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Gulf Oil Corporation began operating in Canada in 1942, and two years later formed a Canadian subsidiary called the Canadian Gulf Oil Company. In 1956 Canadian Gulf Oil merged with the British American Oil Company (of which Gulf Oil was the controlling shareholder) and until 1969 operated under the British American name.
Gear oil is a lubricant made specifically for transmissions, transfer cases, and differentials in automobiles, trucks, and other machinery.It has high viscosity and usually contains organosulfur compounds.
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 refinery was constructed by British-American Oil Company in the 1930s to process crude oil imported from Texas. [1] It was shut down by B/A's successor company, Gulf Canada, in 1983. Ultramar Canada purchased the 74,000 b/d capacity facility. [2] refinery from Gulf Canada in 1986 and closed it soon after with the loss of 450 jobs. [3]
CNOOC Petroleum North America ULC, formerly known as Nexen, is a Canadian oil and gas company based in Calgary, Alberta.. Originally the Canadian subsidiary of US-based Occidental Petroleum (known as Canadian Occidental Petroleum or CanOxy), it became an independent company, Nexen, in 2000.
In 1957, it donated the site for the construction of the Oil Museum of Canada; the museum opened in 1960 and continues to operate today. Both refineries that Canadian built still exist. Shell Canada has continued to use the Sarnia refinery since 1962. The Bowden oil refinery closed in 2001, although the gas processing plant continued to run.
The company opened offices in Montreal and began importing American products to Canada for sale. On 31 March 1923, Sun incorporated a Canadian subsidiary, the Sun Oil Company Limited. In 1932, the company transferred its headquarters from Montreal to Toronto. In 1950 the Sun Oil Company drilled its first successful Canadian oil well in Alberta.
In April 2014, the company acquired the conventional assets in Canada of Devon Energy for C$3.125 billion. [17] In 2017, the company acquired the Canadian oil sands assets of Royal Dutch Shell, including a 70% working interest in the Athabasca Oil Sands Project, for $5.3 billion in cash plus 97,560,975 shares. The shares were sold in 2018.
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