Introduction to Business Team Project: Canadian Natural Resources Limited

The production of oil is one of Canada’s greatest assets as it brings in lots of profit but British Columbia is one the most beautiful places in the world and is a prime tourism area. This leads to the question is oil transportation right for British Columbia? Enbridge plans to build two pipelines that will carry oil from “central Alberta to coastal BC” (Alternatives Journal, 2012). Enbridge Incorporated is a company that is a main transporter of natural gas, crude oil and other liquids in Canada, as well as a major operator of pipelines in North America. Their plan is to run two 1170-kilometer pipelines across BC that will eventually be moving about 520,000 barrels of oil per day; this

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

Oil sands are a combination of sand, water, clay, and bitumen. Extraction of oil sands can create petroleum products that are efficient. With several economic advantages of importing such a powerful source of energy, Enbridge proposed the Northern Gateway pipeline project which was a plan to build twin pipelines from Bruderheim, Alberta to Kitimat, British Columbia for the transportation of natural gas and diluted bitumen from the Athabasca

The Government of Canada has been a partner of Clean Energy BC in the past, especially through New Relationship Trust. CEBC is

The case study of NewGrade Energy is based on data analysis from 2009. A privately owned company located in Regina, Saskatchewan that operates heavy oil upgrader, The Company’s ownership structure consists of the Government of Saskatchewan and Federated Co-Operatives Limited each owning 100% of the company and Crown Investment Corporation (CIC) and Consumer’s Co-Operative Refineries Limited (CCRL) both owning 50% (Ivey, 2009). At the time of its $ 770 million dollar, inception in 1988 CIC and its third-party lenders financed $150 million to the project and the government of Saskatchewan and Canada guaranteed the capital venture (Ivey, 2009). The

Canada is the fifth-biggest oil producer on the planet, and has been manufacturing traditional unrefined petroleum for over a century. Canada’s oil industry delivers more than 3.6 million barrels of oil every day and is a part of the worldwide crude oil market. Crude oil stands out as the most actively traded commodity in the world. As a result of this, oil prices change day by day in light of changing conditions that influence demand and supply. Oil meets nearly 40% of Canada’s overall energy requirements through a range of products made out of refining. All things considered, refining crude oil yields the subsequent assortment of products:

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.

Exxon and Chevron are no doubt some of the leading incorporated oil companies on the globe. Exxon Corp. is the second largest oil firm after Royal Dutch Shell, it is respected for getting the biggest revenue return in 2008 which no company in the U.S. have ever reported before. According to Wilson (2009) Chevron has managed to show a lot of profitability in the market despite the decease in its oil production. It graded as one of firms which made a billion dollars profit within a week in the period of July to September 2008. Regardless of profitability trends set by the two oil firms in the U.S. market, they have been facing financial decline like the rest of the companies in other industries. The two firms are like two sailing ships which are taking longer time to sink. In the last few years, the production capacity of Chevron and Exxon has decreased and their listings on the stock market have become weak. The continuation of construction and drilling which requires billions of dollars in expense of oil production might make them experience a bigger financial crisis (Wilson, 2009).

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.

The Canada segment is engaged in the exploration, development and production of natural gas, crude oil, and natural gas liquids (NGLs) and other related activities within the Canadian cost centre. The segment comprises the Canadian plains division, the Canadian foothills division, and the Canadian upstream operations of the integrated oil division.

The company’s closest competitors are Canadian Natural Resources Limited, EnCana Corporations, Talisman Energy Group Inc., and Canadian Oil Sands Limited. One of the company’s major assets is the research and development of state of the art technology to reach and unlock gas & oil deposits. They implement the use of hydraulic fracturing technology to unlock unconventional gas assets, are able to drill up to 34,000 feet deep into the Gulf of Mexico to access oil deposits below the gulf floor, and implementing gasification technology which uses steam to separate oil deposits from the sand in the northern Alberta oil sands (Nexen’s way). The company has been successful to date, however their lack of resources and capital has limited their growth and expansion, as well as the $4.3 billion debt that they currently have (Financial Post 2). This is why the

“To develop people to work together and create value for the Company 's shareholders by doing it right with fun and integrity." Canadian Natural Resources is one of the world’s largest independent Oil and Natural Gas Supplier Company. Canadian Natural Resources Ltd. supplies crude oil and natural gases. As the years went by, Canadian Natural Resources made many advancements but the company officially started off as a shallow gas basin. The company was founded in 1989 in Calgary and Alberta, Canada. There is no specific founder of this company but there are many staff members that put all their effort into the work to make Canadian Natural Resources what it is today. Canadian Natural Resources has many locations. Many of them are in Alberta except for one; Fort St. John which is located in British Columbia, Canada. The company has been going on for around 27 strong years. They have made a 74% improvement over the past 5 years but there have been many oil spills in the past which has led to very big decreases in their stock prices and sales. Canadian Natural Resources is trying their absolute best to achieve their vision even through tough times.

Apache Corporation, an independent oil and gas exploration and production company founded in 1954 by Raymond Plank whose primary focus was to profit in oil. Their initial investor 's capital of $250,000 in 1954 rose to over a billion dollars in acquisitions by 2001. Acquisitions over a billion included Repsol in Egypt’s Western desert and a

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.

In April 20th, 2010 one of the worst environmental natural disasters that were brought on by a men happened. We are talking about the British petroleum Oil spill on the Golf Coast. The disaster not only affected the plants, animals and people living in the area but also the image of the company. British Petroleum has been successful on creating a powerful brand image, being authentic to the core values of its business and building the goodwill of their customers, now BP is trying to save what is left after the disaster. The disaster leads to many angry people, including environmentalists,