Who are the stakeholders in oil sands?
In an attempt to determine the key challenges and opportunities of creating a dialogue about sustainability in regards to the Alberta oil sands, 13 professionals from four key stakeholder groups (industry, government, media and NGO) were asked the same set of seven questions about their conceptualization of …
Who owns the Fort Mcmurray oil sands?
Suncor
Oil sands | Suncor. At Suncor, we extract, produce and provide energy from a mix of sources, ranging from oil sands to wind and renewable fuels. We’re a globally competitive integrated energy company with a global team of over 30,000 people.
What is the problem with oil sands in Alberta?
Large enough to be seen from space, tailings ponds in Alberta’s oil sands region are some of the biggest human-made structures on Earth. They contain a toxic slurry of heavy metals and hydrocarbons from the bitumen separation process.
How does the oil sands development affect the economy of northern Alberta?
The responsible development of oil sands is a key driver of Alberta’s and Canada’s economy. It creates jobs and tax revenue for government which support the social programs and capital infrastructure projects we rely on.
Who is Canada’s largest oil company?
Enbridge is the largest oil and gas company based in Canada. As of 2021, it had generated a revenue of some 33.7 billion U.S. dollars in its previous fiscal year. Enbridge is the country’s largest midstream company and based in Calgary, Alberta.
How much does the oil sands contribute to the Canadian economy?
In 2019, the oil sand industry invested more than $4 billion into the Canadian economy in the form of supplies and services across all provinces (excluding Alberta).
What is the future of the Alberta oil sands?
The key to the outlook is the staying power of the oilsands. Last year, raw bitumen production averaged three million bpd and it’s expected to rise — yes, rise — to almost 3.9 million barrels by the end of this decade. By 2050, the oilsands are still producing nearly 3.5 million bpd, according to this scenario.