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At the time, Nexen's 2.5 billion boe reserves would've ranked 8th among Canada's oil companies. [92] When Nexen was created in 1971 it was a subsidiary of the American company Occidental Petroleum called Canadian Occidental Petroleum. After taking over a number of smaller companies in Canada while increasing their international holdings they ...
Mohawk Oil was an oil recycling and chain of gas stations in Canada that is wholly owned by Husky Energy.Mohawk was an independent chain of gas stations started in 1960 by Hugh Sutherland, [1] which began to invest in oil recycling and built their first recycling plant in 1980 to recycle oil from across western Canada, which it would supply to third parties and oil products.
Canada had one of the world’s first oil pipelines in 1862 when a pipeline was built to deliver oil from Petrolia, Ontario to refineries at Sarnia, Ontario. However, Ontario's oil fields began to decline toward the end of the 19th century, and by World War II Canada was importing 90% of its oil.
On 2 February 1959 the company was renamed Texaco Canada Limited, which on 1 June 1978 became Texaco Canada Incorporated. McColl-Frontenac was known for its branding of its oil and products as "Red Indian." In 1989, Texaco Canada was acquired by Imperial Oil. Non retail operations continued as Texaco Canada Petroleum Incorporated until 1995.
For many years Canadian Oil Companies had its head offices in the Terminal Building on the Toronto waterfront. While Canadian Oil was a tenant, the building displayed prominent White Rose Gasoline and En-Ar-Co Motor Oil signs on the roof. In June 1947 Canadian purchased the Goodyear Building at 204 Richmond Street West.
This page was last edited on 9 September 2015, at 10:16 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The Government of Canada collects about $5 billion per year in excise taxes on gasoline, diesel, and aviation fuel [21] as well as approximately $1.6 billion per year from GST revenues on gasoline and diesel (net of input tax credits). The Canada Revenue Agency, a part of the government, collects these taxes.
Old World Industries (OWI) is an American automotive and chemical company best known for their PEAK brand of motor oil, antifreeze and other automotive products. The company markets itself as an "independent, family-owned business". It sells products in over 60 countries. [2] [3] [4] [5]
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