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Majority of oil sands ownership and profits are foreign, says analysis
“Some notably Canadian oil companies, such as Suncor, Canadian Oil Sands and Husky, are predominantly owned by non-Canadians,” said the report.
Alberta sues oil sands firms over royalties
Syncrude and Suncor Energy Inc. are Canada's two oldest oil sands projects. In their infancy, the government supported the mines in order to spur the multibillion-dollar industry.
Retiring Suncor CEO: I'm an oil patch guy
The Rick George era in the Alberta oil patch began in 1991 when a Colorado-born energy executive arrived to help rescue woebegone Suncor. The company's most intriguing asset was a costly oil sands venture at a time when crude prices were mired near a ...
Australian recruitment war hits Canada's energy, mining sectors
Yet with major Canadian firms such as Suncor Energy Inc. and Imperial Oil Ltd. planning to nearly double domestic production over the next decade, Canada hardly has extra workers to spare.
Meet CP Rail's new board
Raisbeck, who joined CP's board in 2009, is retired vice-chairman of Cargill Inc., an agricultural, trading and food processing giant.
Gasoline suppliers overcomplying with ethanol content rules
“We do comply with the federal and provincial renewable fuels regulations,” he said. Suncor Energy said it meets all federal and provincial standards.
Canada is world's biggest oil loser by buying high, selling low
Companies such as Bankers Petroleum Ltd., which earn money from oil produced outside Canada, may outperform domestic drillers such as Imperial Oil Ltd.
Imperial weighs sale, conversion of Dartmouth refinery
Enbridge Inc. is already planning to reverse the flow of a key pipeline in Ontario to bring Western oil to Imperial's refinery at Nanticoke.
Meet Canada's Ruling Oligarchy: Parasites-a-Plenty!
Power Corporation was founded by A.J. Nesbitt and P.A. Thomson, two partners in the Montreal investment firm, Nesbitt, Thomson and Company, who wanted to consolidate Canada's power sector, and established Power Corporation as a 'holding company ...
Alberta Election – Party of Big Oil Defeats Party of Big Oil
There was something absolutely wonderful about the failure of Wildrose to win the recent election in Alberta. The party is made up of a gaggle of mostly former conservatives - so extreme in their views that their party earned the nickname “Tea Party ...