Suncor
Suncor Energy Inc. () is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world. Suncor was created by Sun Oil in 1979 by the merger of its Canadian conventional and heavy oil companies, the Sun Oil Company and Great Canadian Oil Sands. Until 2010, Suncor marketed products and services to retail customers in Ontario through a downstream network of 780 company-owned, and 700 customer-operated retail and Diesel fuel sites, primarily in Ontario under the Sunoco brand (owing to Suncor having originally been established as a subsidiary of Sunoco). In 2009, Suncor acquired the former Crown corporation Petro-Canada, which replaced the Sunoco brand across its existing outlets. Suncor also markets through a retail network of Shell and ExxonMobil branded outlets in the United States. Predecessor companies Su ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Athabasca Oil Sands
The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of oil sands rich in bitumen, a heavy and viscous form of petroleum, in northeastern Alberta, Canada. These reserves are one of the largest sources of unconventional oil in the world, making Canada a significant player in the global energy market. As of 2023, Canada's oil sands industry, along with Western Canada and offshore petroleum facilities near Newfoundland and Labrador, continued to increase production and were projected to increase by an estimated 10% in 2024 representing a potential record high at the end of the year of approximately 5.3 million barrels per day (bpd). The surge in production is attributed mainly to growth in Alberta's oilsands. The expansion of the Trans Mountain pipelinethe only oil pipeline to the West Coastwill further facilitate this increase, with its capacity set to increase significantly, to 890,000 barrels per day from 300,000 bpd currently. Despite this growth, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Petro-Canada
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 and Petro-Canada shareholders receiving approximately 40 percent. The company retained the Suncor Energy name for the merged corporation and its upstream operations. It continues to use the Petro-Canada name nationwide. History Founding In 1973, world oil prices quadrupled due to the Arab oil embargo following the Yom Kippur War. The province of Alberta had substantial oil reserves, whose extraction had long been controlled by American corporations. The government of Canada Prime Minister Pierre Trudeau and the opposition New Democratic Party felt that these corporations geared most of their production to the American market, and as ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oil Sands
Oil sands are a type of unconventional petroleum deposit. They are either loose sands, or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and water, soaked with bitumen (a dense and extremely viscous form of petroleum). Significant bitumen deposits are reported in Canada, Kazakhstan, Russia, and Venezuela. The estimated worldwide deposits of oil are more than . Proven reserves of bitumen contain approximately 100 billion barrels, and total natural bitumen reserves are estimated at worldwide, of which , or 70.8%, are in Alberta, Canada. Crude bitumen is a thick, sticky form of crude oil, and is so viscous that it will not flow unless heated or diluted with lighter hydrocarbons such as light crude oil or natural-gas condensate. At room temperature, it is much like cold molasses. The Orinoco Belt in Venezuela is sometimes described as oil sands, but these deposits are non-bituminous, falling instead into the category of heavy or ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Commerce City, Colorado
Commerce City is a home rule municipality located in Adams County, Colorado, United States. The city population was 62,418 at the 2020 United States census, a 35.95% increase since the 2010 United States census. Commerce City is the 18th most populous municipality in Colorado. Commerce City is located north of Denver and is a part of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area and the Front Range Urban Corridor. Dick's Sporting Goods Park, a premier soccer stadium facility in Commerce City, hosts the Colorado Rapids of Major League Soccer. Commerce City is known for being the home of the Rocky Mountain Arsenal National Wildlife Refuge with its only entrance located in the city. History In 1859 after fighting in Bleeding Kansas, John D. "Colonel Jack" Henderson built a ranch, trading post, and hotel on Henderson Island in the South Platte River in Arapahoe County, Kansas Territory north of Denver, from which he sold meat and provisions to gold seeke ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sunoco
Sunoco LP is an American master limited partnership organized under Delaware General Corporation Law, Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy company to a distributor of gasoline, fuels and operator of energy infrastructure. It was previously engaged in petroleum, oil, natural gas exploration and Production (economics), production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses. The partnership was known as Sun Company, Inc. from 1886 to 1920 and 1976 to 1998, and as Sun Oil Co. from 1920 to 1976. The Sunoco name is a contraction of SUN Oil COmpany. Its current operational focus dates back to 2018, when it divested the noncore convenience store operations to 7-Eleven for $3.2 billion, which allowed for Sunoco LP to improve its financial position. The transaction also provided a long-term take or pay fuel supply agreement with 7-Eleven to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Synthetic Crude
