Tag: Petro Canada
Suncor Energy promotes Mark Little to Chief Operating Officer
Mark Little led integration of Suncor and Petro-Canada corporate cultures following merger Steve Williams, chief executive officer of Suncor, announced the appointment of Mark Little, currently president, Upstream, as chief operating officer (COO), according to a press release. As Suncor’s COO, Little will be responsible for all of the operations and many of the corporate […]
Former Suncor Energy CEO Rick George dies of leukemia
Rick George helped pioneer oil sands mining Rick George, described as one of the pioneers of oil sands mining, passed away on Aug. 1 after a year-long battle against leukemia at the age of 67, according to a statement from his family on Wednesday. Mr. George was a long-time president and CEO of Suncor Energy […]
HollyFrontier to buy Suncor’s Petro-Canada lubricants unit
HollyFrontier to produce 28,000 b/d Oct 31 (Reuters) – U.S. oil refiner HollyFrontier Corp said on Monday it would buy Suncor Energy Inc’s Petro-Canada lubricants unit for C$1.13 billion ($844 million), expanding its North American lubricants business. HollyFrontier will become the fourth-largest lubricants producer in North America with a capacity of 28,000 barrels per day, or […]
Suncor Energy sells Petro-Canada Lubricants business for $1.125 billion
Transaction expected to close Q1 of 2017 CALGARY, ALBERTA – Suncor Energy today announced it reached an agreement to sell its Petro-Canada Lubricants Inc. business to a subsidiary of HollyFrontier Corporation for gross proceeds of $1.125 billion, subject to customary closing adjustments. “Today’s announcement is another example of how Suncor is focusing on its core assets […]
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