Syncrude Canada Ltd. · Fort McMurray, AB Canada
Company Description
Phone: +1-780-790-6403
Fax: +1-780-790-6270
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It's no sin to be interested in crude material. Syncrude Canada is the world's largest producer of light sweet crude oil from oil sands, and operates the Syncrude Project, a large oil sand mine and supporting plants that produce value-added light, sweet crude oil. Located in the Athabasca Oil Sands, the Project is the #1 single source of oil in Canada, producing 111.3 million barrels annually. The Syncrude Project is a joint venture operated by Syncrude Canada and owned by seven oil and gas entities, including Canadian Oil Sands Trust , Imperial Oil , and Suncor Energy . In 2009 ConocoPhillips announced plans to sell its 9% stake in order to reduce debt. Syncrude supplies about 13% of Canada's crude oil needs. To read the full description, subscribe now.
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Key Syncrude Canada Ltd. Financials
| Company Type | Private - Consortium Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $3,362.8 |
| Employees | 4,000 |
Syncrude Canada Ltd. Executives
2 executives listed for Syncrude Canada Ltd.'s Fort McMurray, AB location.
| Title | Name & Bio | Contact |
| Chairman | Marcel Coutu | Network |
| President and CEO | Tom Katinas | Network |
Competition
Competitive Landscape for Syncrude Canada Ltd.
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Syncrude Canada Ltd. Competitors
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