Publicly traded canadian oil and gas companies


Although there are numerous oil companies operating in Canada, the majority of production, refining and marketing is done by fewer than 20 of them. Syncrude and Irving Oil are also leaders in the Canadian industry, with Syncrude being the top producer of oil sands crude and Irving Oil operating the largest oil refinery in the country. Ongoing research and development involving extraction technology and processing methods have slowly chipped away at many of the barriers to bitumen production.

That has resulted in a shift in focus over to patent producing research and development. Cenovus Energy has used its patents as a tool to negotiate deals. Profiled and ranked is every Canadian oil and gas company with a market cap ranking top worldwide and the eight largest by revenue Nexen made Forbes list but not the top companies according to market capitalization but it had the highest revenue among all other petroleum companies according to this list , addax petroleum became part of Sinopec.

Eight of the ten most profitable companies of the oil and gas sector operating in Canada are represented here other two were Athabasca Oil Sands Corp and Heritage Oil. The deal came just after another one involving Petro China collapsed.

Husky Energy was founded in Wyoming by Albertan Glenn Nielson who with 2 partners, bought 2 heavy oil refineries, and used them to establish the Husky Refining Co. This was followed by major purchases of oil rich land and gas stations. By the late s the company's need for more funding eventually forced Nielson to sell all his stake in the company. About a decade later Husky ran into financial problems that were solved when Hong Kong billionaire Li Ka-shing started investing in the company leading to a buy out of Blair's interests in The acquisition of Centerra Energy Ltd.

After a turbulent couple decades, Husky reasserted itself as a major Canadian petroleum company in by purchasing Renaissance Energy Ltd. Began as a pipeline company called interprovincial pipelines incorporated by Imperial Oil in the s as a result of growth at the Leduc oil fields in Alberta exceeding the capacity of Alberta's refineries to process the oil.

In its pipelines were operational and in it was a publicly traded company at stock exchanges in Toronto and Montreal. In the late s refineries in the US and Canada demanded more oil be delivered from Canadian sources, and the solution deemed best by management, and government officials was to build a new line through Chicago.

During the s it acquired a number of other companies consumers gas, altagas, interest in Chicap pipeline which delivered natural gas as well but most of the company's business was still in crude oil.

The new divisions gave the company greater access to Toronto, Quebec and New York. Its last name change made in was to Enbridge Inc. It is also active in the alternative energy sector, having an interest in wind farms, waste heat recovery plants and photovoltaic projects the largest of which is the Sarnia Solar Project. After taking over a number of smaller companies in Canada while increasing their international holdings they became larger and more independent of their parent company that by then held only a minor stake.

In the name was changed to nexen in recognition of that. In February the Usan offshore oil field began producing. Addax Petroleum Sinopec was one of about 60 Canadian companies that made it onto the Forbes Global list. In order of size. In Enbridge and TransCanada re-entered the list after a one-year absence; Pembina Pipeline is also a new addition. Revenue and profit are from the month period ended March , assets and market capitalization are from March for Canadian Oil Sands Ltd, Pacific Rubiales Energy.

Eight of the ten most profitable companies of the oil and gas sector operating in Canada are represented here other two were Athabasca Oil Sands Corp and Heritage Oil. The deal came just after another one involving Petro China collapsed. Husky Energy was founded in Wyoming by Albertan Glenn Nielson who with 2 partners, bought 2 heavy oil refineries, and used them to establish the Husky Refining Co.

This was followed by major purchases of oil rich land and gas stations. By the late s the company's need for more funding eventually forced Nielson to sell all his stake in the company. About a decade later Husky ran into financial problems that were solved when Hong Kong billionaire Li Ka-shing started investing in the company leading to a buy out of Blair's interests in The acquisition of Centerra Energy Ltd.

After a turbulent couple decades, Husky reasserted itself as a major Canadian petroleum company in by purchasing Renaissance Energy Ltd. Began as a pipeline company called interprovincial pipelines incorporated by Imperial Oil in the s as a result of growth at the Leduc oil fields in Alberta exceeding the capacity of Alberta's refineries to process the oil. In its pipelines were operational and in it was a publicly traded company at stock exchanges in Toronto and Montreal.

In the late s refineries in the US and Canada demanded more oil be delivered from Canadian sources, and the solution deemed best by management, and government officials was to build a new line through Chicago. During the s it acquired a number of other companies consumers gas, altagas, interest in Chicap pipeline which delivered natural gas as well but most of the company's business was still in crude oil.

The new divisions gave the company greater access to Toronto, Quebec and New York. Its last name change made in was to Enbridge Inc. It is also active in the alternative energy sector, having an interest in wind farms, waste heat recovery plants and photovoltaic projects the largest of which is the Sarnia Solar Project.

After taking over a number of smaller companies in Canada while increasing their international holdings they became larger and more independent of their parent company that by then held only a minor stake. In the name was changed to nexen in recognition of that. In February the Usan offshore oil field began producing.

Addax Petroleum Sinopec was one of about 60 Canadian companies that made it onto the Forbes Global list. In order of size. In Enbridge and TransCanada re-entered the list after a one-year absence; Pembina Pipeline is also a new addition. Revenue and profit are from the month period ended March , assets and market capitalization are from March for Canadian Oil Sands Ltd, Pacific Rubiales Energy. George , Randy Eresman , David P. O'Brien , John C. Lau , Li Ka-shing , David D. Daniel , John Manzoni , Philip D.

Dolan , Marvin Romanow ,. From Wikipedia, the free encyclopedia.