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Suncor CEO Says Fort Hills Oil Sands Site Will Go From 175,000 To 200,000 barrels per day By 2028

ReutersMar 31, 2026 3:32 PM

March 31 (Reuters) - Suncor Energy Inc (Canada) SU.TO:

SUNCOR CEO SAYS COMPANY WILL INCREASE IN SITU PRODUCTION BY 30,000 BPD BY 2028 - CONF CALL
SUNCOR CEO SAYS IN SITU GROWTH WILL COME FROM DEBOTTLENECKING OF FIREBAG FACILITY AND OPTIMIZATION OF STEAM PLANTS AND PERFORMANCE -CONF CALL
SUNCOR CEO SAYS PRODUCTION AT FIREBAG SITE WILL GO FROM 245,000 BPD TO 275,000 BPD BY 2028 - CONF CALL
SUNCOR CEO SAYS OIL SANDS MINING PRODUCTION WILL INCREASE BY 45,000 BPD BY 2028 -CONF CALL
SUNCOR CEO SAYS FORT HILLS OIL SANDS SITE WILL GO FROM 175,000 BPD TO 200,000 BPD BY 2028 -CONF CALL
SUNCOR CEO SAYS SYNCRUDE SITE WILL GET ITS FIRST AUTONOMOUS VEHICLES NEXT MONTH - CONF CALL
SUNCOR CEO SAYS COMPANY'S LATEST RESOURCE ASSESSMENT INDICATES 11 BILLION BARRELS MORE IN RESERVES THAN PREVIOUSLY ESTIMATED -CONF CALL
SUNCOR CEO SAYS ITS STEEPEST PRODUCTION RAMP-UP WILL OCCUR POST-2032 -CONF CALL
SUNCOR CEO SAYS BY 2040, THE MAJORITY OF ITS OIL SANDS PRODUCTION WILL COME FROM IN SITU, NOT MINING AS BASE PLANT DEPLETES -CONF CALL
SUNCOR CEO SAYS STRUCTURAL SHIFT TO IN SITU WILL RESULT IN LOWER COSTS, HIGHER CASH FLOWS - CONF CALL

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