Suncor's (SU) Firebag facility has been shut down temporarily. The company has cut down some of its production as a precautionary measure and will restart production as soon as the situation permits.
Kosmos Energy (KOS) holds a 25.04% interest in the Winterfell development, whose high-margin barrels and low carbon intensity make a valuable addition to KOS' portfolio.
Shell (SHEL) remains committed to achieving its net-zero emissions target by 2050 despite abandoning several renewable projects to focus on its more profitable ventures, primarily in oil and gas.