Page 11 - AIF - English

REFINING AND MARKETING
CORPORATE, ENERGY TRADING AND

ELIMINATIONS
Suncor’s Refining and Marketing segment consists of two

primary operations:
The grouping Corporate, Energy Trading and
Eliminations includes the company’s investments in
• Refining and Supply operations refine crude oil into a
broad range of petroleum and petrochemical products. renewable energy projects, results related to energy
marketing, supply and trading activities, and other activities
Eastern North America operations include refineries not directly attributable to any other operating segment.
located in Montreal, Que´bec and Sarnia, Ontario, and a
• Renewable Energy interests include six operating
lubricants business located in Mississauga, Ontario that
manufactures, blends and markets products worldwide. wind power projects across Canada, two wind power
projects under development in Ontario, and the
Western North America operations include refineries
located in Edmonton, Alberta and Commerce City, St. Clair ethanol plant in Ontario.

Colorado. Other Refining and Supply assets include • Energy Trading activities primarily involve the
interests in a petrochemical plant, pipelines and product marketing, supply and trading of crude oil, natural gas

terminals in Canada and the U.S.
and byproducts, and the use of midstream
infrastructure and financial derivatives to optimize
• Downstream Marketing operations sell refined
petroleum products and lubricants to retail, commercial related trading strategies.

and industrial customers through a combination of • Corporate activities include stewardship of Suncor’s
company-owned, branded-dealer and other retail debt and borrowing costs, expenses not allocated to

stations in Canada and Colorado, a nationwide the company’s businesses, and the company’s captive
commercial road transport network in Canada, and a insurance activities that self-insure a portion of the

bulk sales channel in Canada.
company’s asset base.

• Intersegment revenues and expenses are removed from
consolidated results in Group Eliminations.

Intersegment activity includes the sale of product
between the company’s segments and the provision of

insurance for a portion of the company’s operations by
the Corporate captive insurance entity.

SUNCOR ENERGY INC. ANNUAL INFORMATION FORM 2014 9