CALGARY — Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed Trans Mountain pipeline expansion to Pacific markets.Dave Oldreive, Suncor's executive vice-president responsible for refining, sales and marketing, says the company expects the crude oil loaded off the Trans Mountain pipeline onto tanker ships at the Westridge Marine Terminal in Burnaby, B.C.
The Trans Mountain pipeline expansion, which runs from Alberta to the B.C. coast and marked its official opening last week, gives Canadian oil shippers access to an additional 590,000 barrels-per-day of pipeline capacity.In this article, we discuss the 10 companies to consider in the portfolio of Kevin O’Leary for 2024.
Stocks are primed to tumble into a bear market as bullish investors have driven equities to 1929 extremes, famed fund manager saysTD Risks ‘Lost Decade’ in US Money-Laundering Scandal, Jefferies Says Known as the Oracle of Omaha, Warren Buffett is one of the most successful investors of all time. He started his first investment partnership in 1956 with a few friends and family. An investment in...CALGARY — Suncor Energy Inc. says it earned $1.61 billion in the first three months of 2024, down from $2.05 billion a year earlier. The Calgary-based energy giant says its first-quarter earnings amount to $1.25 per common share, compared with $1.54 in the first quarter of 2023.