Full-Time
Chemical Engineering Intern
Multiple Teams
Posted on 9/5/2025
Suncor
10,001+ employees
Integrated energy player: oil sands, renewables
No salary listed
Calgary, AB, Canada + 2 more
More locations: Wood Buffalo, AB, Canada | Fort McMurray, AB, Canada
In Person
Relocation assistance will be provided if required. Students who live and work in Fort McMurray are eligible for a cash allowance to address the cost of living.
 Process Engineering |
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- Current enrollment in an undergraduate program in Chemical Engineering or a related program at an accredited postsecondary institution
- You must be returning to full-time studies after the work term
- Attach your most recent transcripts with your application
- For some roles you may need to possess a valid driver’s license and a clean driving record
Suncor Energy operates as an integrated Canadian energy company involved in oil sands development, upgrading to synthetic crude, and onshore/offshore oil and gas exploration and production, along with refining, fuels marketing, and energy trading. Its products start with extracting bitumen from oil sands, upgrading it to synthetic crude, refining it into fuels, and selling them, while it also trades energy to optimize its portfolio. Unlike many rivals, Suncor combines a large oil-sands oriented upstream business with significant downstream refining and retail capabilities and is actively expanding lower-emission projects such as power generation and renewable fuels. Its goal is to meet current energy demand while gradually shifting toward a lower-emission energy future through cleaner fuels and investment in renewable energy and responsible trading.
Company Size
10,001+
Company Stage
IPO
Headquarters
Calgary, Canada
Founded
1919
Simplify's Take
What believers are saying
- 100,000 bpd production growth by 2028 reduces enterprise breakeven to $38 WTI.
- West White Rose offshore project adds lighter crude before 2028, diversifying portfolio.
- Record Q1 2026 cash generation funds $4 billion annual shareholder buybacks.
What critics are saying
- Fort Hills utilization below 90% due to bitumen quality variability misses targets.
- Commerce City refinery violations trigger $10M+ fines and operational shutdowns.
- Oil price collapse below $80 WTI eliminates margin buffer from current highs.
What makes Suncor unique
- Fort Hills full ownership enables 194,000 bpd mine optimization without partner constraints.
- Firebag SAGD debottlenecking adds tens of thousands bpd with minimal new capital.
- Integrated downstream refining captures trading premiums during geopolitical supply disruptions.
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Benefits
Professional Development Budget
Company News
Suncor Energy targets 100,000 BPD production growth and $5 per barrel cost reduction by 2028. Calgary-based Suncor Energy unveiled an ambitious three-year growth plan at its March 2026 Investor Day, targeting an additional 100,000 barrels per day of upstream production by 2028 alongside a $5 per barrel reduction in corporate break-even costs. The plan, announced by President and CEO Rich Kruger, positions Suncor as one of Canada's most aggressive oil sands expanders at a time when global crude prices remain historically elevated. Brent crude is trading near $97 per barrel following a volatile April that saw prices spike above $110 before a U.S.-Iran ceasefire announcement triggered a partial retreat. Western Canadian Select (WCS) for May delivery is quoted at approximately $14.90 below WTI, which settled around $95.50 per barrel on April 10. Even with the regional discount, Alberta oil sands producers are generating strong margins on projects that break even below $50 WTI. For context, see its recent analysis of the widening WCS discount and its impact on producer revenues. Three pillars of the 2028 growth strategy. Kruger outlined three primary growth drivers for the 100,000 bpd production target: * Fort Hills oil sands mine: Suncor acquired full ownership of Fort Hills following a 2021 transaction with Total and a subsequent buyout of Teck Resources' stake. With 100 per cent ownership now in place, the company is optimizing throughput at the 194,000 bpd design-capacity mine in the Athabasca oil sands region of northern Alberta. * Firebag in-situ expansion: Firebag is Suncor's largest in-situ steam-assisted gravity drainage (SAGD) operation. A phased debottlenecking program is expected to add