Synthetic crude is the output from a bitumen/extra heavy oil upgrader facility used in connection with oil sand production. It may also refer to shale oil, an output from an oil shale pyrolysis. The properties of the synthetic crude depend on the processes used in the upgrading. Typically, it is low in sulfur and has an API gravity of around 30. It is also known as "upgraded crude". Synthetic crude is an intermediate product produced when an extra-heavy or unconventional oil source is upgraded into a transportable form. Synthetic crude is then shipped to oil refineries where it is refined into finished products. Synthetic crude may also be mixed, as a diluent, with heavy oil to create synbit. Synbit is more viscous than synthetic crude, but can also be a less expensive alternative for transporting heavy oil to a conventional refinery. Syncrude Canada, Suncor Energy Inc., and Canadian Natural Resources Limited are the three largest worldwide producers of synthetic crude with a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Great Canadian Oil Sands
Great Canadian Oil Sands Limited was a Canadian heavy oil company that existed between 1953 and 1979. In 1962, GCOS received a permit from the Alberta government to build a 31,500 barrels-per-day synthetic crude plant in the Athabasca oil sands. The following year, Sun Oil acquired an 83 percent stake in the company and in 1964 construction of the plant began. When GCOS opened its plant on 30 September 1967, it became the first company in the world to produce heavy oil commercially. In 1979, Sun merged its Canadian subsidiary, the Sun Oil Company, with GCOS to form Suncor Suncor Energy Inc. () is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public compan .... History Pre-history, 1920–1953 Great Canadian Oil Sands originated in the early 1920s, when a group of policemen from New York acquired oil leases in Atha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Calgary
Calgary () is a major city in the Canadian province of Alberta. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806 making it the third-largest city and fifth-largest metropolitan area in Canada. Calgary is at the confluence of the Bow River and the Elbow River in the southwest of the province, in the transitional area between the Rocky Mountain Foothills and the Canadian Prairies, about east of the front ranges of the Canadian Rockies, roughly south of the provincial capital of Edmonton and approximately north of the Canada–United States border. The city anchors the south end of the Statistics Canada-defined urban area, the Calgary–Edmonton Corridor. Calgary's economy includes activity in many sectors: energy; financial services; film and television; transportation and logistics; technology; manufacturing; aerospace; health and wellness; retail; and tourism. The Calgary Metropolitan Region is home to Canada' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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S&P/TSX 60
The S&P/TSX 60 Index is a stock market index of 60 large companies listed on the Toronto Stock Exchange. Launched on December 30, 1998 by the Canadian S&P Index Committee, a unit of S&P Dow Jones Indices, the index has components across nine sectors of the Canadian economy. The index forms the S&P/TSX Composite Index alongside the S&P/TSX Completion Index, as well as being the Canadian component of the S&P Global 1200. Constituents the constituents were: Sector weights The weighting of the Global Industry Classification Standard (GICS) as of May 10, 2024 are: TSX 60-based funds The iShares S&P/TSX 60 Index Fund () and the Global X S&P/TSX 60 Index ETF () are Canadian exchange-traded fund, exchange-traded index funds that are tied to the S&P/TSX 60. See also * S&P/TSX Composite Index * List of companies listed on the Toronto Stock Exchange * S&P Global 1200 * TSX Venture 50 *Jantzi Social Index References External links S&P/TSX 60 indexat Toronto Stock Exchange S&P/TSX 60 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Husky Energy
Husky Energy Inc. was a Canadian company engaged in hydrocarbon exploration, headquartered in Calgary, Alberta, Canada. It operated in Western and Atlantic Canada, the United States and the Asia Pacific region, with upstream and downstream business segments. In the 2020 Forbes Global 2000, Husky Energy was ranked as the 1443rd-largest public company in the world. In January 2021, Husky was acquired by Cenovus Energy. Its retail operations were sold to Federated Co-operatives and Parkland Corporation later that year. History Husky Energy was founded in 1938 in Cody, Wyoming as the Husky Refining Company, with the acquisition by Glenn Nielsen of assets of the 4-year-old Park Refining Company from founder Valentine Monroe Kirk. The first refinery was in Cody, with a second constructed later in Riverton, Wyoming. In 1946, the Company relocated to Canada, with the Riverton refinery moved to Lloydminster, Alberta to take advantage of the expanding asphalt and heavy oil opport ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Royal Bank Of Canada
Royal Bank of Canada (RBC; ) is a Canadian multinational Financial institution, financial services company and the Big Five (banks), largest bank in Canada by market capitalization. The bank serves over 20 million clients and has more than 100,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters in Toronto and its head office in Montreal. RBC's Routing number (Canada), institution number is 003. In November 2017, RBC was added to the Financial Stability Board's List of systemically important banks, list of global systemically important banks. In Canada, the bank's personal and commercial banking operations are branded as ''RBC Royal Bank'' in English and ''RBC Banque Royale'' in French and serves approximately 11 million clients through its network of 1,284 branches. RBC Bank is a US banking subsidiary which formerly operated 439 branches across six states in the Southeastern United States, but now only off ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |