Essays on Oil Sands

Imperial Oil is a giant Oil and gas producing company based in Calgary, Canada. It is the second largest integrated petroleum company in Canada and has employed profitable strategies which stimulated its growth since its establishment in1880. Its operations include exploration and extraction of oil and gas, manufacture and distribution of petroleum products, production of chemicals for industrial and domestic use through innovative and sustainable technology. It has been paying dividends to its shareholders for 21 consecutive years. The success of IOL can be attributed to the efficient deployment of its resources, capitalizing on its strengths and using the ...

Introduction

According to Alexander (2014), the oil sands of Alberta have around 1.7 to 2.7 trillion barrels of bitumen reserves. The recoverable oil resource in Canada is second only to that of the leading oil producer, Saudi Arabia. The vast oil reserves are capable of supplying Canada’s energy needs for over 500 years. Presently, nearly 40 percent of Canada’s oil production is generated from the oil sands (Alexander, 2014). They comprise mainly of bitumen mixed by sand and water. Alberta’s major oil sands are located in Cold Lake, Athabasca, and Peace River. Different deposits and areas have ...

Imperial Oil, founded in 1880 is a giant petroleum producing company, with its headquarters located in Calgary, Canada. It is the second largest integrated petroleum company in Canada and has registered a phenomenal growth since its inception. Its operations consist of exploring and producing oil, manufacturing and distributing petroleum products for energy sources, producing chemicals for industrial and domestic use through innovative and sustainable technology. ( Annual report, 2016) reports a cash generation of $22 bn from operations only during 2010-2015. Its performance can be evaluated from the growing dividends paid to its shareholders in last 21 consecutive years. Imperial ...

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Introductory remarks

Alberta oil is one of the largest oil fields in the world. According to Simon Dyer, “The Canadian oil sands are the second largest proven oil reserve after Saudi Arabia” (Dyer, 2009). The commercial development of the Alberta oil sand had begun in the late 1960s. By the time World War I had arrived, and after the war was over, Canada was almost entirely dependent on oil from foreign countries. Canadians, after the war, began to wonder if the nation had any oil resources of their own. This interest led to the creation of the Alberta Research ...

Introductory remarks

With the depletion of crude oil deposits across the world becoming a reality with every new day, the world has been forced to start looking at alternative sources of oil. One of these unconventional sources of oil is the bitumen oil found in oil sands. Canadian oil sands have been identified as the second largest oil reserves in the world after those in Saudi Arabia. Most of these oil sands are found in the province of Alberta. These oil reserves are estimated to be an approximate 175 billion barrels of bitumen and sit across an area of 140,800 ...

Undeniably, environmental issues have attracted global interest. All economic activities take place in the environment. Therefore, it is imperative to address any matter affecting the environment with urgency. Production activities in industries result in high economic benefits since they supply goods and services that are fundamental to human life. However, most of the environmental problems experienced throughout the world emanate from these activities. The decisions made by governments as well as companies’ managements affect the value of the environment positively or negatively. Therefore, the decision-making process in public or private institutions must consider the environmental impacts. Media plays a ...

South of the polar Northwest Territories’ (NT) barren tundra lies the province of Alberta. The Canadian boreal forest provides expansive acres of natural habitat landscape for an array of plant and animal species. Ecologically, the Albertan forests and bogs arrest vast quantities of carbon-based pollutants, and their extensive hydrological network filters and purify millions of gallons of water. The boreal is also home to Aboriginal Communities which depend directly on the forest resources for their livelihoods (Regional Aquatics Monitoring Program [RAMP]). Nevertheless, this immaculate natural paradise is central to one of the today’s most contentious issues about the ‘ ...

Introduction

Although technological revolutions continue to transform the industrialized world, the development of industry has not been without its negative consequences, such as Global Warming. The scientific community has come to view carbon dioxide as one of the main contributors to the phenomenon of global warming. Showing great concern and initiative to tackle this problem head on, the Canadian government has proposed several solutions, including the imposition of the Carbon tax. By taxing companies based on the greenhouse gas emissions generated from the fossil fuels they burn, the government and environmental groups believe this policy can help to control the ...

Abstract

Carbon Capture and Storage Technologies (CCS) is a technological method that is used to reduce the emission of carbon dioxide into the atmosphere from a variety of sources including industries and fossil fuels production and power sources. This type of technology involves the capture of dioxide either after burning or before burning and then transporting via ships or pipelines and then directing it into the deep underground for storage purposes. This type of technology has been in existence since the 1970’s and has rapidly evolved over time. In fact, the increased impact of the greenhouse effect due to increased amounts ...

Introduction

Global warming and pollution has led companies to rethink their activities concerning green methods of production. Carbon dioxide emissions are the leading cause of global warming and the dangers of global warming have been documented for a long time. Governments have come up with restrictions on emissions, which have forced companies to re-think the way they do production. Quest carbon capture and storage project is one example of how companies are re-thinking their strategy and practice towards carbon emissions. This project is developed by Shell for its Athabasca oil sands project (AOSP) in Alberta. It is the first carbon capture ...

Hydraulic fracturing or fracking is the technology that helps to get non-conventional fossil fuels’ sources. They existed along with traditional fuel basins. But companies weren't interested in these sources until the traditional fuel stores started to dry out. “Fracking, is a drilling technique used for extracting oil or natural gas from deep underground” (Lallanilla, 2015). There are two types of technology: hydraulic fracturing and horizontal drilling. The last one appeared only in 1990s, while hydraulic fracturing was used from 1940s. Both technologies have similar processes. The first stage is drilling a vertically or angled well to the depth of 1-2 ...

