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Canadian Petroleum Companies
Although there are numerous oil companies operating in Canada, as of 2009, the majority of production, refining and marketing was done by fewer than 20 of them. According to the 2013 edition of Forbes Global 2000, canoils.com and any other list that emphasizes market capitalization and revenue when sizing up companies, as of March 31, 2014 these are the largest Canada-based oil and gas companies (they are either based entirely in Canada or majority Canadian owned). As of 2009, Syncrude and Irving Oil were leaders in the Canadian industry, with Syncrude being the top producer of oil sands crude and Irving Oil operating the largest oil refinery in the country. Canadian oil company profits quickly recovered following the 2008 financial crisis; In 2009 they were down 90% but in 2010 they reached $8.4 billion. The price gap between West Texas Intermediate oil ($85/bbl) and Western Canadian Select heavy crude ($65/bbl) with the price of upgraded synthetic oil surpassing WTI w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irving Oil Refinery
The Irving Oil Refinery is a Canadian oil refinery located in Saint John, New Brunswick. It is currently the largest oil refinery in Canada, capable of producing more than of refined products per day. Over 80 per cent of the production is exported to the United States, accounting for 19 per cent of the country's gasoline imports and 75 per cent of Canada's gasoline exports to the US. The refinery is owned and operated by Irving Oil Limited Refining Division, a subsidiary company of Irving Oil. History The refinery was built in 1960 as a partnership between Irving Oil and Standard Oil Co. of California (SOCAL) on a site in Saint John, New Brunswick. It was built to allow for expansions, the first of which occurred in 1971 and then again in 1974. In 2000, a larger, $1.5 billion upgrade was completed. Irving Oil bought out SOCAL's share in the early 1980s. The refinery is supplied with crude oil primarily delivered by supertankers to the company's Canaport deep-water terminal whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cenovus Energy
Cenovus Energy Inc. (pronounced se-nō-vus) is an integrated oil and natural gas company headquartered in Calgary, Alberta. Cenovus was formed in 2009 when Encana Corporation split into two distinct companies, with Cenovus becoming focused on oil sands assets. In 2017, Cenovus purchased ConocoPhillips' 50 percent share of their Foster Creek Christina Lake (FCCL) oil sands projects and most of their conventional assets in Alberta and British Columbia, including the Deep Basin. Cenovus completed the acquisition of Husky Energy for C$3.9 billion in stock in January 2021. The combined company is Canada’s third-largest crude oil and natural gas producer and the second-largest Canadian-based refiner and upgrader. Cenovus is headquartered in Calgary's Brookfield Place, having completed a move from the neighbouring Bow in 2019. Operations Oil sands Cenovus has four producing projects in the oil sands – Foster Creek, Christina Lake (Alberta), Sunrise (jointly owned with BP Cana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keyera
Keyera (TSX: KEY) is one of the largest midstream oil and gas operators in Canada. The company services oil and gas producers in Western Canada and transports natural gas liquids such as propane, ethane, butane, condensate and iso-octane to markets throughout North America. Keyera provides major oil producers with essential services by providing them with the means to store, fractionate, and transport various oil, gas and NGL products. The company operates an industry leading condensate system. It operates the largest iso-octane manufacturing plant in the world. Most of Keyera's facilities are located in western Canada west of the fifth meridian in the Western Canadian Sedimentary Basin where natural gas is rich with valuable liquids products. Additionally there are 2 major terminals in Oklahoma. Keyera's has two integrated business lines: the Gathering and Processing business unit which in 2021 accounted for 11% of the company's total revenue, and the NGL Infrastructure and Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MEG Energy
MEG Energy is a pure play Canadian oil sands producer engaged in exploration in Northern Alberta. All of its oil reserves are more than below the surface and so they depend on steam-assisted gravity drainage and associated technology to produce (heavy bitumen must first be brought to the surface). The company's main thermal project is Christina Lake. 85-megawatt cogeneration plants are used to produce the steam used in SAGD which is required to bring bitumen to the surface. The excess heat and electricity produced at its plants is then sold to Alberta's power grid. Its proven reserves have been independently pegged at and probable reserves (also called recoverable resource) (by engineering firm GLJ Petroleum Consultants Lt; That's significant considering only of the of bitumen in Alberta is considered recoverable under current technology. The value of those reserves is over $19.8 billion. China National Offshore Oil Corporation, CNOOC has a minority 16.69% interest in M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crescent Point Energy
Crescent Point Energy Corp. is an oil and gas company based in Calgary, Alberta, Canada. The company focuses primarily on light oil production in southern Saskatchewan and central Alberta. Since its inception in 2001, Crescent Point has significantly increased its production. The company was founded in 2001 and is one of the largest independent oil and gas producers in Canada and has a significant presence in the Western Canadian Sedimentary Basin. The company's operations also include assets in the Williston Basin in the United States. Crescent Point Energy is listed on the Toronto Stock Exchange and is a publicly traded company. History In 2001 Crescent Point Energy began trading on the TSX Venture Exchange as a junior exploration and production company. It joined the Toronto Stock Exchange the following year. In 2003, it merged with Tappit Resources. As part of the merger, Crescent Point converted to an income trust. In February 2007, it acquired Mission Oil and Gas for $6 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Talisman Energy
