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Petro-Canada (colloquially known as Petro-Can) is a retail and wholesale marketing brand subsidiary of Suncor Energy. Until 1991, it was a federal Crown corporation (a state-owned enterprise ). In August 2009, Petro-Canada merged with Suncor Energy, with Suncor shareholders receiving approximately 60 percent ownership of the combined company ...
This is a list of notable automotive fuel retailers ("petrol" or "gasoline", "diesel", etc.) and their controlling oil companies.The format of this page is based on current ownership and where they largely operate:
In 1981, Petrofina sold its Canadian retail operations in eastern Canada to the Canadian government and became part of Petro-Canada. [2] Petrofina merged with Total S.A. of France to form TotalFina and with Elf in 2000 to form TotalFinaElf. The company's current name is TotalEnergies (since 2021). [3] [4]
Gulf Canada remained in existence after the 1985 acquisition of Gulf Oil by Chevron. However, in 1986 Gulf Canada sold its retail operations, which included 900 gas stations, to Petro-Canada. In 2001, Conoco purchased Gulf Canada for C$6.7 billion in what was then the largest oil and gas transaction in Canadian history. The company then became ...
On 27 April 1984, BP Resources Canada changed its name to BP Canada Inc., the name of the company prior to the Petro-Canada sale. BP Canada's performance fluctuated through the 1980s. In 1987 its profits were a record $44.6 million, yet, the following year they decreased to $10.3 million.
The Oakville Refinery (also known as Petro Canada Oakville Refinery) was a refinery located on the border of Oakville and Burlington in Ontario, Canada. The refinery was commissioned in 1958 by Cities Service Company. It had an initial capacity 25,000 barrels per day (4,000 m 3 /d). In 1963, the refinery was acquired by BP. [1]
Suncor Energy completed merger with Canada's 11th largest company Petro Canada on August 1, 2009 in a 21 billion dollar deal to form the largest oil and second largest company overall in Canada. [66] [67] At the time of the merger it had a market capitalization of $43 billion and held the biggest position in Alberta's oil sands. [68]
The Suncor Energy Centre, [5] formerly the Petro-Canada Centre, is a 181,000-square-metre (1,950,000 sq ft) project composed of two granite and reflective glass-clad office towers of 32 floors and 52 floors, in the office core of downtown Calgary, Alberta.