The chief executive of oilsands giant Suncor Energy Inc. says he’s encouraged by the tone in Canada surrounding the sector compared with the past decade, but it’s still too early to say whether recent government commitments can help spur future growth.
Speaking to analysts on Wednesday as Suncor reported its second-quarter earnings, CEO Rich Kruger described a “very different mood” today than it has been in the past when it comes to the future of the oil and gas industry.
Last month, Suncor and four other major oil companies signed a memorandum of understanding with the federal and Alberta governments that outlined shared ambitions around carbon policy, expanded market access, and the fiscal and regulatory conditions that would be required to attract capital and incent growth….