Last edited by Akigar
Wednesday, February 12, 2020 | History

3 edition of Petro-Canada found in the catalog.

Petro-Canada

Ghislaine Cestre

Petro-Canada

a national oil company in the Canadian context

by Ghislaine Cestre

  • 111 Want to read
  • 12 Currently reading

Published by U.S. Govt. Print. Off. in Washington .
Written in English

    Places:
  • Canada.
    • Subjects:
    • Petro-Canada.,
    • Energy policy -- Canada.

    • Edition Notes

      StatementGhislaine Cestre.
      ContributionsUnited States. Congress. Senate. Committee on Energy and Natural Resources.
      Classifications
      LC ClassificationsHD9574.C24 P47
      The Physical Object
      Paginationv, 65 p. :
      Number of Pages65
      ID Numbers
      Open LibraryOL4373051M
      LC Control Number78600587

      The company's ,barrel-per-day Strathconarefinery runs entirely on oil sands-based feedstocks and produces a high-yield of light oils. Its roles under the NEP were multiple and costly. These wind farms provided megawatts of power, providing an annual CO2 offset oftonnes compared to coal-generated electricity. The company is also one of the largest Canadian retailers of petroleum products.

      Support Menu. It was to advise the government, import oil, accelerate oil sands exploitation, act as a catalyst in frontier exploration and development, collect economic rents and other benefits, and help "Canadianize" the entire oil industry. It was set up in Calgary, despite the hostility of existing oil firms. It acts as a holding company for its principal operating subsidiary, Petro-Canada. All of these mandates entailed large expenditures for delayed returns, expenditures that could only be justified under the assumption - which was conventional wisdom in most governments - that oil would be insecure and very costly throughout the s and s.

      Energy Minister Marcel Masse said the move would be carried out through a general sale to the public. When the Liberals returned to power inenergy policy was an important focus, and the sweeping National Energy Program was created. Will I ever receive a bill for services that I've used? Many national governments had already established state oil companies in the attempt to gain more control over, and knowledge about, the international oil industry. Thus began Petro-Canada.


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Petro-Canada book

The government also told the company it had to finance its operation from revenues or market financing. Clair Township, Ontario. The Progressive Conservatives PCsthen led by Albertan Joe Clarkwere opponents of the company, and advocated breaking it up and selling it.

The Canadian government indicated that over time it would sell off all its shares in Petro-Canada Limited. It was the first commercial development on the Athabasca oil sandsPetro-Canada book small, earlier projects like that at Bitumount also played a role in development.

With access to large amounts of money, Petro-Canada bought several Canadian-based oil companies that significantly increased its land holdings and oil and gas reserves, and quickly made it a giant in the oil industry. Moreover, from its first day of operations, Petro-Canada was the target of a campaign by right-wing oilmen and the federal Conservative Party - then led by Joe CLARK - to disband the company.

The minority Liberals were threatened with parliamentary defeat by the NDP unless they acted to protect consumers and to set up a Crown-owned petroleum company. Many of these laid-off employees went on to work and start up other oil companies in Alberta, creating a new group of Canadian producers.

Since Petro-Canada conducted an international exploration program that has included activities in ColombiaEcuadorIndonesiaPapua New Guineaand offshore China. There are no system access fees with Petro-Canada Mobility.

By the mids Petro-Canada was an established major player on the Canadian oil industry scene, the existence and mandate of which was supported by a clear majority of Canadians. In the early s, he was senior economist for the Canadian National Energy Board, before joining the Cambridge, Massachusetts-based international consulting firm of Arthur D.

It was Wilbert Hopper, more than any other individual, however, who made Petro-Canada a success story. All these facilities are currently run by Suncor. The fast-charging network will be operated under the Petro-Canada brand.

Find cheap bus tickets from Pétro

These refineries supply industrial, retail and commercial consumers. Operations Petro-Canada is an integrated oil and gas company engaged in both upstream and downstream activities. The company held a Such companies were used to ensure the security of supplies, to enhance the collection of revenues and to give governments better information about world energy markets, yet they were costly to set up and, over time, tended to become almost indistinguishable from their private-sector counterparts.

Can I move my existing phone number onto my new Petro-Canada Mobility cell phone? Its resources division explores, produces, and markets crude oils, natural gas and its liquids, sulfur, and bitumens. This assumption proved to be incorrect and by the world oil industry was in its worst crisis of overproduction, falling prices and glutted markets in 50 years.Petro-Canada 18 hrs · Inwe commissioned Squamish Nation carver Klatle-Bhi (pronounced Cloth Bay) to create a legacy totem pole that would tell the story of all nations coming together to celebrate Vancouver Games along with the story of the ancestral spirits and mythical creatures who inhabit the Sea-to-Sky region, including the Followers: K.

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A Suncor Energy business, Petro-Canada™ is "Canada's Gas Station" with a network of more than 1, retail and wholesale outlets across Canada, and a specialty lubricants business.2/5(1).

Mar 23,  · Suncor is offering C$ billion ($ billion) for Petro-Canada in an all-share deal. That makes it the largest Canadian oil and gas takeover. Get this from a library! Petro-Canada: the national oil company as a tool of Canadian energy policy: study.

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