Today, June, 27, 2013; a BNN broadcaster informed me that Suncor was Canada’s biggest diversified energy company. And I didn’t believe him. And many perhaps weren’t paying attention, or many simply believed that Suncor is a Canadian company( though it left Sunoco in 1995 a descendant of Sun Oil, & currently sells Petro Canada products, and leads the way in mining the tar sands) because TV broadcasters know more than their audience, or maybe no one cares that Suncor is really a metamorphosis of America’s Sun Oil Company that took over Canada’s crown corporation Petro Canada in August 2009.
Among business broadcasters “transparency” has become a popular term: meaning, I think, visibility of motive and action. It’s surprising then that it is almost impossible to find a coherent company history of Canada’s Suncor Energy and its relationship to “The Peoples Natural Gas Company” that started in Pittsburgh Pennsylvania in 1886, and became “Sun oil Company” of Ohio in 1890.But here is what is Online at Wikipedia. The story of Suncor seems to begin in 1886 with “The Peoples Natural Gas Company in Pittsburgh, Pennsylvania. “Suncor was founded in 1919 in Montreal as Sun Company of Canada, a subsidiary of Sun Oil (now Sunoco).” And here the word “subsidiary”(meaning branch?) taken from the preceding Wikipedia sentence may be the only visible Online mention of the fact that Canada’s Sun Company is linked to America’s Sun Oil, and ultimately that Suncor, the company that took control of Petro Canada, and mines the tar sands is a descendant of Canada’s Sun Company, “a subsidiary of Sun Oil“.
(The link to the above quoted Wikipedia sentence is http://en.wikipedia.org/wiki/Suncor_Energy.)
I am assuming that the term “subsidiary” is an accurate characterization of Canada’s oil company’s connection to America’s multinational parent oil company.
Also revealing in trying to understand the relationship between the US.- international ancestor of Canada’s 1919 Sun Company and the 2009 Suncor – Petro Canada are the biographical events of former Suncor CEO and officer of the Order of Canada Mr. R. George:
Rick George Birthplace: Brush, Colo. Age: 59 Rick George came up through the ranks of Sun Co., rising to managing director of Sun Oil Britain, before being appointed president and CEO of Canada’s Suncor in 1991(Globe and Mail, Jan.1, 2010)
In review: here are some of the company names that anyone seeking a history of this energy company must confront: Sun oil Company, Sun Oil, Sun Company of Canada, Sunoco, Sun Oil Britain, Suncor Energy. Today Steve Williams, Mr. George’s replacement, has been leading Suncor. He too originated in the U.S.A.and like Mr. George has exemplary international experience. Recently he received a large financial reward for his environmental accomplishments.
Suncor Energy CEO Steve Williams gets pay raise to $12.8 million, praise for work on climate change
(National Post; April 1, 2016)