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Petroleum Industry In Canada
Petroleum production in Canada is a major industry which is important to the economy of North America. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer and fourth largest oil exporter. In 2019 it produced an average of of crude oil and equivalent. Of that amount, 64% was upgraded from unconventional oil sands, and the remainder light crude oil, heavy crude oil and natural-gas condensate. Most of Canadian petroleum production is exported, approximately in 2019, with 98% of the exports going to the United States. Canada is by far the largest single source of oil imports to the United States, providing 43% of US crude oil imports in 2015. The petroleum industry in Canada is also referred to as the "Canadian Oil Patch"; the term refers especially to upstream operations (exploration and production of oil and gas), and to a lesser degree to downstream operations (refining, distribution, and selling of oil and gas products). In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Oil Production
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 and territo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upstream (oil Industry)
The oil and gas industry is usually divided into three major sectors: upstream (or exploration and production - E&P), ''midstream'' and ''downstream''. The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface. The upstream industry has traditionally experienced the highest number of Mergers, Acquisitions (M&A) and Divestitures. M&A activity for upstream oil and gas deals in 2012 totaled $254 billion in 679 deals. A large chunk of this M&A, 33% in 2012, was driven by the unconventional/shale boom especially in the US followed by Russia and then Canada. The aggregate value of Upstream E&P assets available for sale (Deals in Play) reached a record-high of $135 billion in Q3 2013. The value of Deals in Play doubled from $46 billion in 2009 to $90 billion in 2010. With ongoing M&A activity, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Canada
The history of Canada covers the period from the arrival of the Paleo-Indians to North America thousands of years ago to the present day. Prior to European colonization, the lands encompassing present-day Canada were inhabited for millennia by Indigenous peoples, with distinct trade networks, spiritual beliefs, and styles of social organization. Some of these older civilizations had long faded by the time of the first European arrivals and have been discovered through archeological investigations. From the late 15th century, French and British expeditions explored, colonized, and fought over various places within North America in what constitutes present-day Canada. The colony of New France was claimed in 1534 with permanent settlements beginning in 1608. France ceded nearly all its North American possessions to the United Kingdom in 1763 at the Treaty of Paris after the Seven Years' War. The now British Province of Quebec was divided into Upper and Lower Canada in 1791. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geology
Geology () is a branch of natural science concerned with Earth and other astronomical objects, the features or rocks of which it is composed, and the processes by which they change over time. Modern geology significantly overlaps all other Earth sciences, including hydrology, and so is treated as one major aspect of integrated Earth system science and planetary science. Geology describes the structure of the Earth on and beneath its surface, and the processes that have shaped that structure. It also provides tools to determine the relative and absolute ages of rocks found in a given location, and also to describe the histories of those rocks. By combining these tools, geologists are able to chronicle the geological history of the Earth as a whole, and also to demonstrate the age of the Earth. Geology provides the primary evidence for plate tectonics, the evolutionary history of life, and the Earth's past climates. Geologists broadly study the properties and processes of E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geography
Geography (from Greek: , ''geographia''. Combination of Greek words ‘Geo’ (The Earth) and ‘Graphien’ (to describe), literally "earth description") is a field of science devoted to the study of the lands, features, inhabitants, and phenomena of Earth. The first recorded use of the word γεωγραφία was as a title of a book by Greek scholar Eratosthenes (276–194 BC). Geography is an all-encompassing discipline that seeks an understanding of Earth and its human and natural complexities—not merely where objects are, but also how they have changed and come to be. While geography is specific to Earth, many concepts can be applied more broadly to other celestial bodies in the field of planetary science. One such concept, the first law of geography, proposed by Waldo Tobler, is "everything is related to everything else, but near things are more related than distant things." Geography has been called "the world discipline" and "the bridge between the human and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Geological Map-WCSB
