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source for market cap, [4] source for profit. Data rounded to nearest million. . By market cap, Crescent Point Energy is the largest Canadian oil company never to make the global 500 list, according to Forbes ; Encana, Talisman Energy last made the Fortune 500 list in June 2011; Cenovus Energy dropped out December 2013.; CNRL 2013 annual production was estimated to be 671,162 bbl (106,706.2 m ...
The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of oil sands rich in bitumen, a heavy and viscous form of petroleum, in northeastern Alberta, Canada. These reserves are one of the largest sources of unconventional oil in the world, making Canada a significant player in the global energy market.
The Alberta Stock Exchange (ASE) was a stock exchange based in Calgary, Alberta, established in 1913. [1] It featured mostly mining, resource exploration, and oil sands stocks. The ASE was the original listing exchange for Bre-X, one of the biggest corporate frauds in Canadian history. [2]
Suncor's Base Mine is a key part of the company's operations in northern Alberta, producing around 200,000 barrels per day (bpd) of bitumen used to feed upgraders at its oil sands base plant that ...
They now supply the BC market from their large refineries near Edmonton, Alberta, which are closer to Canada's oil sands and largest oil fields. [ 30 ] In 2012, the Burnaby Refinery, owned at the time by Chevron , was said to be at risk of closure due to difficulties in getting oil supply; the capacity-limited Trans Mountain Pipeline was its ...
Norway's Equinor said on Wednesday it has sold its stake in Athabasca Oil, a Canadian firm producing carbon-intensive oil sands. Majority state-owned Equinor sold 100 million shares, representing ...
While Alberta's oil sands hold the promise of providing both the U.S. and Canada with greater energy security over the next several years, they also face some grave challenges. Some of the biggest ...
However the biggest constraint on oil sands development is a serious labor and housing shortage in Alberta as a whole and the oil sands centre of Fort McMurray in particular. According to Statistics Canada , by September, 2006 unemployment rates in Alberta had fallen to record low levels [ 7 ] and per-capita incomes had risen to double the ...