Canada Participates in 'Olympian Event' of the Energy Sector

CALGARY, Nov. 21, 2011 /CNW/ - The largest international gathering of the energy sector takes place in early December and Canada will be there. Members of the Canadian Association World Petroleum Council (CAWPC) are meeting at the 20th World Petroleum Congress from Dec. 4th to Dec. 8th, 2011 in Doha, Qatar.

The World Petroleum Council and its Congress Program Committee set the theme and program for the triennial event. This year's theme - "Energy Solutions for All: Promoting Innovation, Cooperation and Investment" - will focus the discussion on solutions aimed at securing global access for everyone to reliable, affordable and sustainable energy in both the near and longer term future. Council members believe that to achieve this goal producers, consumers, governments and societal representatives need to work in close cooperation to develop innovative ways to find and develop new oil, gas and alternative energy resources, as well as to set higher standards for wiser, more efficient and cleaner energy consumption.

Council members further recognize that the need for a long term view on the massive investments required by the energy sector, and the returns to investors that adopt such a visionary approach merit consideration and debate, and this is reflected in the Congress program.

The 20th World Petroleum Congress program covers "all aspects of the industry, from technological advances in upstream and downstream operations, to the role of natural gas, renewable and complementary energy, the management of the industry and its social, economic and environmental impact."

For the first time ever, the World Petroleum Congress takes place in the Middle East, in Doha, Qatar, a country that has used its oil wealth to fund culture, science and education in a dramatic feat of nation-building. Today, Qatar is one of the most influential countries in the Middle East. The host country welcomes global oil and gas audiences and outside stakeholders including governments, other industry sectors, NGOs and international institutions. Canada hosted the World Petroleum Congress in 2000.

Attendance at the 20th World Petroleum Congress is expected to reach over 4000 delegates, 600 media and 550 presenters.  Strong Canadian representation includes CAWPC industry members, federal and provincial government representatives and Canadian research institutions. Canada is emerging as an energy superpower on the world stage; several Canadians are scheduled to present papers and keynote addresses, and to chair sessions.

Neil McCrank, Q.C., P. Eng. and Chairman of the Board for CAWPC sums up what Canada means to the Congress and what the Congress means to Canada:

"Canada is well positioned to occupy a leadership role in the global energy sector. The World Petroleum Congress provides the best international forum for Canada, its provinces, Canadian energy and service companies and related institutions to demonstrate this leadership."

CAWPC members sponsor Canada's presence at the World Petroleum Congress. This year's sponsors include Gold Sponsors: Government of Alberta; Borden, Ladner, Gervais LLP; Government of Canada; Nexen Inc.; SNC-Lavalin; TD Securities; Silver Sponsors: Bennett Jones LLP;  Macleod Dixon LLP; Petrobank Energy and Resources Ltd; Bronze Sponsors: Alberta Innovates - Technology Futures; Barrick Energy Inc.; ERCB - Energy Resources Conservation Board; Golder Associates Ltd; Gran Tierra Energy Inc.; National Research Council; Government of Nova Scotia, Department of Energy; PwC Canada; Suncor Energy Inc.

A committee from each member country of the World Petroleum Council, including the CAWPC, presents an exhibit featuring prominent oil and gas companies and related agencies and governments. Canadian CAWPC members will be on display in the Canadian pavilion within one of the exhibition halls. The World Petroleum Exhibition features exhibits from the largest independent oil and gas companies, as well as international and regional service companies. The exhibition will welcome more than 500 exhibitors and over 12,000 visitors in an area of 35,000 square metres of space.

The 20th World Petroleum Congress inaugurates the Qatar National Convention Centre, the world-first green technology convention and exhibition centre built to LEED (Leadership in Energy and Environment Design) standards. Innovations include water conservation and energy efficiency, with over 3,500 m2 (37,674 sq ft) of solar panels providing 12.5 percent of the Centre's energy needs. The Qatar National Convention Centre seats 10,000 in the exhibition halls, 4,000 delegates in the Conference Hall, 2,300 in the lyric style theatre and is equipped with three tiered auditoriums and 57 meeting rooms for a total of 430,557 sq. ft. of space.

