|
Petrobank Energy And Resources
Petrobank was an oil exploration, development, and production company based in Calgary, Canada. It operates through 4 units/subsidiaries, PetroBakken Energy (58% owned subsidiary) in Canada, ''Petrominerales Ltd'' (was 65% owned until December 31, 2010 when both companies parted ways through a reorganization) in Peru and Colombia, HBU (100% owned subsidiary started in 2006) in the heavy crude oil business, and its technology unit Archon Technologies Ltd (THAI and CAPRI). In 1986 the company changed its name from Petrobank Energy Resources Ltd. to Petrobank Energy and Resources Ltd. Though it has a significant resource base its ten patents for heavy oil extracting technology are becoming increasingly valuable to the company. In December 2010 the company received permission from the government of Alberta to produce oil sands bitumen at a new location in Dawson using a technique known as fireflooding, the third Petrobank operation that will use it; the 50% interest in Dawson was ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shell Canada
Shell Canada Limited () is the principal Canadian subsidiary of British energy major Shell plc and one of Canada's largest integrated oil companies. Exploration and production of oil, natural gas and sulphur is a major part of its business, as well as the marketing of gasoline and related products through the company's approximately 1,800 stations across Canada. After a global reorganization by the European parent, Shell's North American operations are controlled by Shell Energy North America, which is headquartered in Houston, Texas. Shell Energy North America's Canadian operational unit, Shell Canada, maintains a regional corporate office in Calgary, Alberta. Shell Canada also maintains a major office in Toronto, Ontario. History Shell Canada's shares were originally independently traded on the Toronto Stock Exchange. The company was 78% owned by Royal Dutch Shell which in 2006 launched an $8.7-billion takeover of the 22% of Shell Canada that it didn't own. In March 2007 th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Formerly Listed On The Oslo Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Calgary
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecopetrol
Ecopetrol, formerly known as Empresa Colombiana de Petróleo S.A. () is the largest and primary petroleum company in Colombia. As a result of its continuous growth, Ecopetrol forms part of the Fortune Global 500 and was ranked 346. In the 2020 Forbes Global 2000, Ecopetrol was ranked as the 313th -largest public company in the world. It was ranked 303 in 2012 by CNN Money. Ecopetrol should not be confused with the US owned and operated Colombian Petroleum Co. (COLPET) and sister company South American Gulf Oil Co. (SAGOC), dating to the 1930s and taken over by the state owned Ecopetrol in the 1970s. The company is responsible for .71% of global carbon emissions which cause climate change, the 75th largest emitter of carbon as of 2023. The company has been embroiled in numerous controversies, including extensive oil pollution of hundreds of sites and waterways in Colombia, labor conflicts, and other environmental human rights violations. History The company arose from th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Light Crude Oil
Light crude oil is liquid petroleum that has a low density and flows freely at room temperature. It has a low viscosity, low specific gravity and high API gravity due to the presence of a high proportion of light hydrocarbon fractions. It generally has a low wax content. Light crude oil receives a higher price than heavy crude oil on commodity markets because it produces a higher percentage of gasoline and diesel fuel when converted into products by an oil refinery. Varying standards The clear cut definition of ''light'' and ''heavy'' crude varies because the classification is based more on practical grounds than theoretical. The New York Mercantile Exchange (NYMEX) defines light crude oil for domestic U.S. oil as having an API gravity between 37° API (840 kg/m3) and 42° API (816 kg/m3), while it defines light crude oil for non-U.S. oil as being between 32° API (865 kg/m3) and 42° API (816 kg/m3). The National Energy Board of Canada defines light crude oil as having a den ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shale Gas
Shale gas is an unconventional natural gas that is found trapped within shale formations. Since the 1990s, a combination of horizontal drilling and hydraulic fracturing has made large volumes of shale gas more economical to produce, and some analysts expect that shale gas will greatly expand worldwide energy supply. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world. China is estimated to have the world's largest shale gas reserves. A 2013 review by the United Kingdom Department of Energy and Climate Change noted that most studies of the subject have estimated that life-cycle greenhouse gas (GHG) emissions from shale gas are similar to those of conventional natural gas, and are much less than those from coal, usually about half the greenhouse gas emissions of coal; the noted exception was a 2011 study by Robert W. Howart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conklin, Alberta
Conklin is a hamlet in northern Alberta, Canada within the Regional Municipality (RM) of Wood Buffalo. It is located on Highway 881 between Fort McMurray and Lac La Biche. It lies near the west end of Christina Lake at an elevation of , and was named for John Conklin, a railroad employee. The hamlet is located in Census Division No. 16 and in the federal riding of Fort McMurray-Athabasca. History The hamlet of Conklin was named for John Conklin, a railroad employee. It was originally situated at the extreme northwestern end of Christina Lake, adjacent to its outlet at the Jackfish River. When the Alberta and Great Waterways Railway (which eventually became part of the Northern Alberta Railway and later the Athabasca Northern Railway) reached Conklin in 1921, the town was relocated alongside the railway tracks. Conklin was an important centre for the local fur trade from 1940 to 1960. Mink pelts from several mink farms in the area were transferred by canoe and dogsl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerrobert, Saskatchewan
Kerrobert is a town in west central Saskatchewan. It has a population of 970 (2021). Kerrobert is served by Highway 21, Highway 31, and Highway 51 as well as the Canadian Pacific Railway. It is approximately east of the Saskatchewan/Alberta border and west of Saskatoon. The town is known for its large water tower, clearly visible from away. The town name is commonly pronounced by Saskatchewan locals as "Care-Robere", a reflection of the expansion of French colonial settlements across the southwest Saskatchewan prairie in the late 1800s. History The village began with the name of Hartsberg in 1906, which became Kerr-Robert in 1910, with a final name change in 1924 to Kerrobert. ;Historic sites Kerrobert is home to several historic buildings including the Kerrobert Water Tower (1914), the Kerrobert Library (1910) and the Kerrobert Court House Kerrobert Court House, located in the centre of the town, was built in 1920. It was designed by the Provincial Architect Maurice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Steam Assisted Gravity Drainage
Steam-assisted gravity drainage (SAGD; "Sag-D") is an enhanced oil recovery technology for producing heavy crude oil and bitumen. It is an advanced form of steam injection (oil industry), steam stimulation in which a pair of Directional drilling, horizontal wells are drilled into the Petroleum reservoir, oil reservoir, one a few metres above the other. High pressure steam is continuously injected into the upper wellbore to heat the oil and reduce its viscosity, causing the heated oil to drain into the lower wellbore, where it is pumped out. Dr. Roger Butler, engineer at Imperial Oil from 1955 to 1982, invented the steam assisted gravity drainage (SAGD) process in the 1970s. Butler "developed the concept of using horizontal pairs of wells and injected steam to develop certain deposits of bitumen considered too deep for mining". In 1983 Butler became director of technical programs for the Alberta Oil Sands Technology and Research Authority (AOSTRA), a Crown corporations of Canada, crown ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barrels Of Oil Equivalent
The barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (, or about ) of crude oil. The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas reserves and production into a single measure, although this energy equivalence does not take into account the lower financial value of energy in the form of gas. The U.S. Energy Information Administration defines the barrel of oil equivalent as about . The value is necessarily approximate as various grades of oil and gas have slightly different heating values. If one considers the lower heating value instead of the higher heating value, the value for one BOE would be approximately 5.4 GJ (see tonne of oil equivalent). Typically is equivalent to one BOE. The United States Geological Survey gives a figure of of typical natural gas. Due to the risk of confusion The Society of Petroleum Engineers recommends in their style gu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
