Who owns Scotford Upgrader?

Who owns Scotford Upgrader?

The upgrader is owned by Athabasca Oil Sands Project (AOSP), a joint venture of Shell Canada Energy (60%), Marathon Oil Sands L.P. (20%) and Chevron Canada Limited (20%).

Who owns the Scotford refinery?

The Scotford upgrader is owned by the Athabasca Oil Sands Project (AOSP), a joint venture between Canadian Natural Resources (70%), Chevron Canada (20%), and Shell Canada (10%).

What does Shell Scotford produce?

Overview. The Shell Scotford Refinery processes synthetic crude oil from the Shell Scotford Upgrader into products such as gasoline, diesel, jet fuel, propane and butane. These products are then shipped by pipeline and rail cars to distribution terminals, where they are marketed across Western Canada.

How many oil refineries are there in Edmonton?

There are four operating refineries in Alberta with a combined crude processing capacity of over 458,200 bbl/d.

What does CNRL Horizon produce?

The Horizon facility has current capacity to produce about 250,000 bpd of synthetic crude oil, an upgraded oilsands product that fetches prices similar to benchmark West Texas Intermediate. Canadian Natural previously noted the potential to add 30,000 to 40,000 bpd of non-upgraded bitumen.

What is Albian Heavy Synthetic?

Albian Heavy Synthetic (AHS) is a partially upgraded dilbit produced from the Scotford Upgrader. The Scotford Upgrader is part of the Athabasca Oil Sands Project (AOSP), a joint venture between Shell Canada Energy (operator and 10% owner), Chevron Canada Limited (20%) and Canadian Natural Resources Limited (70%).

What is the biggest oil refinery in Canada?

The Irving Refinery
The Irving Refinery in Saint John, New Brunswick is the largest refinery in Canada, and exports considerable volumes of RPPs to the U.S. The Irving refinery is unique compared with other refineries because it is a family-owned operation with no crude oil production, and a refining and marketing arm.

Does China own CNRL?

The Syncrude project is owned by Canadian Oil Sands (37% CDN), Suncor (12% CDN), Mocal Energy (5% Japan), Murphy Oil (5% USA) Suncor (59% Canadian), Sinopec (9% China), Imperial Oil (7.5% CDN and 17.5% USA) and Nexen (7% China)….Oil Sands Mining Operations.

Operator Syncrude
Operating 407,000
Construction 0
Total 407,000

Who is the owner of CNRL?

RBC Global Asset Management, Inc. TD Asset Management, Inc.

What is the price of oil per barrel?

Average annual Brent crude oil price from 1976 to 2022 (in U.S. dollars per barrel)

Characteristic Average crude oil price in U.S. dollars per barrel
2019 64.3
2018 71.34
2017 54.25
2016 43.67

Do Rothschilds own oil?

Most of the fuel oil reserves also belonged to the Nobel brothers and the Rothschilds. In particular, of 8.9 million poods of oil left in the warehouses of Nizhny Novgorod by April 1899, the Nobel brothers owned 2.96 million and Mazut owned 2.90 million poods, which constituted over 65 per cent.

Is Canada still buying oil from Russia?

By tonnage, Russia still tops Canada for U.S. imports in the category of refined petroleum products. In fact, when considering refined petroleum product imports by tonnage, Russia remains on top, at 25% of the total to Canada’s 18% — given the U.S. propensity to import “heavy fuels” from Russia.

Why does Canada not refine oil?

Refineries in western Canada process exclusively domestic oil due to their proximity to inexpensive WCSB production. These refineries process more oil sands synthetic crude and bitumen than refineries elsewhere in Canada.

Does Canada use Russian oil?

Tackling rising prices Canada has joined the US and UK in introducing a ban on Russian oil. That has seen prices pushed up as high as almost $130 (£98.56) a barrel since the war in Ukraine began.

Is China buying land in Canada?

In 2016, Chinese buyers spent a record $3.9-billion on Canadian commercial property, according to research from the commercial real estate firm CRBE. By last year, that amount had plummeted to $181.5-million, a 95-per-cent drop.