Fact Sheet

Canadian Association World Petroleum Council (CAWPC)

  • CAWPC is the Canadian national committee of the World Petroleum Council. It is a premiere network of energy professionals.  Members are Canadian companies, academe and research institutes as well as government organizations who are committed to the achievement of excellence in the Canadian and global energy industry. For a complete list of current members, visit www.wpccanada.com.
  • The World Petroleum Council is the only international organization representing all aspects of the petroleum sector. Established in 1933, its purpose is to "promote the management of the world's petroleum resources for the benefit of mankind." The World Petroleum Council's prime function is to catalyze and facilitate dialogue among stakeholders - both internal and external to the petroleum industry - on key technical, social, environmental and management issues in order to contribute towards seeking solutions to those issues. The World Petroleum Council is a non-advocacy, non-political organization and has accreditation as a Non-Governmental Organization (NGO) from the UN. As such, the organization does not take a formal position on issues but does act as a forum to bring together in dialogue the various sectors of society that have views on specific issues.1
  • Canada, as a member of the World Petroleum Council, is one of over 60 member countries from around the world, representing over 95% of the global oil and gas production and consumption. World Petroleum Council membership is unique as it includes both OPEC and Non-OPEC countries, with representation from National Oil Companies (NOCs) as well as from Independent Oil Companies (IOCs). Each country has a national committee made up of representatives from the oil and gas industry, academia and research institutions, besides government departments. The governing body of the Council consists of representation from each country's national committee. The World Petroleum Council is headquartered in London.2
  • Every three years the Council organises the World Petroleum Congress hosted by one of its member countries.3 The "Olympian Event of the Oil and Gas Industry", the World Petroleum Congress is held over five days with more than 4000 delegates, 600 media and 550 presenters participating in a program that covers all aspects of the industry, from technological advances in upstream and downstream operations, to the role of natural gas, renewable and alternative energy, the management of the industry and its social, economic and environmental impact.4 The Congress is attended by a global oil and gas audience and outside stakeholders such as governments, other industry sectors, NGOs and international institutions who also join in the dialogue.5
  • The World Petroleum Exhibition, held alongside the congress, and in the same venue, features exhibits from the national committees of the World Petroleum Council, which include the most prestigious national oil and gas companies and agencies of the world. It also showcases the most important international oil and gas companies alongside key suppliers, service companies and manufacturers. This is the most significant global exhibition dedicated to the oil and gas industries.6

Canada in the World of Energy

  • Canada's production of "primary" energy - i.e. energy found in nature before conversion or transformation - totalled 16 543 petajoules, with energy sources making up this figure as follows: Fossil Fuels Natural Gas 37.7%, Crude Oil 36.8%, Coal 8.2%; Renewables Hydroelectricity 7.9%, Wood 3.4%, Emerging Forms (wind, tidal, solar) 0.1%; Nuclear Energy (generated from the primary source of uranium) 5.9%. (based on nuclear electricity conversion factor of 11.564 megajoules per kilowatt hour (Mj/KWh)7

Fossil Fuels: Oil and Gas

  • Twelve provinces/territories in Canada produce oil and gas. Overall, 87.2% of Canada's crude oil production comes from the western Provinces: Alberta, B.C, Saskatchewan and Manitoba.8
  • Oil Reserves: Canada's oil sands rank the country third among the top five countries in the world in terms of oil reserves, along with #1 Saudi Arabia, #2 Venezuela, #4 Iran, #5 Iraq. Our proved reserves of crude oil are estimated to contain 175.2 billion barrels (bbl) (ranking as of Jan. 1, 2011).9
  • East coast offshore conventional crude oil reserves are now estimated to be 974 million barrels. Alberta's conventional crude oil reserves are estimated to be 1,490 million barrels.10
  • Oil Production: In 2010, Canada produced 2.8 million barrels of oil per day.11 Table below shows the annual estimated 2011 totals by province in cubic metres per day (m3/d).


