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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 Pembina Institute suggested that the huge investments by many companies in Canadian oil sands leading to increased production results in excess bitumen with no place to store it. It added that by 2022 a month's output of waste-water could result in a 11-foot-deep (3 m) toxic reservoir the size of New York City's Central Park [840.01 acres ...
Naturally occurring bitumen is chemically more similar to asphalt than to coal tar, and the term oil sands (or oilsands) is more commonly used by industry in the producing areas than tar sands because synthetic oil is manufactured from the bitumen, [20] and due to the feeling that the terminology of tar sands is less politically acceptable to ...
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 ...
This is a list of articles related to Canadian oil sands: Athabasca oil sands; Black Bonanza; BP § Canadian oil sands; Canadian Centre for Energy Information; Canadian oil sands (disambiguation) Climate change in Canada; Cold Lake oil sands; Environmental impact of mining; History of Alberta § oil sands
In recent years, Canadian oil sands producers' performance has significantly lagged that of its peers targeting U.S. tight oil formations, such as Texas' Eagle Ford and North Dakota's Bakken. Part ...
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 ...
Originally developed by Great Canadian Oil Sands, a majority-owned subsidiary of Sun Oil, it is now wholly owned by the independent Suncor. It was the first commercial development on the Athabasca oil sands , although small, earlier projects like that at Bitumount also played a role in development.