Introduction

The bituminous sand that is found in Alberta, Canada is a key resource to Canada. It has played a key role in the development of the country. The mining industry in Canada has played a key role in the economic development of Canada. It has been discovered that nearly approximately 10 percent of oil is considered to be economically recoverable with the use of technologies that are currently being developed. With this, Canada is ranked the third in oil energy reserves after Saudi Arabia, and Venezuela. It is estimated that oil sands will account for approximately 25% of oil liquid supply in ...

- What causes climate change? Define the Greenhouse Effect

Greenhouse gases (GHG) allow sunlight to enter the atmosphere and absorbs the heat produced by that light. Most of this heat energy is trapped within the atmosphere by the GHG while some of them are let out into the space. The phenomenon of atmospheric heating due to the GHG is called as the greenhouse effect. Gases such as carbon dioxide, methane, nitrous oxide and fluorinated gases form the greenhouse gases. Burning of fossil fuels, manufacturing processes, decay of organic matter, agricultural industries and emission of synthetic fluorinated gases from various ...

It is now evident that as the world has extracted most of the less polluting oil, attentions are now being turned on the kind of oil that leaves the environment with a lot of dirty sludge- oil sands. Oils sands are partially consolidated sandstones or loose sands that contain naturally occurring mixture of clay, sand and water, saturated with extremely viscous and dense form of petroleum that is technically referred to as bitumen. Colloquially, it is also known as tar, due to the similar appearance in color and odor. The Canadian crude oil sands or bitumen is very thick and ...

China’s Petroleum Investments in Canada

The foreign control of organizations located in Canada has been a topic of substantial debate in Canada. The preoccupations associated with the foreign control of organizations that were previously perceived as Canadian organizations have been steadily increasing over the past few decades. Many debate that half of all of the manufacturing operations in Canada are owned by foreign national originations. Conventionally, the foreign control of Canadian organizations was a heated issue in Canada during the decades of the 1960s and 1970s when it had been perceived that the United States investment in Canada had achieved hew record highs. The debates have ...

What is it?

The Keystone Pipeline consists of a nearly 2,000-mile oil pipeline. Built in four phases, the last of which awaits presidential approval and perhaps, the most divisive, the Keystone XL built from Alberta, Canada to a hub in Nebraska, that would send the oil to be refined to the Gulf coast of Texas by Canadian company, TransCanada. The prized Alberta oil sands holds roughly 168 billion recoverable barrels of heavy crude called bitumen. This project would traverse across six states.

What are the PROS and CONS of the Keystone Pipeline?

In this paper, the pros and cons of the Keystone Pipeline would be analyzed, a topic that has become a divisive issue for ...

Abstract

Keystone XL Pipeline is a project proposed that is expected to offer energy security to the US and strengthen its economy. The crude oil pipeline is expected to cover 1,897 kilometers and estimated to be of 36 inches in diameter. The pipeline is expected to run from Hardisty, Alberta to Steele city in Nebraska. The pipeline is also expected to improve the American economy by opening up the American Midwest markets and the markets found along the Gulf Coast of the US. The Keystone system consists of different operational phases that include phase I, II and III, the Gulf ...

Resource-Based View Analysis

Physical analysis Husky Energy Inc. is omong one of Canada's biggest incorporated vitality organizations, headquartered in Calgary, Alberta. It is merchandized on an open market on the Toronto Stock Exchange under the images HSE and Hse.pr.a. The Company works in Western and Atlantic Canada, the United States and the Asia Pacific Region, with Upstream and Downstream business sections. Husky Energy is controlled by Hong Kong elite rich person Li Ka-Shing who possesses a larger part imparts of more or less 70% as per Bloomberg and Financial Post information. Husky's establishment is in Heavy Oil and Western Canada, where it ...

(Professor/Instructor) (Course/Major)

Introduction In the 21st century, two facts will pose significant threats to the global economy. One, the demand for energy across the globe will grow by at least 50 percent by 2030, and the use of non-renewable energy sources will continue to be the main source of energy, supplying 86 percent of global demand. Alberta, Canada is in a prime position to capture a major part of the global energy demand market. Located in the western part of Canada, Alberta is second only to Saudi Arabia in identified energy reserves among the global market players. Majority ...

About the Company:

Suncor Energy Inc is an energy based company in Canada with its primary operations based on acquiring, developing, producing and marketing of Oil and Natural Gas in Canada and globally. The company at present has its focus on developing petroleum resource basin in Athabasca Oil Sands. Apart from its major operations, the company is also involved in marketing activity of third party petroleum products. Suncor Energy operates under three segments: Oil Sands, Exploration-Production and Refining-Marketing.

Models for Intrinsic Valuation:

1)Dividend Discount Model: Value of Stock = [Current Dividend(1+growth Rate)]/ Cost of Equity- Growth Rate

Below are the required fundamentals of the company:

Current Dividend: $0.83 Average ...

Introduction.

The cross-country pipelines, which cover most parts of US transverse through terrains of forests, crop fields, rivers, deserts, off shores, hills, and populated areas. Any malfunction of these pipelines implies a devastating effect on the environment. This means that designing the pipelines require skills, and a consideration of social and environmental aspect along with other technological alternatives. Environmentalists view pipelines as high risk potential sources of environmental degradation from oil spillages and raptures (Flora, 2005). Economists and policy makers, on the other hand, view them as the cheapest and safest means of fossil fuel delivery. This has posed a debate on environmental ...

Executive Summary

Royal Dutch Shell is a global fossil fuel exploration, production and transport company. The balance sheet of Shell is in the black. They have made successful changes in order to stream line a top heavy employment hierarchy. They are optimistic and positive about their new locations for extracting gas as the easy oil pools from drilling are being used up. The problem I see is that they are using extraction methods that cost more than the efforts for extraction. If pollution clean-up and health costs of local populations are added to the calculations the Shell balance sheet, unfortunately would not show a ...