Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Suncor Energy (TSX:SU) has provided an update regarding a contract worker that was fatally injured at its Base Plant site in Fort McMurray
  • As it continues to respond to the incident, Suncor remains focused on the safety and well-being of its employees
  • The company said an investigation is currently underway
  • Suncor said that as a result, its Oil Sands Operations Presentation has been postponed
  • Shares of Suncor Energy are down 2.49 per cent to C$42.23 as of 1:16 p.m. EDT

Suncor Energy (TSX:SU) has reported that a contractor was fatally injured at its Base Plant site, north of Fort McMurray, Alberta, on Thursday (July 7).

The company said Suncor Emergency Services responded to an incident at a shovel maintenance pad in the mine where a Komatsu employee was immediately pronounced deceased.

Suncor continues to respond to the incident and remains focused on the safety and well-being of its employees. As such, the company said it will be postponing its Oil Sands Operations presentation, which was originally scheduled for July 13.

“This is an incredibly sad and difficult day, and I offer my condolences to the family, friends and coworkers of the individual,” Mark Little, Suncor president and CEO, said in a release.

Suncor is also working alongside Komatsu to ensure those impacted have the appropriate support they need.

“We remain committed to improving our safety and operational performance. [Thursday’s] tragedy underscores the importance of our work to improve the safety of our operations,” the company said.

Suncor Energy is a leading energy company in Canada, with its operations including oil sands development, production and upgrading, offshore oil and gas production and petroleum refining in Canada and the US. The company’s operations also include its Petro-Canada retail and wholesale distribution networks.

Shares of Suncor Energy are down 2.49 per cent to C$42.23 as of 1:16 p.m. EDT.

More From The Market Herald

" Pine Cliff Energy (TSX:PNE) appoints new director

Pine Cliff Energy (PNE) has appointed Calvin Jacober to its Board of Directors.
The Market Herald Video

" Prospera Energy (TSXV:PEI) announces Q1 2022 financial results

Prospera Energy (PEI) is pleased to release its Q1 2022 financial and operating results.

" Kraken Energy (CSE:UUSA) announces option to acquire Garfield Hills Uranium Project

Kraken Energy (UUSA), through its wholly-owned subsidiary, NevadoCo, has signed an option agreement to acquire the Garfield Hills Uranium Property.
First Helium Inc. - President & CEO, Ed Bereznicki.

" First Helium (TSXV:HELI) begins trading on the OTCQX

Common shares of First Helium (HELI) have qualified to upgrade from the OTCQB Venture Market to the OTCQX Best Market.