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While Edmonton (population 972,223 thousand in 2019 [20]) is the provincial capital and is considered the pipeline, manufacturing, chemical processing, research and refining centre of the Canadian oil industry, its rival city Calgary (population 1.26 million [20]) is the main oil company head office and financial centre, with more than 960 ...
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 ...
It was created in 1927 as a result of a merger between two companies, McColl Brothers, founded by John McColl in 1873 as McColl and Anderson, and Frontenac Oil Refineries of Montreal. Shares in the new company were acquired by the Texas Company and by 1941 it had acquired a majority ownership position of McColl-Frontenac. On 2 February 1959 the ...
More than 50% of crude oil imported to the U.S. comes from Canada, up from 33% in 2013. The increase follows a jump in production from Canada’s western provinces and growing pipeline capacity to ...
Production in the other major OECD producers (the United States, United Kingdom, Norway and Mexico) at that time have been declining, as was conventional oil production in Canada. Total crude oil production in Canada was projected to increase by an average of 8.6 percent per year from 2008 to 2011 as a result of new non-conventional oil projects.
Murphy Oil Corporation is an American energy company engaged in hydrocarbon exploration headquartered in Houston, Texas. [ 2 ] The company is ranked 625th on the Fortune 500 [ 3 ] and 1860th on the Forbes Global 2000 .
The Canadian Energy Pipeline Association (CEPA), whose 2019 members included Alliance Pipeline (natural gas), ATCO Pipelines (natural gas), Enbridge, Inter Pipeline, Pembina Pipeline (oil and natural gas), Plains All American Pipeline known also as Plains Midstream Canada, TC Energy (oil and natural gas), TransGas's TransGas Pipelines, Trans Mountain pipeline, Trans Northern Pipelines, and ...
TC Energy was known as TransCanada before rebranding in 2019. The company was incorporated in 1951 by a Special Act of Parliament as Trans-Canada Pipe Lines Limited. [10] In 1954 N. Eldon Tanner, president of Merrill Petroleums and former Alberta legislator, became president of the company. [11]