Suncor's Oil Output Hits Records in First Half, but Prices Soften

August 7, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Suncor Energy Incorporated (Calgary, Alberta) celebrated record production in its upstream and downstream businesses for the second quarter of 2025, even as a drop in oil prices took a big bite out of the company's earnings. Industrial Info is tracking more than US$17 billion worth of active and proposed projects from Suncor, more than US$7.8 billion of which is attributed to expansions at existing plants. Suncor has notched up four record-high results so far this year: second-quarter upstream production of 808,000 barrels per day (BBL/d) and first-half production of 831,000 BBL/d, as well as second-quarter refinery throughput of 442,000 BBL/d and first-half throughput of 462,000 BBL/d. Management attributed there results partly to major upstream and downstream turnaround activities that were completed ahead of schedule.