tens of thousands of barrels per day through improved steam injection efficiency and reduced steam-to-oil ratios. * West White Rose offshore: Suncor's share of the West White Rose extension project off Newfoundland's Grand Banks is expected to come on stream before 2028, contributing lighter, higher-quality crude to Suncor's blended output portfolio. The $5 per barrel break-even cost reduction target reflects progress on workforce efficiency, supply chain optimization, and digital operational improvements Suncor has implemented since Kruger took the helm in 2022. The company has already reduced operating costs by approximately $1.5 billion per year compared to 2021 levels. Competitive landscape in Canadian oil sands. Suncor's expansion push comes as peers also ramp up. Canadian Natural Resources is targeting a record 1.6 million barrels of oil equivalent per day across its portfolio in 2026, boosted by its acquisition of sole ownership of the Albian oil sands mine complex from Shell Canada. Meanwhile, Cenovus Energy is integrating its acquisition of MEG Energy and targeting nearly 985,000 BOE per day, as detailed in its earlier coverage of the Cenovus-MEG integration and synergy targets. Analysts at CIBC Capital Markets and RBC Dominion Securities have both named Suncor a top pick among Canadian integrated oils for 2026, citing the combination of growing production volumes and a capital-efficient reinvestment model. RBC estimates Suncor's free cash flow yield could reach 12 to 14 per cent at $90 WTI, one of the highest among North American senior producers. Capital allocation and shareholder returns. The Investor Day plan allocates capital spending in the range of $6.1 billion to $6.3 billion for 2026, roughly flat year-over-year. Kruger emphasized that incremental production growth at Fort Hills and Firebag does not require large new capital commitments; rather, it comes from debottlenecking and operational improvements already underway. Suncor's board approved a 10 per cent increase in the quarterly dividend in March 2026, bringing the annualized payout to $2.20 per share. The company also has $4 billion in remaining share repurchase authorization through late 2026. With capital spending for the four largest Canadian oil sands producers expected to reach $14 billion in aggregate in 2026, the sector as a whole is entering its most capital-intensive growth cycle since the pre-2014 boom period, though with meaningfully lower per-barrel costs and higher corporate discipline than the previous expansion era. Outlook. Suncor's 2028 targets will be tested against a volatile global backdrop. The Strait of Hormuz partial closure, combined with OPEC+ gradually unwinding voluntary production cuts, creates a supply environment that most forecasters view as constructive for WTI prices through at least mid-2026. Alberta oil sands operators, with their long-lived, low-decline assets, are among the best-positioned producers globally to benefit from a sustained period of elevated crude prices. If Suncor achieves its 100,000 bpd growth target and the $5 per barrel cost reduction, its upstream break-even would fall to approximately $38 WTI, providing substantial buffer against future price downturns while maximizing cash generation in the current high-price environment. Investors and analysts will track Suncor's quarterly operational updates closely for progress at Fort Hills, where utilization rates above 90 per cent have historically proved challenging due to bitumen quality variability and maintenance scheduling constraints. Published by Oil Authority Submit a correction. 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Suncor Energy has announced new 2028 targets at its investor day, including CAD 2 billion annual free funds flow growth and a $5 per barrel reduction in enterprise breakeven to $38. The company also plans 100,000 barrels per day upstream production growth and a 10% refining network increase to 511,000 barrels per day. CEO Rich Kruger said Suncor has completed a "comprehensive transformation" over three years, achieving all 2024 investor day commitments two years early. These included 114,000 barrels per day production growth, $10 per barrel breakeven reduction, and over CAD 3.3 billion free funds flow growth. The company has reduced executive headcount by 22% and non-operating personnel by 2,300, whilst implementing a new operational excellence system. Personnel injuries and process safety events have fallen 75%.
