Introduction And Company Profile Of Canadian Natural Resources

Through progress, Canadian Natural Resources Limited had progressed to primary heavy crude lands in 1993 and purchasing thermal in-situ areas 3 years later, becoming a leader in the in-suti crude oil developments. As of 2000, they sought out to acquire assets from The North Sea along with Offshore Africa while also creating gas conservation with equipment including "pipelines, pad compressors, booster compressors, gas plants, and fuel lines" (Canadian Natural Resources Limited Performance Presentation Primary Recovery Heavy Oil Sands Schemes, n.d.) While continuing to strengthen the Northwestern Alberta and British Columbia 's basins, Canadian Natural Resource Limited furthered their achievements by recognizing synthetic crude oil at the Horizon Oil sands, leading to a shipment of such into the sales pipeline. Also in 2008, Canadian Natural Resources seeked out the ‘Kirby In-Situ Oil Sands’, hoping for approval on another project. From the beginning Canadian Natural Resources has strived to achieve something different and make an impact. Throughout the history of the company, Canadian Natural Resources has continued to search for new and economic ways to improve the company, "predict[ing] an oversupply of natural gas could last as long as seven years, keeping prices low"( 2011, March. CNRL

The Athabasca Delta is a breeding ground for species of birds, which was destroyed to clear the land for oil development. These development practices are a leading factor towards increases in pollution. A scientific panel stated on Tuesday that pollution must be corrected, as there are major debates against the oil sands development. Proponents argue that business through the Oil Sands has made Canada a major player in foreign supplement. Unemployment rates have decreased across Canada and companies generate huge profits. The Alberta Oil Sands provide Canada with a secure source of energy. Throughout the world, Canadian oil reserves are the second largest in the world. Oil mining operations in Canada also help create more trading partnerships with different countries. This is a great way Canada can strengthen relationships and ties with various nation-states. The Oil Sands is a stabilizing force for Canada’s economy, yet it has a tremendous effect on the environment. Corporations are held responsible for their actions, and environmental protection should be their main concern. The procedures that the Oil Sands has taken are not effective, to an extent, where the pace of investment and development in the oil sands

These factors result in several issues and challenges. These matters have brought a conflict between the various stakeholders in this industry (Oilsandstruth.org, 2015). This discussion aims to identify the primary issues associated with the Canada oil sands and the involved stakeholders. Secondly, the stakeholders’ political view will be established. Finally, the discussion will recommend policies that can be effective in solving the challenges associated with the issues.

Government has been working closely with industry for years, which is also a key factor in developing the oil sands in a socially responsible way. Most major oil companies are involved with initiatives like Water for Life Strategy, Alberta Water Council and Petroleum Technology Alliance Canada (CAPP, 2012). Alberta’s oil sands are being developed with social responsibility in mind.

This 1.4 trillion-dollar industry has been able to benefit Albertans. To elaborate, Alberta’s upstream energy sector, which mainly includes the oil sands, conventional oil as well as gas and mining has provided 133,053 jobs for Alberta residents, according to Statistics Canada. As well, having the third largest oil reserves in the world, Canada is able to use the oil reserves as a trading asset, as it is currently providing 1.4 million barrels of oil to the USA everyday, which is equivalent to $49.7 million at current stock prices. As well, $52 billion dollars in royalty were accounted for during 2013-14. In this way, the oil sands industry provides jobs, billions of dollars in royalties and boosts national income and prosperity through the trading of this resource. This affects my stakeholder since this would give Ed Stlemech a healthy financial resume/profile to an otherwise terrible environmental and societal resume while he was Alberta’s

There are many different factors contributing to global warming. The Alberta oil sands are only one of them, but they're one of the largest sources of harmful air pollutants in Canada. The oil sands are polluting our air and water, clear cutting the Northern boreal forest and affecting the First Nation tribes living around the sites. Canada should no longer be funding the Alberta oil sands because of the negative impact it has on the environment and people near them.

The question that has arisen from this shift is whether or not the Canadian oil and gas industry inclusive of the upstream, and midstream sectors, has a net positive benefit to Canada. This essay will explore and seek to understand the myriad of issues that this industry faces daily.

