Company Overview

As of August 1, 2009, Petro-Canada was acquired by Suncor Energy Inc. Petro-Canada, an integrated oil and gas company, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and internationally. The company also refines, markets, and distributes petroleum products, and related goods and services, including gasoline, diesel oils, heating oils, aviation fuels, heavy fuel oils, asphalts, petrochemicals, and feedstock for lubricants principally in Canada. It has natural gas property interests in western Canada, the U.S. Rockies, Alaska, North West Territories, and the Arctic Islands. Petro-Canada also owns interests in the Syncrude oil sands minin...

As of August 1, 2009, Petro-Canada was acquired by Suncor Energy Inc. Petro-Canada, an integrated oil and gas company, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and internationally. The company also refines, markets, and distributes petroleum products, and related goods and services, including gasoline, diesel oils, heating oils, aviation fuels, heavy fuel oils, asphalts, petrochemicals, and feedstock for lubricants principally in Canada. It has natural gas property interests in western Canada, the U.S. Rockies, Alaska, North West Territories, and the Arctic Islands. Petro-Canada also owns interests in the Syncrude oil sands mining operation, the MacKay River in situ oil sands operation, and the Fort Hills oil sands mining and upgrading project. In addition, the company has operations offshore Newfoundland and Labrador, and holds interests in the Hibernia, Terra Nova, Hebron, and White Rose oilfields. It also conducts operations in the United Kingdom, the Netherlands, Trinidad and Tobago, Libya, Syria, and Norway. Petro-Canada operates a distribution network, using pipeline, road, rail, and marine transportation to deliver refined products to retail outlets, and commercial and industrial customers. In addition, the company operates convenience stores, as well as provides car washes, and automotive repair and maintenance services. It serves farm, home heating, paving, small industrial, commercial, and truck markets. As of December 31, 2008, Petro-Canada’s network of retail sites consisted of 1,323 outlets in Canada, of which 808 were company controlled. The company was founded in 1969 and is headquartered in Calgary, Canada.

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