BNET Industries
Last Fiscal Year Sales:$21.6B
- Public
- CA
Dow Jones Description
Petro-Canada drives Canada, or at least its cars. Founded in 1975 and headquartered in Calgary, Alberta, CA, Petro-Canada (NYSE: PCA (ADR); Toronto: PCA) is an integrated petroleum conglomerate. The company offers crude oil, natural gas liquids, natural gas, and more. It produces finished petroleum products like gasoline, jet fuel, petrochemicals, and diesel and heating oils. It has proven reserves of 1.2 billion barrels of oil equivalent and has over 1,300 gas stations across Canada. The company has annual revenue of about $14.4 billion and employs about 5,000 people. In 2006 the company sold its Syrian-producing assets for A484 million to a joint venture of companies owned by India's Oil and Natural Gas Corporation Limited and the China National Petroleum Corporation.
Number of Employees 4,816
Peer Companies
NAICS Code Petroleum Refineries: 324110
Recent Events
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Husky buys 98 gas stations from Suncor
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Suncor Energy Executives Take on the Heebee-jeebees in a BeatlesTM Rock BandTM Challenge to Raise...
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Hedge funds bet on big banks
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Husky snaps up Suncor stations
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Suncor underlines oilsands focus
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Kodiak Announces Board Appointment, New Chief Financial Officer and Exploration Update
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Canadian Oil Sands Trust Is Now the Single Most Attractive Oil Acquisition Target
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UTS land sale fails to spark shares
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Suncor CEO says merger savings to exceed target
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Greenpeace protestors target Suncor
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Suncor: Canadian Oil Sands Production Up More Than 25% In 2009
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Suncor to lay off 1,000
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UPDATE 1-Suncor says to cut 1,000 staff after takeover
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Merger expected to cost 1,000 jobs
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Suncor to seel off 104 gas stations
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Orvana woos, wins Kinbauri
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Risk to reward
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Suncor, Petro-Canada to Sell 104 Stations
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Petro-Canada earnings drop
News & Analysis
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petro-canada and shell canada ltd. - All News and Analysis
Marsulex ups refinery service agreements.(CANADA)
- 2004-11-01
Environmental services company Marsulex is in discussions with PetroCanada and Shell Canada Products to expand the services provided by its Montreal plant to the energy companies' refineries in Montreal. Under the proposed agreement, Marsulex will expand the capacity of its existing plant by more than 50...
Canadian Firms Planning Major Assault on Oil Sands.
- 2003-06-26
CALGARY -- Undeterred by massive cost overruns at two recent developments, Canadian oil companies are hatching plans for a potentially massive new wave of investment in extra-heavy oil sands. At the Canadian Association of Petroleum Producers' Capp annual investment conference in Calgary this week, senior executives took turns...
Devon to partner on wells
- 2003-01-24
OKLAHOMA CITY JR -- Devon Energy plans to drill one well in partnership with Shell Canada and participate in a second well on a separate license with Petro-Canada in Canada's Mackenzie Delta. Devon on Thursday said it has entered into an agreement with Shell Canada to drill the...
CANADIAN OIL FIRMS INCREASING OIL SANDS INVESTMENTS
- 2002-12-01
Petro-Canada and Shell Canada plan to spend more than $700 million collectively next year advancing their respective oil sands projects. Petro-Canada will spend $670 million next year on its oil sands projects, including a feed conversion at its 130,000-b/d Edmonton refinery that will enable the plant to process...
Offshore Canada
- 2002-12-01
With three offshore giants now flowing oil and gas, Eastern Canada eagerly looks toward the development of two more major projects and the drilling of a host of high-impact exploratory wells. Nova Scotia and Newfoundland are enjoying their most significant period of investment since World War II. The provinces are...
Petro-Canada, Shell Canada to Boost Capitol Spending.
- 2001-02-01
Suppliers to Canada's oil patch will benefit from increased investment next year. Petro-Canada said its capitol expenditures will rise by 11% in 2001, while Shell Canada 's investment will reach record levels. Petro-Canada will spend $1,410 M in 2001, compared with $1,275 M in 2000. The...
Marsulex hits purple patch in refinery clean up.
- 2000-05-01
Canada's Marsulex has signed new agreements in the US and Canada, including $100 million worth of fees expected from sulphur recovery at two oil refineries in Montreal, and Marsulex-funded sulphur and particulates removal plant worth $175 million across the border In Canada,...
Canada's petroleum industry getting back on track.
- 1988-02-01
Canada's Petroleum Industry Getting Back on Track Canadian oilmen are a tough-minded breed. No one has had it easy in the oil business in the past 15 years or so, but for Canadian marketers it has been an almost uniquely turbulent and difficult...
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Petro-Canada
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