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The Job Bank is an employment website operated by Employment and Social Development Canada. It provides an online database of job listings in Canada , as well as other employment services and information for recruiters and job seekers, including career planning, resume creation, job matching, and notifications.
As of 2009, Syncrude and Irving Oil were leaders in the Canadian industry, with Syncrude being the top producer of oil sands crude and Irving Oil operating the largest oil refinery in the country. [5] Canadian oil company profits quickly recovered following the 2008 financial crisis; In 2009 they were down 90% but in 2010 they reached $8.4 billion.
As of 2023, Canada's oil sands industry, along with Western Canada and offshore petroleum facilities near Newfoundland and Labrador, continued to increase production and were projected to increase by an estimated 10% in 2024 representing a potential record high at the end of the year of approximately 5.3 million barrels per day (bpd). [26]
Oil sands were by then the source of 62% of Alberta's total oil production and 47% of all oil produced in Canada. [33] As of 2010, oil sands production had increased to over 1.6 million barrels per day (250,000 m 3 /d) to exceed conventional oil production in Canada. 53% of this was produced by surface mining and 47% by in-situ techniques.
MEG Energy is a pure play Canadian oil sands producer engaged in exploration in Northern Alberta.All of its oil reserves are more than 1,000 feet (300 m) below the surface, so they depend on steam-assisted gravity drainage and associated technology to produce (heavy bitumen must first be brought to the surface).
Great Canadian Oil Sands was incorporated on 29 December 1953, however, the company originated in several previous ventures dating back to 1920. In 1962, GCOS received a permit from the Government of Alberta to build a plant in the Athabasca Oil Sands. The following year, Sun purchased a majority stake in GCOS. The GCOS plant went online in 1967.
Mining at the Abasand plant began May 19, 1941. By the end of September, 18,475 tonnes of oil sand had produced 2,690 cubic metres of oil, but in November fire destroyed the plant. Rebuilt on a larger scale, it was fully operational in June 1942. In 1943, the federal government decided to aid oil sands development, and took over the Abasand plant.
Pathways Alliance or Oil Sands Pathways Alliance is a consortium established on June 15, 2022 [1] of Canada's largest oil sands producers—Canadian Natural Resources, Cenovus Energy, Imperial Oil, MEG Energy, Suncor Energy and ConocoPhillips—with the goal of achieving "net-zero by 2050". Together these companies represent about 95% of ...