Suncor posts record profit

Article Abstract:

Suncor Energy Inc., which has been hurt by rising costs at its Fort McMurray, Alberta-based oil sands project, has reported record first quarter profits of $125 million. Suncor, which made the announcement at its annual meeting in Calgary, has capitalized on high prices for natural gas and crude petroleum.

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Oil firms post record profit

Article Abstract:

Calgary, Alb.-based Pancanadian Petroleum Ltd., Toronto, Ont.-based Imperial Oil Ltd. and Fort Macmurray, Alb.-based Suncor Energy Inc. The oil companies' profits in 2000 were attributed to rising costs of natural gas and crude petroleum.

Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Wholesale prices, Natural gas, Gas industry, Pancanadian Petroleum Ltd.

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Soaring Imperial profit fails to impress

Article Abstract:

Calgary-based Imperial Oil Ltd. has reported that profits have almost doubled in the third quarter ended Sept. 30. Imperial, which earned $374 million in the quarter, is Canada's largest oil and gas company.

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