Suncor (NYSE: SU) refreshes conduct, trading and anti-bribery standards. Filing Impact Filing Sentiment Rhea-AI filing summary. Suncor Energy Inc. has filed a Form 6-K furnishing an updated Standards of Business Conduct Code and Compliance Program plus a wide set of detailed governance and ethics standards. These documents cover accounting controls, competition and confidentiality rules, conflicts of interest and service on outside boards. The filing formalizes expectations for equal opportunity, respectful workplaces, and non-retaliation for good-faith reporting. It also codifies how Suncor handles material information, trading in its securities, blackout periods, and restrictions on short selling. A comprehensive anti-bribery and improper payments standard sets due diligence rules for agents, joint ventures, contractors, political and charitable contributions, and dealings with public officials. 03/26/2026 - 09:33 AM SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a - 16 or 15d - 16 of the Securities Exchange Act of 1934 (Name of registrant) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. | / | / | / |
Supreme Court agrees to hear next big case. March 10, 2026 The Supreme Court agreed to examine whether Boulder and Boulder County can pursue damages from oil companies for climate-related harms. By: ZUMAPRESS.com / MEGA The U.S. Supreme Court will review a Colorado Supreme Court decision that allowed Boulder County and the City of Boulder's lawsuit against ExxonMobil and Suncor Energy to proceed under state law. The oil companies petitioned the Court, arguing that federal law shields them from state-level accountability for climate-related harms. The justices will now decide whether federal law preempts local damages claims, a ruling that could either shut down dozens of similar lawsuits nationwide or allow communities to pursue billions in damages. What the case is about. Boulder's nearly eight-year effort to recover damages from ExxonMobil and Suncor Energy centers on allegations that the companies misled the public about climate change to protect profits and should help cover the costs of global warming impacts, including rising expenses from wildfires, floods and other climate-related disasters. The amended complaint brings several state-law tort claims, including public and private nuisance, trespass, unjust enrichment, civil conspiracy and related statutory violations. The City of Boulder and Boulder County argue the companies knowingly contributed to climate change while concealing the risks of their products. What both sides are saying. The companies and Boulder officials have taken sharply different positions. ExxonMobil spokesman Curtis Smith said in an emailed statement, "As our filings make clear, climate policy shouldn't be set through fragmented state-court actions and we look forward to making that case before the Court." Suncor said in a statement that they welcome the U.S. Supreme Court's review "as an important step toward establishing clarity and consistency on this issue. We remain committed to supporting Colorado's evolving energy needs for years to come." Boulder officials framed the case as a question of fairness and financial responsibility. Climate Initiatives Director Jonathan Koehn said the case "is, fundamentally, about fairness," adding that Boulder wants Suncor and ExxonMobil to pay for climate impacts, including millions in recovery costs from extreme weather. Boulder County Commissioner Ashley Stolzmann said, "The oil companies have tried every avenue to delay our climate accountability case or move it to an out-of-state court system. As everyone continues to face rising costs that put budgets under pressure, we must hold oil companies accountable for the significant harm they've caused our communities." The Trump administration's unusual move. President Donald Trump's administration supported the companies and urged the justices to reverse the Colorado Supreme Court decision. The administration warned that allowing the case to proceed could mean "every locality in the country could sue essentially anyone in the world for contributing to global climate change." In September 2025, the United States filed an amicus brief arguing that the Clean Air Act preempts Boulder's claims. The EPA twist that could change everything. A recent regulatory shift has added new complexity to the case. The Environmental Protection Agency (EPA) issued a final rule rescinding its earlier finding that greenhouse gas emissions endanger public health and welfare. The rule concluded the agency never had statutory authority under section 202(a)(1) of the Clean Air Act to regulate greenhouse gas emissions in response to climate change. Michael Gerrard, director of the Sabin Center for Climate Change Law at Columbia University, said the decision could reshape the legal arguments. If the EPA says it lacks authority to regulate greenhouse gases, states could argue they are the primary regulators of climate pollution, which may weaken the companies' federal preemption claim. What legal experts are watching. Gerrard said the Supreme Court will weigh two key questions. The first is whether it is too early to review the case since Boulder's lawsuit has not yet gone to trial. If the court decides it is premature, it could "dodge the issue." If the justices move forward, the second question is far more consequential, whether lawsuits alleging fossil fuel companies are liable for climate change impacts can proceed at all. "It's potentially very significant because it could lead to a definitive ruling from the Supreme Court on whether the fossil fuel companies might be liable," Gerrard said. He also offered a statistical note. "When the Supreme Court takes a case, it usually reverses it. So the statistical odds are that the Colorado Supreme Court decision would be reversed. But those are merely odds - it's not a certainty." Follow The Knewz: Got a tip? Send it to Knewz here Pratik Sharma is a writer at Knewz Audio Player Justice breaks with Supreme Court in unanimous decision
Suncor Energy reported fourth-quarter earnings of $1.06 billion, with adjusted earnings of 79 cents per share, surpassing Wall Street expectations of 77 cents per share. The Calgary-based energy company posted quarterly revenue of $8.82 billion. For the full year, Suncor reported profit of $4.24 billion, or $3.47 per share, on revenue of $35.29 billion.