Search results
Results from the WOW.Com Content Network
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 ...
The Suncor Energy (Petro Canada) refinery near Edmonton has a capacity of 142,000 barrels per day (22,600 m 3 /d) of crude oil. The Imperial Oil Strathcona Refinery near Edmonton has a capacity of 187,200 barrels per day (29,760 m 3 /d). The Shell Canada Scotford Refinery near Edmonton has a capacity of 100,000 barrels per day (16,000 m 3 /d).
The last major expansion of the refinery occurred in 2005 when Petro-Canada made the decision to close a smaller refinery operating in Oakville, Ontario and consolidate the Eastern Canada operations in Montreal. A very substantial investment in the Montreal refinery was made to expand the capacity of that facility to approximately 130,000 bpd.
This page was last edited on 15 November 2020, at 00:16 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 ...
On March 23, 2009, Suncor announced its intent to acquire Petro-Canada. [11] [12] This merger created a company with a combined market capitalization of C$43.3 billion. On June 4, 2009, a 98% approval rate was reached by Suncor's shareholders for the acquisition of Petro-Canada and the Competition Bureau approved the merger on June 21, 2009.
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]
In January 1976, Hopper became the first president of the new crown corporation Petro-Canada. In 1978 he gained the additional title of chairman of the board, and in 1979 ceded the presidency. Hopper remained chairman of Petro-Canada until 1993, when he was succeeded by Alfred Edwin Barroll.