Hudson's Bay Oil And Gas Company
Hudson's Bay Oil and Gas Company Limited was a Canadian non-integrated petroleum company that operated between 1926 and 1982. Originally called the Hudson's Bay Marland Oil Company (HBMOC), it was founded as a joint venture between the Hudson's Bay Company and the Marland Oil Company with the purpose of producing oil on land where the HBC held mineral rights. In 1929 the Continental Oil Company (Conoco) purchased Marland Oil and reformed the HBMOC as the Hudson's Bay Oil and Gas Company (HBOG). By the 1960s HBOG had become the third largest oil producer in Canada. Between 1981 and 1982, Dome Petroleum, also based in Calgary, acquired HBOG for $4 billion in what was then the most expensive takeover in Canadian history. The purchase by Dome ultimately contributed to its own demise in 1988, at which time it was acquired by Amoco Canada. History Partnership with Marland The Hudson's Bay Company, founded in 1670, is one of Canada's oldest businesses and played a major part in the c ...
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Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ...
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National Energy Program
The National Energy Program (french: Programme énergétique national, NEP) was an energy policy of the Canadian federal government from 1980 to 1985. Created under the Liberal government of Prime Minister Pierre Trudeau by Energy Minister Marc Lalonde in 1980, the program was administered by the Department of Energy, Mines and Resources. Introduced following the oil crises and stagflation of the 1970s, the NEP proved to be a highly controversial policy initiative that pitted centralized economic nationalism and federal aspirations of energy self-sufficiency against provincial jurisdiction with hundreds of billions of dollars in oil revenue at stake. The result was a dispute that sparked intense opposition and anger in Canada's West, particularly in Alberta, and the rise of the Reform Party, a development that would shape Canadian politics for years to come. Background In his preamble to the announcement of the National Energy Program, introduced as part of the October 1980 fed ...
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Oil And Gas Companies
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world’ ...
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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 ...

Non-renewable Resource Companies Established In 1926
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 elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when 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 resources. The metals themselves are present ...
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Non-renewable Resource Companies Disestablished In 1982
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 elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when 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 resources. The metals themselves are present i ...
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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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Gerald Maier
Gerald James Maier, (born September 22, 1928) is a Canadian petroleum executive. He is the former Chairman, President and CEO of TransCanada PipeLines Ltd. Maier was born and raised in Wilcox, Saskatchewan. He attended the Athol Murray College of Notre Dame and then the University of Alberta. He has been chairman of the board of regents of his high school since 1997. In 2003, he was made an Officer of the Order of Canada The Order of Canada (french: Ordre du Canada; abbreviated as OC) is a Canadian state order and the second-highest honour for merit in the system of orders, decorations, and medals of Canada, after the Order of Merit. To coincide with the ... as "a recognized leader in the exploration, acquisition and sustainable development of our natural gas and crude oil reserves". Maier was also awarded the Canadian Engineering Leader Award, presented by the University of Calgary's Schulich School of Engineering. Maier was a member of the board of directors for the ...
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Jack Gallagher (oilman)
John Edward Patrick Gallagher, OC (16 July 1916 – 16 December 1998) was a Canadian oilman who from 1950 to 1983 was the head of Dome Petroleum. Gallagher is best remembered for leading extensive explorations in the Beaufort Sea in the late 1970s. Biography Early years and university Jack Gallagher was born in Winnipeg on 16 July 1916. In 1933 he graduated from St. John's High School. In the fall of 1933 Gallagher entered the University of Manitoba, studying engineering. Fearful about his prospects of getting a job in construction during the Great Depression, he later transferred to studying geology. During the summer of 1936, Gallagher worked for the Geological Survey of Canada in northern Manitoba. This first encounter with the north would inspire his return there later in his career. Career beginnings Upon graduating in 1937, Gallagher hitched a ride to Washington state and got a job selling Caterpillar tractors. After a year, Gallagher moved to California, where he go ...
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