagship project, the Syncrude joint venture, is one of the largest producers of synthetic crude oil from Canada's oil sands.
In recent years, Suncor has been actively exploring ways to reduce its environmental footprint and increase its focus on renewable energy sources, including investments in wind power and biofuels. Like many energy companies, it faces challenges related to market fluctuations, regulatory changes, and the global transition towards cleaner energy sources.