Petro Canada

Suncor Energy promotes Mark Little to Chief Operating Officer

Energy Financial

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 […]

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HollyFrontier to buy Suncor’s Petro-Canada lubricants unit

Energy Financial

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

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Suncor Energy sells Petro-Canada Lubricants business for $1.125 billion

Canada

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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