mixture that was consisted of water, salt, sand and mineral oil. This was achieved through the knowledge on physical properties of the substances being used, and also through previous understanding of intermolecular forces. This lab is based on the Athabasca Oil Sands, which are located in Northern Alberta, an area that is highly controversial due to its negative impact on the environment and the First Nations People. In 2011, 52 million tons of crude oil were extracted and distilled for fossil fuels
resource called oil became a popular demand in most countries especially The United States of America. Canada started to become richer with money from this a resource. The U.S. wanted a more efficient way to get their oil from Canada, so the U.S. and Canada created a Keystone pipeline to deliver this oil from one country to the next. Over the years a new proposition came along to build another pipeline called the Keystone pipeline XL for an even more efficient way to deliver oil. With this new idea
its heavy oil production and other operations including refineries and pipelines. Husky’s business strategy is to focus on
Alberta. As stated from Environment Canada, it has been found that because of Oilsand (the oil industry, not just oilsand extracting) and is the largest source releasing greenhouse gases, which is responsible for some of the climate change. They use Oilsand Pipelines to move the extractions and there has been debate about whether or not they are necessary to keep building and using due to climate change, oil spills, and pipeline leaks. President
Environmental Stewardship The Alberta Oil Sands is the biggest energy project on the planet. The oil sands underlie more than 140,000km2 in north and eastern Alberta, Canada. There are 175 billion barrels of recoverable bitumen in Alberta, and this unconventional oil is extracted by two different methods. Oil sands, referred as tar sands, are a natural mixture of sand, clay, water and a type of heavy oil “bitumen”. Crude bitumen comprises approximately 10% of the oil sands. When it is located less than 75
deals with the acquisition, exploration, development, production and marketing of crude oil and natural gas. Suncor has four main business divisions that consist of refining and marketing, oil sands, exploration and production and energy trading. Competitors and Competitive Position There are hundreds of Oil and Gas companies in Canada and Suncor is at the top. Suncor is Canada’s largest and most dominant Oil and Gas Company. Suncor has the efficiency and innovation not met by most other companies
unstable oil price climate. The issue with energy became a widely debated topic between Trudeau’s liberal government and its critics. During these years, the petroleum industry in Canada was dominated by foreign control, which was mostly American. Canadians eventually came to the realization that their energy policies mainly existed to benefit North America, when it should have been to serve their domestic needs. Many national governments around the world have started to adopt state oil companies
Industries In Decline – Example: Oil & Gas Given that Canada possesses the world's third largest oil reserves, its really no surprise that the petroleum industry is an important part of the Canadian economy. Across the country, the oil and gas industry directly and indirectly employs more than 500,000 Canadians – and these are often good paying blue collar jobs which are not easily replaceable. The outlook for this large and important sector is however becoming bleaker and bleaker. Concerns about
In the article “Dirty oil is turning Canada into a corrupt Petro State” written by the Canadian, Journalist, well-awarded author Andrew Nikiforuk, argues that bitumen, steam plants, and tar sands are changing Canada from a country that cared; to a country that does not stand for much. Throughout this rhetorical analysis, I will use the three appeals to prove these points. The author Andrew Nikiforuk uses the appeal of Ethos to help get his message across to his readers. The appeals of ethos proves
SU.TO ANALYSIS Suncor Energy Inc. operates as an integrated energy company and focus on developing petroleum resource basins in Canada 's Athabasca oil sands. They also explore, acquire, develop, produce, and market crude oil and natural gas. [I] At the beginning of the school year (September 6th) the price per share was $35.36. Currently, almost three months later, the price per share has now reached $42.97. The upward trend sounds promising for the future of the stock. Not much news came out during
Alberta’s economy as we see it right now is not doing the greatest. Our main resource that we depend on, our oil, is continually going down in value. Looking ahead to the future Alberta is going to need a resource away from oil. A solution that could be very beneficial for Alberta is changing over to ethanol fuel. By changing our cars to using ethanol fuel we could help the environment immensely and also help boost our economy. Thinking about what ethanol fuel actually is, many may not know
Oil sands are the combination of sand, water, clay and bitumen that can be found in different places around the world like USA, Russia and Canada (Carlisle, 2006). According to Carlisle (2006), the earliest documented oil sands mining operation was set up in 1745 in northeastern France, with refining capabilities added in 1857. Canada and especially Alberta has become one of the biggest countries of oil sands world-wide because of their knowledge in connecting the technology in their project as well
Suncor Energy Inc. Oil Sands is a mining, quarrying, and oil and gas extraction facility that belongs to Suncor Energy Oil Sands Limited Partnership. Suncor is a Canadian energy company based in Calgary, Alberta which specializes in the production of crude oil from oil sands. Suncor was the first company to commercially develop the oil sands and currently holds one of the largest positions in the oil sands. In addition to being the fifth largest North American energy company, Suncor is one of the
parts of Canada such as Alberta, Ontario and Quebec. Montreal refinery of Suncor produces137, 000 barrels of gasoline, heavy fuel oil, solvents and feedstock for lubricants per day. Refinery in Sarnia, produces 85,000 barrels kerosene, jet and diesel fuel and gasoline per day. They have two more refineries in Edmonton and Commerce City that produces gasoline, oil sands and diesel fuel and have the capacity of 135,000 and 98,000 barrel per day. In December 2009, Suncor purchased 98 retail outlets in
2015, the oil and gas extraction industry represented over 27% of Alberta’s GDP. That amounts to $81 billion dollars. It’s safe to say oil and gas is the life of our economy, and the source of thousands of individuals security. Within that industry is a diverse selection of careers that many do not often get recognized immediately as oil jobs. With such diversity, a business degree is an asset, as it provides a multitude of skills that can provided to a variety of positions. The oil and gas industry
reality with the Alberta oil sands. James Cameron, the director of Avatar, created this blockbuster to bring awareness to a growing issue of Alberta’s oil sands. Undoubtedly, he has achieved this task as this movie shows numerous similarities, but also some differences regarding the current situation with the oil sands. Both show similarities when it comes to cultural and environmental sustainabilities. One environmental sustainabilities that both Avatar and the Alberta oil sands share is that in both
Competitor Analysis Husky Energy Husky is a Canadian integrated oil and gas producer, with operations in Canada and Asia. In recent years, they have improved completion of development plans. They suffer from poor netbacks in upstream operations and relatively low margins in their refining operations. One example of poor execution in oil sands growth is the Tucker oil sands project. The project was well over expected costs and incurred additional costs close to 50% higher than the industry average
Oil sand operations in Canada have been causing major impacts on the environment and social communities. Although the government sees the oil sands as another gold rush there have been major cons caused by the mining in Alberta.Firstly, the oil sands are located in the boreal forest, in order to mine the oil, it is necessary for the miners to use the strip mining method. This method causes habitat loss, animal endangerment, and pollution. Secondly. In Order to refine the oil, pipelines spread across
Suncor is one of the biggest energy company in North America. Their strong resources base, healthy financial income, and their loyal shareholders make Sunco one of the finest Energy company in the world. Suncor 2013 income statement in their financial report shows that Suncor has a satisfactory net income of $3.91 billion, which is the revenue the company earns after all direct costs and operating expenses. Suncor also has a very strong resource base that the company can use to generate profit and
operations that includes natural gas midstream and intrastate natural gas transportation and storage. 2) Liquids operations that includes natural gas liquid transportation, storage and fractionation services. 3). Product and crude oil operations which including products and crude oil transportation, terminal facilitate services, and retail marketing of gasoline and middle distillates.