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Petroleum Industry In Canada
Petroleum production in Canada is a major industry which is important to the overall 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 the 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 ... [...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, making it the world's second-largest country by total area, with the world's longest coastline. Its border with the United States is the world's longest international land border. The country is characterized by a wide range of both meteorologic and geological regions. With a population of over 41million people, it has widely varying population densities, with the majority residing in urban areas and large areas of the country being sparsely populated. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upstream (oil Industry)
The oil and gas industry is usually divided into three major sectors: upstream (also called exploration and production or 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 act ... [...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. The lands encompassing present-day Canada have been 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 by Jacques Cartier, with permanent settlements beginning in 1608. France ceded nearly all its North American possessions to Great Britain 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 two pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geology
Geology (). is a branch of natural science concerned with the Earth and other astronomical objects, the rocks of which they are composed, and the processes by which they change over time. Modern geology significantly overlaps all other Earth sciences, including hydrology. It is integrated with 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. Geologists study the mineralogical composition of rocks in order to get insight into their history of formation. Geology determines the relative ages of rocks found at a given location; geochemistry (a branch of geology) determines their absolute ages. By combining various petrological, crystallographic, and paleontological tools, geologists are able to chronicle the geological history of the Earth as a whole. One aspect is to demonstrate the age of the Earth. Geology provides evidence for plate tectonics, the ev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geography
Geography (from Ancient Greek ; combining 'Earth' and 'write', literally 'Earth writing') is the study of the lands, features, inhabitants, and phenomena of Earth. Geography is an all-encompassing discipline that seeks an understanding of Earth and world, 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 Astronomical object, celestial bodies in the field of planetary science. Geography has been called "a bridge between natural science and social science disciplines." Origins of many of the concepts in geography can be traced to Greek Eratosthenes of Cyrene, who may have coined the term "geographia" (). The first recorded use of the word Geography (Ptolemy), γεωγραφία was as the title of a book by Greek scholar Claudius Ptolemy (100 – 170 AD). This work created the so-called "Ptolemaic tradition" of geography, w ... [...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, making it the world's second-largest country by total area, with the world's longest coastline. Its border with the United States is the world's longest international land border. The country is characterized by a wide range of both meteorologic and geological regions. With a population of over 41million people, it has widely varying population densities, with the majority residing in urban areas and large areas of the country being sparsely populated. 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 ... [...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, Ontario, Enniskillen Township. It is billed as "Canada's Victorian Oil Town" and is often credited with starting the Petroleum industry, oil industry in North America, a claim shared with the nearby town of Oil Springs, Ontario, Oil Springs. Lambton Central Collegiate & Vocational Institute (LCCVI) is located in Petrolia. History In 1857, James Miller Williams of Hamilton, Ontario, Hamilton began distilling some of the "tar" lying around Oil Springs, Ontario, 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 stamp releases (2005-2009), Canada Post issued a stamp commemorating this first commercial oil well, f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Refinery
An oil refinery or petroleum refinery is an industrial processes, industrial process Factory, plant where petroleum (crude oil) is transformed and refining, refined into products such as gasoline (petrol), diesel fuel, Bitumen, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemical feedstock like ethylene and propene, propylene can also be produced directly by Cracking (chemistry), 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 b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vertical Integration
In microeconomics, management and international political economy, vertical integration, also referred to as vertical consolidation, is an 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 (business), 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 can be desirable because it secures supplies needed by the firm to produce its product and the market needed to sell the product, but it can become undesirable wh ... [...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 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 conductor. Drake was a Freemason. Career Seneca Oil While petroleum oil was known prior to this, there was no appreciable market for it. Samuel Kier is credited with founding the first American oil refinery in Pittsburgh. He was the first person in the United States to refine crude oil into kerosene. Along with a new lamp to burn Kier's product, a new market to replace whale oil as a lamp oil began to develop. Seneca Oil Company, originally called the Pennsylvania Rock O ... [...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 Coa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
