Great Canadian Oil Sands
Great Canadian Oil Sands Limited was a Canadian heavy oil company that existed between 1953 and 1979. In 1962, GCOS received a permit from the Alberta government to build a 31,500 barrels-per-day synthetic crude plant in the Athabasca oil sands. The following year, Sun Oil acquired an 83 percent stake in the company and in 1964 construction of the plant began. When GCOS opened its plant on 30 September 1967, it became the first company in the world to produce heavy oil commercially. In 1979, Sun merged its Canadian subsidiary, the Sun Company of Canada, with GCOS to form Suncor. History Pre-history, 1920–1953 Great Canadian Oil Sands originated in the early 1920s, when a group of policemen from New York acquired oil leases in Athabasca and formed the Alcan Oil Company. In 1923, the group sold the venture to Robert Cosmas Fitzsimmons (1881-1971). Fitzsimmons spent the next several years drilling on the leases he had acquired, but was unsuccessful. Inspired by the work of ...
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Heavy Oil Production
Heavy oil production is a developing technology for extracting heavy oil in industrial quantities. Estimated reserves of heavy oil are over 6 trillion barrels, three times that of conventional oil and gas. Factors that affect the difficulty of putting reserves into production include permeability, porosity, depth and pressure. The density and viscosity of the oil is the determining factor. Density and viscosity determine the method of extraction. Oil viscosity varies with temperature and determines the ease of extraction; temperature can be controlled so that oil can be moved without employing additional techniques. Density is more important for refiners since it represents the yield after distillation. However, no relationship links the two. Oil reservoirs exist at varying depths and temperatures. Although viscosity varies significantly with temperature, density is the standard in oilfield classification. Crude oil density is commonly expressed in degrees of American Petroleum ...
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Canadian Companies Established In 1953
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. Following the initial period of French and then the much larger British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian identity. Canada has also been strongly influenced by its linguistic, geographic, and eco ...
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Non-renewable Resource Companies Established In 1953
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual Chemical element, elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when Sustainable forest management, harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable ...
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Defunct Oil Companies
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...

Defunct Oil And Gas Companies Of Canada
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...

Defunct Energy Companies Of Canada
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...

Defunct Companies Of Canada
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...

Companies Based In Calgary
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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1979 Disestablishments In Alberta
Events January * January 1 ** United Nations Secretary-General Kurt Waldheim heralds the start of the ''International Year of the Child''. Many musicians donate to the ''Music for UNICEF Concert'' fund, among them ABBA, who write the song ''Chiquitita'' to commemorate the event. ** The United States and the People's Republic of China establish full Sino-American relations, diplomatic relations. ** Following a deal agreed during 1978, France, French carmaker Peugeot completes a takeover of American manufacturer Chrysler's Chrysler Europe, European operations, which are based in United Kingdom, Britain's former Rootes Group factories, as well as the former Simca factories in France. * January 7 – Cambodian–Vietnamese War: The People's Army of Vietnam and Vietnamese-backed Kampuchean United Front for National Salvation, Cambodian insurgents announce the fall of Phnom Penh, Cambodia, and the collapse of the Pol Pot regime. Pol Pot and the Khmer Rouge retreat west to an area ...
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Suncor
Suncor Energy (french: Suncor Énergie) is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world. Suncor was created by Sun Oil in 1979 as the merger of its Canadian conventional and heavy oil companies, the Sun Oil Company Limited and Great Canadian Oil Sands Limited. Until 2010, Suncor marketed products and services to retail customers in Ontario through a downstream network of 780 company-owned, and 700 customer-operated retail and Diesel fuel sites, primarily in Ontario under the Sunoco brand (owing to Suncor having originally been established as a subsidiary of Sunoco). In 2009, Suncor acquired the former Crown corporation Petro-Canada, which replaced the Sunoco brand across its existing outlets. Suncor also markets through a retail network of Shell and ExxonMobil branded outlets in Colorad ...
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1953 Establishments In Alberta
Events January * January 6 – The Asian Socialist Conference opens in Rangoon, Burma. * January 12 – Estonian émigrés found a government-in-exile in Oslo. * January 14 ** Marshal Josip Broz Tito is chosen President of Yugoslavia. ** The CIA-sponsored Robertson Panel first meets to discuss the UFO phenomenon. * January 15 – Georg Dertinger, foreign minister of East Germany, is arrested for spying. * January 19 – 71.1% of all television sets in the United States are tuned into ''I Love Lucy'', to watch Lucy give birth to Little Ricky, which is more people than those who tune into Dwight Eisenhower's inauguration the next day. This record has yet to be broken. * January 20 – Dwight D. Eisenhower is sworn in as the 34th President of the United States. * January 24 ** Mau Mau Uprising: Rebels in Kenya kill the Ruck family (father, mother, and six-year-old son). ** Leader of East Germany Walter Ulbricht announces that agriculture will be collectiv ...
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Bitumount
Bitumount is an abandoned industrial site on the east bank of the Athabasca River about north of Fort McMurray in northeastern Alberta, Canada. Between 1925 and the 1950s, it was the site of early attempts to extract bitumen from the Athabasca oil sands that contributed to the development of commercially viable extraction processes. The site closed permanently in 1958. Some of the structures at Bitumont were declared Provincial Historic Resources in 1974. As of 2017, the buildings are deteriorating. History Work at the site commenced after Robert Cosmas Fitzsimmons incorporated the International Bitumen Company Limited in 1925. Fitzsimmons named the site Bitumount, and by 1930 he had constructed a small oil extraction plant there. It was situated on the edge of the Athabasca River, which was the major transportation corridor in the region at that time. The raw oil sand was crushed and heated in hot water, and the oily substance that rose to the surface was skimmed off. The com ...
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