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https://www.youtube.com/watch?v=Bqe9JS7NMWA Imperial Oil Assignment Case Study Imperial Oil Ltd (Imperial Oil), a subsidiary of Exxon Mobil Corporation, is an integrated energy company. It has a
https://www.youtube.com/watch?v=Bqe9JS7NMWA Imperial Oil Assignment Case Study Imperial Oil Ltd (Imperial Oil), a subsidiary of Exxon Mobil Corporation, is an integrated energy company. It has a presence in the entire value chain of petroleum industry including exploration, production and sale of crude oil and natural gas. It is one of the largest integrated oil company in Canada and has operations is upstream, downstream and chemical segment. ccording to the National Energy Board (NEB), Canada is the fourth-largest producer of crude oil in the world and has the third largest proven reserves of crude oil. Of Canada's 171 billion barrels of proven recoverable reserves, 166.3 billion barrels are located in the oil sands of Alberta. About 5% of oil sands in Canada can be surface mined with the remainder accessible by in situ drilling methods. A further 4.7 billion barrels of Canadian oil are held in conventional, offshore, and unconventional tight oil formations. Within Canada's extensive oil industry, there are two main areas of production: The Western Canada Sedimentary Basin. The Eastern Canada offshore basins. In 2018, the NEB reported that the estimated Canadian production reached an average of 728,853 cubic metres per day. Of that production: 360,948 cubic metres per day was light oil including conventional light oil and upgraded bitumen. 367,904 cubic metres per day was heavy crude oil. Increasingly, light sweet crude is produced by unconventional methods that combine horizontal drilling and hydraulic fracturing to access low permeability oil reserves. These new extraction methods have created opportunities for oil production on previously unsuitable land. if you're the Canadian Law Makers' secretaries defending the building of these pipelines to the common citizens of Canada. Highlight the laws which support the Canadian Fossil Fuel Industry and the legislation in place to protect the environment from the affects of fossil fuel production. |
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