Oil sands production facilities in Alberta, Canada.

Suncor Energy Profits Surge as Higher Oil Prices Deliver Billions to Canada’s Energy Giant

By ABE Magazine | November 4, 2026 Canadian energy giant Suncor Energy has reported a sharp increase in third-quarter profits, benefiting from higher global oil prices and stronger refining margins despite a slight decline in production. The Calgary-based company generated C$3.81 billion in net earnings during the three months ended September 30, more than double…

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