Suncor broke records for oil production in 2024, company says
- Suncor Energy achieved record oil production in 2024, averaging 827,000 barrels per day, which is up by 10.9% from 2023 and above the company's high-end guidance.
- In Q4 2024, Suncor's oil production reached 874,000 barrels per day, increasing by 66,000 barrels per day from the same quarter a year earlier.
- Suncor reported a record annual refining throughput of 465,000 barrels per day, which is up by 10.5% compared to 2023 and above the high-end of guidance.
- The Trans Mountain Expansion Project improved market access for Canadian oil producers in 2024, coinciding with high fuel demand in North America during the peak driving season.
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