Who owns the Co-op refinery in Regina?
Federated Co-op
Federated Co-op is selling its crude oil assets across Western Canada, but will be retaining ownership of the Regina refinery.
How many coop refineries are there in Canada?
Canada has 17 refineries in operation, with 14 refineries producing gasoline 2.
What does the co-op Refinery produce?
Processed crude is used to produce gasoline, diesel, propane, butane, sulphur, heavy fuel oil, smelting grade coke and asphalt. The CRC also blends and distributes packaged private-label oil and lubricant products, such as motor oil.
Who owns FCL?
FCL is a wholesaling, manufacturing, marketing and administrative co-operative owned by more than 160 independent local co-operative associations. These local co-ops own and operate agro centres, food stores, gas bars/convenience stores and home centres.
Where are Canada’s oil refineries?
Canada is home to 18 refineries: 5 in Alberta, 5 in Ontario, 2 in British Columbia, 2 in Saskatchewan, 2 in Quebec, 1 in New Brunswick, and 1 in Newfoundland and Labrador. Together they have a total refining capacity of nearly 2 million barrels of oil a day.
How many oil refineries are there in Saskatchewan?
1
Number of petroleum refineries in Canada in 2019, by province
| Characteristic | Number of refineries |
|---|---|
| Quebec | 2 |
| New Brunswick | 1 |
| Saskatchewan | 1 |
| Newfoundland and Labrador | 1 |
What is the largest oil refinery in Canada?
The Irving Oil Refinery
The Irving Oil Refinery is a Canadian oil refinery located in Saint John, New Brunswick. It is currently the largest oil refinery in Canada, capable of producing more than 320,000 barrels (51,000 m3) of refined products per day.
Where are refineries in Canada?
Does Coop premium have ethanol?
Co-op’s premium-grade gasoline contains no ethanol and is ideal for small-engines . Regular and mid-grade gasoline may contain up to 10 per cent ethanol.
Who bought co-op?
In 2010, FCL was the second largest company by annual sales in Saskatchewan. During that year, it earned revenues of 498 million and returned $355.7 million to its member retailers. In 2008 Federated Co-operatives saw sales increase and posted its 37th record year in a row for both sales and profits.
Who is coop owned by?
Our Co-op is owned by individual members and other co-ops, not big investors, and our members get a chance to have a say in how we’re run. Profits mean members receive money, rewards and offers and a co-op can support its local community.
Who owns Canada’s oil refineries?
Although around a dozen companies operate oil refineries in Canada, only three companies – Imperial Oil, Shell Canada and Suncor Energy – operate more than one refinery and market products nationally.
What does Consumers Co-operative Refineries Ltd do?
Consumers Co-Operative Refineries Ltd. provides petroleum refining services. The Company focuses on heavy oil upgrading operations such as gasoline, kerosene, distillate fuel oils, residual fuel oils, and lubricants. Consumers Co-Operative Refineries markets its products worldwide.
How many barrels of crude oil does the co-op refinery process?
They create the Consumers’ Co-operative Refinery Limited, known today as the Co-op Refinery Complex (CRC). The refinery begins processing 500 barrels of crude oil per day, providing the economic engine that helps fuel the co-operative movement in Western Canada for decades to come.
Why is the co-op Refinery Complex important to Canada?
Join the Co-op Refinery Complex and help us, as We Fuel Western Canada. The Co-op Refinery Complex (CRC) aims to be a recognized leader in safety, reliability and sustainability within the petroleum-refining industry.
When was the first refinery built in Canada?
Formerly known as Consumers’ Co-operative Refineries Limited, the refinery began processing 500 barrels of crude oil per day in May 1935. A catalytic cracking unit was added in 1951 to produce gasoline out of low-value petroleum and the first heavy-oil upgrader in Canada came on stream in 1988.