Oil and natural gas companies in Canada

• Oil and natural gas are nonrenewable sources of energy.

• Oil is a liquid mixture found underground that can be used to
make gasoline, diesel fuel, and many other products.
• Natural gas is a mixture of gases which are rich in hydrocarbons.
All these gases (Methane, Nitrogen, Carbon dioxide etc) are
naturally found in atmosphere.
• Conventional natural gas production in Canada is mainly from
Western Canada sedimentary Basin (WCSB) in British
Columbia, Alberta and Saskatchewan.
• Unconventional Natural gas is primarily located in northeast
British Columbia and northwest Alberta.
 Economic Contribution.
•Canada ranks as the world’s fifth largest producer of oil and natural
gas, with an average production per day of 3.6 million barrels of
crude oil and 13.7 billion cubic feet of natural gas(at year-end 2013).
•Canada is an important hub for innovation in the oil and gas sector.
•Canadian oil and natural gas provided $108 billion to Canada's GDP
in 2018.
•This sector supported almost 530,000 jobs across the country in
2017 and provide $8 billion in average annual revenue to
governments for the period 2016 to 2018.
•According to World’s Top Exports, Canada’s total exports were
valued at approximately $592.46, or $15,790 per Canadian in 2019.
 Canada’s key strengths in oil and gas
domain.
• Exploration and drilling.
• Production and refining.
• Extensive science and technology network.
• Abundant resources.
• Sophisticated financial institutions with experience
financing oil and gas projects.
 Companies Details
SR Company Name Global Head Annual Global Major
NO Quarters Turnover Competitor Products And
Services

1 Suncor energy. (1919) Alberta, $29.60 CAD Murphy oil Natural gas
Canada
2 Canadian Natural Calgary, $21.07 billion H/Cell Energy Natural gas
Resources. (1973) Canada Corporation
3 Northland Power Inc. Toronto, $1.7 billion Verenium Natural gas
(1987) Canada Corporation
4 Cenovus Energy. (2009) Alberta, $21.40 billion Verenium Oil and
Canada CAD Corporation Natural gas
5 ARC Resources Ltd. Alberta, $974.5 million Murphy oil Oil and Gas
(1996) Canada CAD
SR Company Name Global Head Annual Global Major
NO Quarters Turnover Competitor products and
services

6 Crescent Point Energy Alberta, $3.3 billion Gazprom Light oil and
Corp. (2001) Canada CAD Gas

7 Ovintiv Corporation. Denver, United $2.762 billion Rosneft Gas station

(2002) states

8 Husky Energy Inc. (1938) Calgary, $22.4 billion Gazprom Asphalts

Canada

9 Imperial Oil Ltd. (1880) Alberta, $1.122 billion Chevron Petrochemical

Canada

10 Pen growth. (1988) Calgary, $2.44 billion British Royalty trust

Canada petroleum
 Conclusion

• The energy mix used by Canada, and the world, will Continue
to evolve to include more renewable sources of electricity .
However, renewable's such as hydro, wind, solar and
geothermal are not alternatives for all oil and gas uses and
products, Therefore, oil and gas will continue to play an
important role in Canada as well as around the world as global
population grows and energy demand increases.