2011 Estimated Production of Canadian Crude Oil and Equivalent (M3/D)  

Annual Estimated Total by Province/Territory*

 

 

 

 

 

 

 

 

Conv. Light Crude

 

 

 

 

AB

661552

 

 

 

BC

37952

 

 

 

SK

287320

 

 

 

MB

75472

 

 

 

NWT/NT

24148

 

 

 

NFL/NL

463975

 

 

 

ON

2776

 

 

 

SUB-TOTAL:

 

1553195

 

 

 

 

 

 

 

AB  Upgraded Bitumen1

 

 

 

 

SUB-TOTAL:

 

1629740

 

 

 

 

 

 

 

C5+ / Condensate

 

 

 

 

AB

230358

 

 

 

BC

14755

 

 

 

SK2

1200

 

 

 

NS

12030

 

 

 

SUB-TOTAL:

 

258343

 

 

TOTAL LIGHT:

 

 

3441281**

 

 

 

 

 

 

Heavy Crude Oil

 

 

 

 

AB Conv.

261276

 

 

 

AB Non-upgraded Bitumen3

1453248

 

 

 

AB Sub-total:

1714526

 

 

 

SK Conv. 

536537

 

 

 

SUB-TOTAL:

 

3965587

 

 

TOTAL HEAVY:

 

 

3965587

 

TOTAL PRODUCTION:

 

 

 

7406868

 

 

 

 

 

NOTES:
       

* Calculated, based on figures published by NEB at www.neb-one.gc.ca, 'Table 1'. Both industry-supplied figures and NEB estimates are represented in the totals. 

1Includes synthetic crude oil and distillate production at Suncor (as of Nov. 2005, includes Suncor's Firebag production), Syncrude and AOSP

2Saskatchewan pentanes plus production is estimated to be 100 m³/d as no other data is available

3 Includes all in situ produced bitumen (as of Nov 2005, excludes Suncor's Firebag production)

** Figures rounded up.        

 

  • Using today's available technology, Canada has 175 billion barrels of oil that can be recovered economically. Of this number, 170 billion barrels are located in the oil sands.12 Today, over half of Canada's crude oil production is from the oil sands.13
  • Investment: The majority (79%) of world oil reserves are owned or controlled by national governments with only 21% accessible for private sector investment, 56% of which are found in Canada's oil sands.14
  • Today there are 18 refineries across nine provinces in Canada. Cleaner, more efficient and expanded, these facilities have a combined capacity that is double that of the 44 refineries that existed in the 1970s. 15
  • Oil Exports: In 2010 Canada exported 2599 thousand barrels daily (bbl/day) of crude and oil products Of this number, 2,532 barrels daily were exported to the U.S.16
  • Natural Gas Reserves: At the end of 2010, the estimated total proved reserves of natural gas in Canada translated into 60.4 trillion cubic feet (tcf).17
  • Natural Gas Production: Canada produced 5.4 trillion cubic feet (tcf) of natural gas in 201018 making it the world's third largest producer of natural gas after the United States (#1) and Russia (#2) and ahead of Iran (#4) and Qatar (#5).19
  • Natural Gas Exports: Canada ranks fourth in the world for natural gas exports which totalled 8.94 billion cf/d in 2010.20 The U.S. is currently Canada's only export market for natural gas, and meets 14 per cent of U.S. natural gas needs.21
  • Energy Exports: In 2010, Canada's energy exports were worth $94 billion or 23% of total merchandise trade representing roughly 6% of Canada's Gross Domestic Product (GDP).22

Nuclear Energy

  • Nuclear Energy Production: There are 22 reactors in Canada; the industry is mainly concentrated in Ontario but also has a presence in Quebec, New Brunswick and Saskatchewan.23 Nuclear energy contributes around 15% of Canada's total electricity needs (50% in Ontario.)24 There are currently no firm commitments from any province or territory within Canada to build a new nuclear power reactor.25