Kinder Morgan 's Trans Mountain pipeline has been intensely restricted by numerous First Nations, however voices on the opposite side of the gap developed to dispatch a solid support of the oil patch. Chief Jim Boucher told the Assembly of First Nations ' gathering in Gatineau, Que, that his group has seen a budgetary benefit from its inclusion in oil and gas extraction and that environmentalists ought to be overlooked on the grounds that they are at fault across the board regarding poverty in Canada 's north. His people of Fort McKay, north of Fort McMurray, the epicenter of the oil sands, has an unemployment rate of zero, an average yearly per person income of $120,000 and monetary possessions in overabundance of $2 billion. That cash has been pumped into education, long haul care for seniors and other foundation ventures. With regards to pipelines and oil sands improvement, it is reasonable from Jim Boucher’s peoples’ point of view that they have to accomplish more, he said, amid an open session on energy strategy at the exceptional

During 1919 one of the most reliable energy companies was assembled and they are known as Suncor. The location where they were created was Montreal, Quebec. Now their headquarters have been shifted to Calgary where all the decisions are made. They specialize in producing synthetic crude which is abundant in the Alberta Oil Sands. The masterminds behind this company are John Fergusion who is the chairman of the board and Steve Williams the CEO. Like every successful business Suncor has a mission which is to create energy for a better world. Their vision is to be trusted with valuable natural resources so they can produce a better social well-being to raise the economic standards, they also want to create a healthy environment for the present

The development and manufacturing of the oil pipelines would bring a tremendous amount of job opportunities to the Canadian economy. Creating more jobs is important in the development of a country. According to CBC, it is projected that the development of oil pipelines

Modern day Canada is posed with the current issues of energy and the environment becoming increasingly important within the public and political sectors. The impetus has come from a variety of factors such as the collective development of nonconventional resources, the environmental concern from Canadians, and the demand for renewable energy sources. Many premiers have since called for a ‘national energy strategy’ however the clashes of policies on the federal and provincial levels cause a decrease in progress. This has become largely apparent in the current debates over Alberta’s bitumen deposits and pipelines. The Alberta government has advocated for a ‘national energy strategy’ led by Ottawa placing their political emphasis on the need for Canada to achieve a vision of environmental supremacy. This paper seeks to investigate the clashes of interprovincial trade and commerce powers with the provinces natural resource power debates over Alberta’s pipelines and bitumen deposits in conjunction with the general Canadians feeling of a lack of democracy.

Modern day Canada is posed with the current issues of energy and the environment becoming increasingly important within the public and political sectors. The impetus has come from a variety of factors such as the collective development of nonconventional resources, the environmental concern of Canadians, and the demand for renewable energy sources. Many premiers have since called for a ‘national energy strategy’ however the governments tendency to avoid national approaches to energy allows no progression to be made. This has become largely apparent in the current debates over Alberta’s bitumen deposits. The Alberta government has advocated for a ‘national energy strategy’ led by Ottawa placing their political emphasis on the need for Canada to achieve a vision of environmental supremacy. This paper seeks to investigate the clashes of interprovincial trade and commerce powers with the provinces natural resource power debates over Alberta’s bitumen deposits in conjunction with the general Canadians feeling of a lack of democracy.

The statement ‘Canada oil sands are much more of a blessing rather than a curse’ is not true because the disadvantages of oil sands outweigh the advantages. For this reason, this paper aims at indicating points against the statement. To understand the defects of oil sand exploration in Canada, one has to delve into the explanation of what oil sands are as well as how the entire process of mining and refining and thereafter, determine the disadvantages based on socioeconomic factors, environmental factors, as well as the infrastructure and energy required for its production.

The technology portion of their company has grown tremendously which has caused so much of their growth. In addition, they found the perfect formula to appeal to and retain customers. Most of their customers are loyal to their company and insist on sticking to their products. Their market capitalization, $639,922 million, is extremely high compared to other companies in their industry They returned about $8 billion to shareholders during their quarter. Also, their gross margins, currently at 38.01%, are high at passed by

EnCana Corporation (EnCana) is one of North America’s leading natural gas producers. It is among the largest holders of natural gas and oil resource lands onshore North America and is a technical and cost leader in the in-situ recovery of oil sands bitumen. EnCana’s other operations include the transportation and marketing of crude oil, natural gas, and natural gas liquids; as well as the refining of crude oil and the marketing of refined petroleum products. Its operations are located in Canada, the US, Ecuador, and the UK.