00:15:07 EDT Tue 01 Jul 2025
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Suncor Energy Inc
Symbol SU
Shares Issued 1,222,627,554
Close 2025-06-23 C$ 53.52
Market Cap C$ 65,435,026,690
Recent Sedar Documents

Globe says MEG, rivals hear Pathways' outlook upbeat

2025-06-23 07:11 ET - In the News

See In the News (C-MEG) MEG Energy Corp

The Globe and Mail reports in its Saturday, June 21, edition that a significant investment in carbon-capture technology in Alberta's oil sands faces challenges. The Globe's Adam Radwanski and Emma Graney write that the Pathways Alliance has gained momentum due to Prime Minister Marl Carney's focus on fast-tracking projects that balance resource growth with sustainability goals. Despite talks with Ottawa stalling out late last year, Pathways president Kendall Dilling says he is now feeling optimistic, because of a "real, renewed interest in getting past some of the barriers that have been slowing infrastructure down in this country." Recent interviews with industry and government officials reveal that the two sides remain far from resolving the barriers to this project. Carbon-capture advocates propose solutions requiring co-operation between Ottawa and the fluctuating Alberta government on oil sands emissions reduction. This will test Mr. Carney's commitment to "decarbonized oil" and his ability to achieve compromise. The Pathways project could significantly reduce oil-sands emissions, making it appealing to a federal government focused on a greener economy and interested in conventional energy.

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