Renewable Energy

  • Canada has abundant renewable energy resources which contribute over 11% to the country's total primary energy supply. By harnessing the power of flowing/falling water and ocean waves/tides and producing biomass, wind, solar, and geothermal energy, Canada contributes to a sustainable energy future.26
  • Electricity Generation: Along with China and the U.S., Canada figures among the top three producers of hydro power in the world.27 Almost 59% of Canada's electricity is generated through hydro electric power. Coal, uranium, natural gas, petroleum and non-hydro renewable sources make up the balance.28
  • Forms of energy Canada produces from biomass include electricity, industrial heat from wood waste, space heating from firewood, and bio-fuels from agricultural crops. Emerging energy sources include solar and wind and these are growing rapidly in Canada (See example below.) 29
  • Wind Energy Example: With continued interest from electricity producers and governmental initiatives, wind capacity has expanded in recent years and is forecasted to continue to grow.30 A decade ago, Canada had 60 wind turbines, 8 wind farms and 23 installed megawatts.31 As of Sept. 2011, Canada has an installed capacity of 4,708 mw across 11 provinces and territories, with Ontario (1,656.4 mw), Alberta (806.5 mw), and Quebec (759.4 mw) leading the way.32
  • Total availability of energy from primary electricity, hydro and nuclear at the end of 2009 was 1,524,789 terajoules.33
  • Exports of energy from primary electricity, hydro and nuclear totalled 186,255 terajoules in 2009.34

Domestic Supply and Consumption

  • Canada's oil reserves are sufficient to meet demand for the next 200 years at current rates of production.35
  • Oil sands can meet Canada's demand for petroleum products like gasoline and diesel (based on our current consumption) for 250 years.36
  • One trillion cubic feet (tcf) of natural gas will heat all gas-heated homes in Canada - almost five million - for one year. Alberta alone has an estimated 223 trillion cubic feet (tcf) of which 136 tcf have been produced.37
  • Canadians consumed 2.8 tcf of natural gas in 2010. This takes into account all sectors: commercial, industrial, transportation, electricity generation and residential. 38

Air Quality

  • Canada is one of the only major oil-producing nations to have established an economy-wide GHG reduction target. By signing on to the Copenhagen Accord, Canada has committed to reducing GHG emissions by 17 per cent below 2005 levels by 2020.39
  • The Federal and Provincial governments are investing approximately $3 billion to help make Canada a global leader in carbon capture and storage (CCS) technology. Industry and government are cooperating to demonstrate the commercial and technical viability of CCS in Canada.40
  • Between 1990 and 2011, GHG emissions associated with every barrel of oil sands crude produced have been reduced by 29%.41

