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CNOOC Petroleum North America
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. Nexen was acquired by Hong Kong–based CNOOC Limited in 2013, and was rebranded under the current name at the end of 2018. It had three growth strategies : oil sands and shale gas in western Canada as well as conventional exploration and development primarily in the North Sea, offshore in West Africa, and deepwater exploration in the Gulf of Mexico. History Nexen started in 1971 as Canadian Occidental Petroleum (CanOxy), and was 80% owned by Occidental Petroleum, an oil company based in Los Angeles. In the first decade of its existence, CanOxy was fairly Canadian-oriented. During the 1980s and 1990s they increased their international holdings, first in the Gulf of Mexico, then into place ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occidental Petroleum Corporation
Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. It is incorporated under the Delaware General Corporation Law and headquartered in Houston. The company ranked 183rd on the 2021 Fortune 500 based on its 2020 revenues and 670th on the 2021 Forbes Global 2000. History Occidental Petroleum was founded in Los Angeles, CA in 1920. In 1957, Armand Hammer became the company's president and CEO after acquiring a controlling stake. The 1960s marked a period of expansion as Occidental established operations in Peru, Venezuela, Bolivia, Trinidad, and the United Kingdom. In 1961, the company discovered the Lathrop Gas Field in Lathrop, California. In 1965, Occidental won exploration rights in Libya, where it operated until 1986 when United States economic sanction ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nexen Building, Calgary
801 Seventh Avenue S.W., commonly known as the Nexen Building, is a high rise office building in downtown Calgary, Alberta, Canada. It is a 37-storey skyscraper, with a height of 153 m (502 ft).Emporis. It was designed by ''CPV Group Architects and Engineers Ltd'' and built by ''CANA Construction Company Limited''. The late-modernist building was completed in 1982. The Nexen Building employs a composite stub-girder steel-frame floor system,Stringer, David C.Staggered Truss and Stub Girder Framing Systems in Western Canada". ''Technical paper published by the Canadian Steel Construction Council''. 1982. Retrieved on January 20, 2009. originally developed in part by Joseph Colaco.Colaco, Joseph P.A Stub-Girder System for High-Rise Buildings. ''Technical paper presented at the AISC National Engineering Conference, New York''. May 1972. Retrieved on January 20, 2009. It is unique in that it is one of the few buildings in Calgary that do not follow the traditional grid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Repurchase
Share repurchase, also known as share buyback or stock buyback, is the reacquisition by a company of its own shares. It represents an alternate and more flexible way (relative to dividends) of returning money to shareholders. Repurchases allow stockholders to legally delay taxes which they would have been required to pay on dividends in the year the dividends are paid, to instead pay taxes on the capital gains they receive when they sell the stock, whose price is now proportionally higher because of the smaller number of shares outstanding. In most countries, a corporation can repurchase its own stock by distributing cash to existing shareholders in exchange for a fraction of the company's outstanding equity; that is, cash is exchanged for a reduction in the number of shares outstanding. The company either retires the repurchased shares or keeps them as treasury stock, available for reissuance. Under U.S. corporate law, there are six primary methods of stock repurchase: o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontario Teachers' Pension Plan
The Ontario Teachers' Pension Plan Board () is an independent organization responsible for administering defined benefit pension plan, defined-benefit pensions for school teachers of the provinces and territories of Canada, Canadian province of Ontario. Ontario Teachers' also invests the plan's pension fund and it is one of the world's largest institutional investors, acting as a partner organization of the World Economic Forum. The plan is a multi-employer pension plan, jointly sponsored by the Government of Ontario and the Ontario Teachers' Federation. As of December 31, 2024, the OTPP had over $266 billion in net assets, with a one-year total-fund net return of 9.4%, and a 7.4% 10-year total-fund net return. The OTPP employs a Quality Service Index to measure its performance. In 2024, 93% of members sampled expressed satisfaction with the OTPP's service. OTPP is one of Canada's top eight pension funds, nicknamed the "Maple Eight, Maple 8" or "Maple Revolutionaries". History ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Regina