Talisman Energy Inc. was a Canadian independent petroleum company that existed between 1993 and 2015. The company was created from the assets of BP Canada after British Petroleum divested its 57 percent stake in June 1992. It was one of Canada's largest independent oil and gas companies, and operated globally, with operations in Canada (B.C., Alberta, Ontario, Saskatchewan, Quebec) and the United States of America (Pennsylvania, New York, Texas ) in North America; Colombia, South America; Algeria in North Africa; United Kingdom and Norway in Europe; Indonesia, Malaysia, Vietnam, Papua New Guinea, East Timor and Australia in the Far East; and Kurdistan in the Middle East. Talisman Energy has also built the offshore Beatrice Wind Farm in the North Sea off the coast of Scotland. The company was acquired by Repsol in 2015 and in January 2016 was renamed to Repsol Oil & Gas Canada Inc. The company initially grew quickly through a number of mergers and acquisitions, which reflects i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tourmaline Oil
Tourmaline Oil is a Canadian energy company engaged in the exploration, development, and extraction of crude oil and natural gas. It is headquartered in Calgary, Alberta in Canada. A major natural gas producer, it became the largest natural gas producer in Canada in 2021. It is also the first Canadian oil and gas exploration and development company to directly engage in the liquified natural gas business. Corporate overview As of October 2021, Tourmaline was the largest natural gas producer in Canada, and the fifth largest natural gas producer in North America. In Canada, the firm was also the second-largest producer of processed natural gas liquids, and the second-largest producer of natural gas condensate. Tourmaline primarily focuses on the Alberta Basin, Montney Formation, and Peace River oil sands. Its product mix is 80 percent natural gas and 20 percent crude petroleum and natural gas liquids. The company had 1,600 wells in 2020, and owned and operated 19 natural gas proce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ovintiv
Ovintiv Inc. is a hydrocarbon exploration and production company organized in Delaware and headquartered in Denver, United States. It was founded and headquartered in Calgary, Alberta, under its previous name Encana. It was the largest energy company and largest natural gas producer in Canada, before moving to the United States in 2020. The company was rebranded as Ovintiv and relocated to Denver in 201920. Hydrocarbon production In 2021, the company's average production was per day, of which 26% was petroleum, 25% was natural gas liquids, and 49% was natural gas. Of 2021 production, 56% was in the United States and 44% was in Canada. History 1880s to 2002 - Canadian Pacific and PanCanadian years When the Canadian Pacific Railway was formed, the government of Sir John A. Macdonald compensated it for assuming the risk of developing the railroad with the subsurface rights for a checkerboard pattern of most of Alberta and part of Saskatchewan. These rights were later spun off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pembina Pipeline
Pembina Pipeline is a Canadian corporation that operates transportation and storage infrastructure delivering oil and natural gas to and from parts of Western Canada (since 2003 storage includes ethylene at 1 location); there is also a natural gas processing business that takes place at the Cutbank Complex. Western Canada is the source of all the product transported by its systems (which include the Syncrude, Horizon and Cheecham oilsands pipelines). Some of the pipelines and facilities have short term contracts with oil producers while others are long term. For 37 years until 1997 when it went public and established itself as a trust, Pembina was a regular privately owned business. On October 1, 2010 it converted to a corporation from a trust, changing its official name from Pembina Pipeline Income Fund to Pembina Pipeline Corporation. As of 2016 the company had more than 1260 employees, up from 427 in 2010. The company's total assets nearly doubled in 2017. History The compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ARC Resources
ARC Resources Ltd. (ARC) is a Canadian energy company with operations focused in the Montney resource play in Alberta and northeast British Columbia. The company has been operating since 1996. ARC pays a quarterly dividend to shareholders and its common shares trade on the Toronto Stock Exchange under the symbol ARX. History ARC was founded in 1996 as a royalty trust with the acquisition of 21 properties from Mobil Oil Canada. The acquisition was funded by an initial IPO of $180 million on the Toronto Stock Exchange. The company operated as a royalty trust from inception in 1996 until December 31, 2010. As a result of the Canadian Government's change in the tax treatment of trusts ARC converted from a trust to a corporation on January 1, 2011. Acquisitions and Disposals * In 1999, ARC acquires Starcor Energy Royalty Fund and Orion Energy Trust. * In 2001, ARC reaches $1 billion market capitalization. ARC completes the acquisition of Startech Energy Inc. for $340 million deal. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TransCanada Corp
{{DEFAULTSORT:Transcanada ...
TransCanada or ''variation'', may refer to: * Trans Canada Trail, a hiking trail system * Trans-Canada Highway, primary highway that runs across Canada * Trans-Canada Air Lines, predecessor to ''Air Canada'' * TC Energy, formerly TransCanada Corporation, an energy company based in Calgary, Alberta * TransCanada Tower, Calgary, an office tower located in Calgary, Alberta * TransCanada pipeline, an petro-energy pipeline maintained by TransCanada Pipelines * Trans-Canada Trophy, CASI award for outstanding achievement in aerospace See also * * * Canada (other) * Trans (other) Trans- is a Latin prefix meaning "across", "beyond", or "on the other side of". Used alone, trans may refer to: Arts, entertainment, and media * Trans (festival), a former festival in Belfast, Northern Ireland, United Kingdom * ''Trans'' (film ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enbridge
Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids. Enbridge's pipeline system is the longest in North America and the largest oil export pipeline network in the world. Its crude oil system consists of 28,661 kilometres (17,809 miles) of pipelines. Its 38,300 kilometre (23,800 mile) natural gas pipeline system connects multiple Canadian provinces, several US states, and the Gulf of Mexico. The company was formed by Imperial Oil in 1949 as the Interprovincial Pipe Line Company Limited to transport Alberta oil to refineries. Over time, it has grown through acquisition of other existing pipeline companies and the expansion of their projects. Between 2012 and 2021, Enbridge transported over 32 billion barrels of crude oil. Enbridge has built several renewable energy projects in North America an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