________________________________

1 World Petroleum Council, www.world-petroleum.org
2 Ibid.
3 Ibid.
4 World Petroleum Congress, www.20wpc.org
5 See www.20wpc.org
6 See www.20wpc.org
7 Natural Resources Canada, Statistics-fact, Energy, www.nrcan.gc.ca
8 Natural Resources Canada
9 CAPP 2011, and also CIA, www.cia.gov/library/publications/the-world-factbook/ge This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
10 National Energy Board, www.neb-one.gc.ca/clf-nsi/rnrgynfmtn/nrgyrprt/nrgyvrvw/cndnnrgyvrvw2010/cndnnrgyvrvw2010-eng.html#nnx1)
11 CAPP, Upstream Dialogue, The Facts on: Oil Sands, p. 13, June 2011.
12 ERCB and Oil and Gas Journal
13  CAPP, 2011: Upstream Dialogue, The Facts on: Oil Sands, June, 2011.
14 CAPP, 2011: Upstream Dialogue, The Facts on: Oil Sands, June, 2011.
15 Canadian Petroleum Products Instittute, About the Industry, Refining Operations, www.cppi.ca/index_e.php?p=23
16 BP Statistical Review of World Energy, June 2011, www.bp.com/statisticalreview 'Oil Inter-area Movements 2010'.
17 National Energy Board,  www.neb.gc.ca/clf-nsi/rnrgynfmtn/nrgyrprt/nrgyvrvw/cndnnrgyvrvw2010/cndnnrgyvrvw2010-eng.html#s4
18 National Energy Board, 2010 www.neb-one.gc.ca/clf-nsi/rnrgynfmtn/sttstc/mrktblntrlgsprdctn
19 CAPP, 2011: Upstream Dialogue, The Facts on: Natural Gas, Sept., 2011, p. 20.
20 National Energy Board, www.neb.gc.ca/clf-nsi/rnrgynfmtn/nrgyrprt/nrgyvrvw/cndnnrgyvrvw2010/cndnnrgyvrvw2010-eng.html#s4CIA, www.cia.gov/library/publications/the-world-factbook/ge (Jan. 1, 2011 est.)
21 CAPP, 2011: Upstream Dialogue, The Facts on: Natural Gas, Sept., 2011, p. 23.
22 National Energy Board, Energy Trade - Energy Facts, July 2011 http://www.neb-one.gc.ca/clf-nsi/rnrgynfmtn/nrgyrprt/nrgdmnd/nrgytrdfct2011
23 Natural Resources Canada, The Canadian Nuclear Industry and Its Economic Contribution,www.nrcan.gc.ca/energy/sources/uranium-nuclear/1526
24 Ibid.
25 Ibid.
26 Natural Resources Canada, www.nrcan.gc.ca/energy/renewable/1297
27 Renewables 2010 Global Status Report, Sept. 2010,  p. 13, REN21 Renewable Energy Policy Network for the 21st Century, Paris: REN21 Secretariat.
28 Natural Resources Canada, www.nrcan.gc.ca/energy/sources/electricity/1284
29 Natural Resources Canada, www.nrcan.gc.ca/energy/renewable/1297
30 Natural Resources Canada, www.nrcan.gc.ca/energy/renewable/1297#bio
31 Natural Resources Canada, www.nrcan.gc.ca/energy/renewable/1297#bio
32 Canadian Wind Energy Association, List of Wind Farms in Canada, Sept. 2011, www.canwea.ca/farms/wind-farms_e.php
33  Statistics Canada, Energy Statistics Handbook, Second Quarter 2011, Key Resource, Publications, Cat.#57-601-x, www.statcan.gc.ca/pub/57-601-x
34 Statistics Canada, Energy Statistics Handbook, Second Quarter 2011, Key Resource, Publications, Cat.#57-601-x, www.statcan.gc.ca/pub/57-601-x
35 Natural Resources Canada, www.nrcan.gc.ca/energy/sources/infrastructure/1607
36 Natural Resources Canada, Statistics-fact, Energy, www.nrcan.gc.ca
37 Natural Resources Canada, www.nrcan.gc.ca,
38  CAPP, 2011: Upstream Dialogue, The Facts on: Natural Gas, Sept., 2011, p. 18, 19.
39 Natural Resources Canada, Oil Sands - GHG Emissions, http://www.nrcan.gc.ca/energy/sites/www.nrcan.gc.ca.energy/files/files/OilSands-GHGEmissions_e.pdf
40 Natural Resources Canada, Oil Sands - GHG Emissions, www.nrcan.gc.ca/energy/sites/www.nrcan.gc.ca.energy/files/files/OilSands-GHGEmissions_e.pdf
41 CAPP, Environment and Community, What We're Doing, Doing Our Part, www.capp.ca/environmentCommunity/Climate/Pages/What-We-Are-Doing.aspx#udRRBfeaI7Ai


 

Image with caption: "Oil jack (CNW Group/Canadian Association World Petroleum Council)". Image available at: http://photos.newswire.ca/images/download/20111121_C7901_PHOTO_EN_7010.jpg

SOURCE Canadian Association World Petroleum Council

For further information:

For more information about CAWPC, its members and sponsors, and the 20th World Petroleum Congress, please contact:
Lea Chambers
Marketing and Communications Officer
CAWPC
Email: CAWPCOffice@ercb.ca  or Lea_Chambers@golder.com
Canadian Association World Petroleum Council
1000 - 250 5th St. S.W.
Centennial Place, West Tower
Calgary, Alberta T2P 0R4 Canada
Tel.: +1 (403) 218-2000 www.wpccanada.com

Profil de l'entreprise

Canadian Association World Petroleum Council

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.