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Sturgeon Refinery
The Sturgeon Refinery also NWR Sturgeon Refinery is an crude oil upgrader—built and operated by North West Redwater Partnership (NWRP) in a public private partnership with the Alberta provincial government. It is located in Sturgeon County northeast of Edmonton, Alberta, in Alberta's Industrial Heartland. Premier Jason Kenney announced on July 6, 2021, that the province of Alberta had acquired NWRP's equity stake, representing 50% of the $10-billion project, with the other 50% owned by Canadian Natural Resources. Ownership and organization The Sturgeon refinery is owned and operated by the Canadian Natural Resources Ltd. and the Alberta government. On July 6, 2021 Premier Jason Kenney announced that the province of Alberta had acquired a 50% "equity stake" in the Sturgeon Refinery through the APMC, which now owns the "stake previously owned by Calgary-based North West Refining Inc." In the Financial Post article reporting the acquisition, the refinery was described as "ove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberta Carbon Trunk Line System
The Alberta Carbon Trunk Line (ACTL) is a pipeline owned and operated Wolf Midstream, which is in length and part of a $CDN1.2 billion system that captures carbon dioxide from industrial emitters in the Alberta's Industrial Heartland and transports it to "central and southern Alberta for secure storage" in "aging reservoirs", and enhanced oil recovery (EOR) projects. The pipeline, upstream carbon capture infrastructure and downstream EOR project, which is owned and operated by Enhance Energy, came online on June 2, 2020 and are part of the ACTL System, which is the largest carbon capture and storage (CCS) system" in Alberta, Canada. Background In September 2010, the Canadian Environmental Assessment Agency (CEAA) approved the project. The ACTL, which was partially financed through federal government programs and the Canada Pension Plan Investment Board (CPPIB) was constructed and is owned and operated Wolf Midstream. CPPIB is Wolf Midstream's principal investor. Funding in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ed Stelmach
Edward Michael Stelmach (; born May 11, 1951) is a Canadian politician and served as the 13th premier of Alberta, from 2006 to 2011. The grandson of Ukrainian immigrants, Stelmach was born and raised on a farm near Lamont and fluently speaks the distinctive Canadian dialect of Ukrainian. He spent his entire pre-political adult life as a farmer, except for some time spent studying at the University of Alberta. His first foray into politics was a 1986 municipal election, when he was elected to Lamont County council. A year into his term, he was appointed reeve. He continued in this position until his entry into provincial politics. In the 1993 provincial election, Stelmach was elected as the Member of the Legislative Assembly (MLA) for Vegreville-Viking (later Fort Saskatchewan-Vegreville). A Progressive Conservative, he served in the cabinets of Ralph Klein—at various times holding the portfolios of Intergovernmental Relations, Transportation, Infrastructure, and Agricu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Conservative Association Of Alberta
The Progressive Conservative Association of Alberta (often referred to colloquially as Progressive Conservative Party of Alberta) was a provincial centre-right party in the Canadian province of Alberta that existed from 1905 to 2020. The party formed the provincial government, without interruption, from 1971 until the party's defeat in the 2015 provincial election under premiers Peter Lougheed, Don Getty, Ralph Klein, Ed Stelmach, Alison Redford, Dave Hancock and Jim Prentice. At 44 years, this was the longest unbroken run in government at the provincial or federal level in Canadian history. In July 2017, the party membership of the PC and the Wildrose Party voted to approve a merger to become the United Conservative Party (UCP). Due to previous legal restrictions that did not formally permit parties to merge or transfer their assets, the PC Party and Wildrose Party maintained a nominal existence and ran one candidate each in the 2019 election, in which the UCP won a majority, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberta Royalty Review
The 2007 Alberta Royalty Review was an independent panel, chaired by William M. Hunter, established by the government of Alberta to review the level of resource royalties collected by the provincial government from petroleum and natural gas companies. In their final report entitled "Our Fair Share" released on September 18, 2007 the panel concluded that Albertans, who own their natural resources, were not receiving their "fair share" from energy development. Royalty rates and formulas had "not kept pace with changes in the resource base and world energy markets." As a result of the review new regulations came into effect under the Alberta Mines and Minerals Act including the Petroleum Royalty Regulation, 2009, and the Natural Gas Royalty Regulation, 2009. The government of Alberta expected to collect approximately $2 billion annually with new royalty formulas implemented in 2009. Instead of an increase in royalties on oil and gas, Alberta collected $13.5 billion less from 2009 to 201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Propane
Propane () is a three-carbon alkane with the molecular formula . It is a gas at standard temperature and pressure, but compressible to a transportable liquid. A by-product of natural gas processing and petroleum refining, it is commonly used as a fuel in domestic and industrial applications and in low-emissions public transportation. Discovered in 1857 by the French chemist Marcellin Berthelot, it became commercially available in the US by 1911. Propane is one of a group of liquefied petroleum gases (LP gases). The others include butane, propylene, butadiene, butylene, isobutylene, and mixtures thereof. Propane has lower volumetric energy density, but higher gravimetric energy density and burns more cleanly than gasoline and coal. Propane gas has become a popular choice for barbecues and portable stoves because its low −42 °C boiling point makes it vaporise inside pressurised liquid containers (2 phases). Propane powers buses, forklifts, taxis, outboard boat motors, and ic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Butane
Butane () or ''n''-butane is an alkane with the formula C4H10. Butane is a gas at room temperature and atmospheric pressure. Butane is a highly flammable, colorless, easily liquefied gas that quickly vaporizes at room temperature. The name butane comes from the root but- (from butyric acid, named after the Greek word for butter) and the suffix -ane. It was discovered by the chemist Dr. Walter Snelling in 1912. It was found dissolved in crude petroleum in 1864 by Edmund Ronalds, who was the first to describe its properties. Butane is one of a group of liquefied petroleum gases (LP gases). The others include propane, propylene, butadiene, butylene, isobutylene, and mixtures thereof. Butane burns more cleanly than gasoline and coal. Density The density of butane is highly dependent on temperature and pressure in the reservoir. For example, the density of liquid phase is 571.8±1 kg/m3 (for pressures up to 2MPa and temperature 27±0.2 °C), while the density of liq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diesel Fuel
Diesel fuel , also called diesel oil, is any liquid fuel specifically designed for use in a diesel engine, a type of internal combustion engine in which fuel ignition takes place without a spark as a result of compression of the inlet air and then injection of fuel. Therefore, diesel fuel needs good compression ignition characteristics. The most common type of diesel fuel is a specific fractional distillate of petroleum fuel oil, but alternatives that are not derived from petroleum, such as biodiesel, biomass to liquid (BTL) or gas to liquid (GTL) diesel are increasingly being developed and adopted. To distinguish these types, petroleum-derived diesel is sometimes called petrodiesel in some academic circles. In many countries, diesel fuel is standardised. For example, in the European Union, the standard for diesel fuel is EN 590. Diesel fuel has many colloquial names; most commonly, it is simply referred to as ''diesel''. In the United Kingdom, diesel fuel for on-road use is c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ultra-low-sulfur Diesel
Ultra-low-sulfur diesel (ULSD) is diesel fuel with substantially lowered sulfur content. Since 2006, almost all of the petroleum-based diesel fuel available in Europe and North America has been of a ULSD type. The move to lower sulfur content allows for the application of advanced emissions control technologies that substantially lower the harmful emissions from diesel combustion. Testing by engine manufacturers and regulatory bodies have found the use of emissions control devices in conjunction with ULSD can reduce the exhaust output of ozone precursors and particulate matter to near-zero levels. In 1993 the European Union began mandating the reduction of diesel sulfur content and implementing modern ULSD specifications in 1999. The United States started phasing in ULSD requirements for highway vehicles in 2006, with implementation for off-highway applications, such as locomotive and marine fuel, beginning in 2007. Lubricity Sulfur is not a lubricant in and of itself, but it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitumen
Asphalt, also known as bitumen (, ), is a sticky, black, highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product, and is classed as a pitch. Before the 20th century, the term asphaltum was also used. Full text at Internet Archive (archive.org) The word is derived from the Ancient Greek ἄσφαλτος ''ásphaltos''. The largest natural deposit of asphalt in the world, estimated to contain 10 million tons, is the Pitch Lake located in La Brea in southwest Trinidad (Antilles island located on the northeastern coast of Venezuela), within the Siparia Regional Corporation. The primary use (70%) of asphalt is in road construction, where it is used as the glue or binder mixed with aggregate particles to create asphalt concrete. Its other main uses are for bituminous waterproofing products, including production of roofing felt and for sealing flat roofs. In material sciences and engineering, the terms "asphalt" an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