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 and territo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petrolia, Ontario
Petrolia is a town in southwestern Ontario, Canada. It is part of Lambton County and is surrounded by Enniskillen Township. It is billed as "Canada's Victorian Oil Town" and is often credited with starting the oil industry in North America, a claim shared with the nearby town of Oil Springs. Lambton Central Collegiate & Vocational Institute (LCCVI) is located in Petrolia. History In 1857 James Miller Williams of Hamilton began distilling some of the "tar" lying around Oil Springs (located a few kilometers south from Petrolia), after buying the property rights from Charles Nelson Tripp. In July or August 1858 he struck an oil deposit in Oil Springs while digging a shallow well, sparking the oil drilling industry. In 2008, the 150th anniversary of the discovery, Canada Post issued a stamp commemorating this first commercial oil well, featuring portraits of Charles Tripp and Williams. However, these early wells resulted in a large amount of wastage from gushers, estimated at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Refinery
An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemicals feedstock like ethylene and propylene can also be produced directly by cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units, such as distillation colu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vertical Integration
In microeconomics, management and international political economy, vertical integration is a term that describes the arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different product or (market-specific) service, and the products combine to satisfy a common need. It contrasts with horizontal integration, wherein a company produces several items that are related to one another. Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership but also into one corporation (as in the 1920s when the Ford River Rouge Complex began making much of its own steel rather than buying it from suppliers). Vertical integration and expansion is desired because it secures supplies needed by the firm to produce its product and the market needed to sell the product. Vertical integration and expansion can become undesirable whe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edwin Drake
Edwin Laurentine Drake (March 29, 1819 – November 9, 1880), also known as Colonel Drake, was an American businessman and the first American to successfully drill for oil. Early life Edwin Drake was born in Greenville, New York on March 29, 1819, the son of Lyman and Laura Drake. He grew up on family farms around New York state and Castleton, Vermont before leaving home at the age of 19. He spent the early parts of his life working the railways around New Haven, Connecticut as a clerk, express agent and a conductor. During this time, in 1845, he married Philena Adams who died while giving birth to their second child in 1854. Drake remarried three years later to Laura Dowd, sixteen years his junior, in 1857. During this summer, illness prevented Drake from carrying on with his job. He retained the privileges of a train conductor, including free travel on the railroads. By 1858, the Drake family found themselves living in Titusville, Pennsylvania. Seneca Oil While petroleu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Springs, Ontario
Oil Springs is a village in Lambton County, Ontario, Canada, located along Former Provincial Highway 21 south of Oil City. The village, an enclave within Enniskillen Township, is the site of North America's first commercial oil well. It is home to the Oil Museum of Canada. History Before the village was formed, the indigenous people already knew about the gum beds and used the sticky oil to waterproof their canoes. The place, originally called Black Creek, became the site of North America's first commercial oil well when asphalt producer James Miller Williams set out to dig a water well in September 1858 and found free oil instead.''New York Times'' 1866-03-2 (JPG images) Williams' discovery triggered North America's first oil rush and the village's name was changed to Oil Springs that same year. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Miller Williams
James Miller Williams (September 14, 1818 – November 25, 1890) was a Canadian-American businessman and politician. Williams is best known for establishing the first commercially successful oil well in 1858 and igniting the first oil boom in North America. Williams is commonly viewed as the father of the petroleum industry in Canada. Early life James Miller Williams was born in Camden, New Jersey, on September 14, 1818, and apprenticed as a carriage maker.Norman R. Ball and Edward Phelps, “WILLIAMS, JAMES MILLER,” in ''Dictionary of Canadian Biography'', vol. 11, University of Toronto/Université Laval, 2003–, accessed June 10, 2020, http://www.biographi.ca/en/bio.php?id_nbr=5906 Alongside his family, Williams emigrated to London, Canada West in 1840, where he entered into a partnership with Marcus Holmes to build carriages. At some point, Williams bought out his partner, and in 1846, he moved his carriage business to Hamilton, where he established the Hamilton Coach ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