The University of Regina is a public university located in Regina, Saskatchewan, Canada. Founded in 1911 as a private denominational high school of the Methodist Church of Canada, it began an association with the University of Saskatchewan as a junior college in 1925, and was disaffiliated by the Church and fully ceded to the university in 1934; in 1961 it attained degree-granting status as the Regina Campus of the University of Saskatchewan. It became an autonomous university in 1974. The University of Regina has an enrolment of over 15,000 full and part-time students. The university's student newspaper, ''The Carillon (Regina), The Carillon'', is a member of Canadian University Press, CUP. The University of Regina is a research university reputed for having a focus on experiential learning and offers internships, professional placements and practicums in addition to cooperative education placements in 41 programs. In 2009 the University of Regina launched the UR Guarantee Progra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grant Devine
Donald Grant Devine (born July 5, 1944) is a Canadian politician who served as the 11th premier of Saskatchewan from 1982 to 1991. He led the Progressive Conservative Party of Saskatchewan from 1979 to 1992 and is one of only two leaders of that party to serve as premier, following James Anderson. Prior to entering politics, Devine taught agricultural marketing and consumer economics at the University of Saskatchewan. After being elected leader of the Progressive Conservatives (PCs) in 1979, he led the party to victory in the 1982 election. Devine's tenure was marked by tax reductions, privatization of state-owned companies, increased financial support for farmers, and the quadrupling of the provincial debt. Devine's PCs were re-elected in 1986 but lost power in the 1991 election. Devine later sought a federal nomination with the Conservative Party, but his candidacy was declined by the party; he subsequently ran unsuccessfully as an Independent in the 2004 federal election. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Conservative Party Of Saskatchewan
The Progressive Conservative Party of Saskatchewan is a conservative political party in the Canadian province of Saskatchewan. Founded in 1905 by former Northwest Territories Premier Frederick Haultain, the party was first known as the Provincial Rights Party. In 1912, its name changed to the Conservative Party of Saskatchewan, and in 1942 it adopted its current name. Members are commonly known as Tories. The party has formed government in Saskatchewan three times, first in a coalition government from 1929 to 1934, and then in consecutive majority governments from 1982 to 1991. The party was badly damaged by an expense fraud scandal in the 1990s. In 1997, the party went dormant when much of its membership migrated to the newly established Saskatchewan Party. Although the party has been active again since the 2007 provincial election, no PC candidates have been elected since 1995. History Early years (1905–1934) The party was founded in 1905. Saskatchewan joined Confederation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allan Blakeney
Allan Emrys Blakeney (September 7, 1925April 16, 2011) was a Canadian politician who served as the tenth premier of Saskatchewan from 1971 to 1982. Originally from Bridgewater, Nova Scotia, Blakeney moved to Regina, Saskatchewan, and worked in the province's civil service before running for office with the Co-operative Commonwealth Federation (Saskatchewan Section), Co-operative Commonwealth Federation (CCF) under Tommy Douglas. Blakeney became leader of the Saskatchewan New Democratic Party (NDP) in 1970. Altogether, he was a member of the Legislative Assembly of Saskatchewan from 1960 to 1988. Before he was premier, Blakeney played a key role in the implementation of the first Canadian public health insurance program (Medicare (Canada), Medicare) in 1962. As premier, Blakeney's government nationalized the potash industry, created a range of new crown corporations such PotashCorp and SaskOil, and fought with the federal government over resource rights and taxation. Blakeney's ND ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saskatchewan New Democratic Party
The Saskatchewan New Democratic Party (Saskatchewan NDP or Sask NDP), branded as the Saskatchewan New Democrats, is a social democratic political party in Saskatchewan, Canada. The party was founded in 1932 as the Farmer-Labour Group and was known as the Saskatchewan section of the Co-operative Commonwealth Federation (CCF) from 1935 until 1967. While the party is affiliated with the federal New Democratic Party, the Saskatchewan NDP is considered a "distinctly homegrown" party given the role of the province in its development and the party's history in the province. The party currently forms the Official Opposition and is led by Carla Beck. The CCF emerged as a dominant force in provincial politics under the leadership of Tommy Douglas, forming five consecutive majority governments from 1944 through 1964. The first social democratic government elected in Canada, the CCF created a wide range of crown corporations, normalized government involvement in the economy, and pioneered e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
