Canada Oil & Gas Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Canada Oil & Gas Report

The Canada Oil & Gas Report

The Canada Oil & Gas Report has been researched at source in 2008, and features latest available data and forecasts for Canada to end- covering headline indicators for oil & gas, LNG, coal and power; company rankings and competitive landscapes covering oil & gas exploration and production in Canada , refining, oil & gas distribution and fuels retailing; and analysis of latest industry developments, trends and regulatory issues within Canada .

Business Monitor International's Canada Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Canadian oil and gas industry.

Key Benefits of Report

Coverage

Executive Summary

Summary of BMI’s key forecasts and industry analysis, covering oil and gas reserves, supply, demand, refining, coal and power, and primary energy, plus analysis of landmark company developments and key changes in the regulatory environment.

Regional Overview

Regional perspective on size and value of industry sector; comparative rankings by production, refining, imports and exports; overview of industry landscape and key players; assessment of business operating environment and latest regulatory developments.

Business Environment Rankings

A unique comparative study undertaken by BMI on the relative business climates across all regional markets covered. A rankings table highlights the merits of each market from an investor angle, giving scores for indicators such as Oil & Gas Supply and Demand Growth, Oil & Gas Reserves, Licensing Framework and the local Competitive Environment, as well as Economic and Political Risk.

Oil Market Outlook

BMI analyses and forecasts oil prices out to , monitoring supply and demand in terms of oil production and consumption across the region.

BMI 10-Year Industry Forecast

Historic data series and 10-year forecasts to end- for all key industry indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

BMI 10-Year Macroeconomic Forecast

BMI forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.

Competitive Landscape & Rankings

Comparative company analyses and rankings by US$ sales, % share of total sales, number of employees, year established, market cap/NAV, ownership structure, oil production (‘000 b/d) and % market share, downstream capacity (‘000 b/d) and % market share.

Company Profiles & SWOTS

Company profiles, including SWOT analyses, senior executives and full contact details, business activity, products and services, foreign direct investments and projects.

Canada Oil & Gas Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Table of Contents

Chapter - Executive Summary

SWOT Analysis
Canada Political SWOT
Canada Economic SWOT

Chapter - Canada Energy Market Overview

Global Oil Market Outlook
Storing Up Trouble
Revised Forecasts

Chapter - Global Oil Market Review

One-Way Traffic
Table: Global Oil Consumption (000b/d)
12-Month Demand Outlook
Table: Global Oil Production (000b/d)
12-Month Supply Outlook
Longer-Term Supply And Demand
Oil Price Assumptions
Table: Crude Price Assumptions 2008/2009
Table: Oil Price Forecasts

Chapter - Global Oil Products Price Outlook

Table: Oil Product Price Assumptions 2009 (US$/bbl)
Table: Oil Product Price Forecasts (US$/bbl)

Chapter - Global Oil Products Market Review

Regional Energy Market Overview
Oil Supply And Demand
Table: Developed Markets Oil Consumption (000b/d)
Table: Developed Markets Oil Production (000b/d)
Oil: Downstream
Table: Developed Markets Oil Refining Capacity (000b/d)
Gas Supply And Demand
Table: Developed Markets Gas Consumption (bcm)
Table: Developed Markets Gas Production (bcm)
Liquefied Natural Gas
Table: Developed Markets LNG Imports/(Exports) (bcm)

Chapter - Industry Forecast Scenario

Oil And Gas Reserves
Oil Supply And Demand
Gas Supply And Demand
LNG
Refining And Oil Products Trade
Revenues/Import Costs
Table: Canada Oil & Gas – Historical Data & Forecasts
Other Energy
Table: Canada Other Energy – Historical Data & Forecasts
Key Risks To BMI's Forecast Scenario
Long-Term Oil & Gas Outlook

Chapter - Macroeconomic Outlook

Table: Canada – Economic Activity

Chapter - Competitive Landscape

Table: Key Players – Canadian Oil & Gas Sector
Overview/State Role
Table: Key Upstream Players
Table: Key Downstream Players

Chapter - Company Monitor

EnCana – Summary
Petro-Canada – Summary
ConocoPhillips – Summary
Chevron – Summary
Devon Energy – Summary
Syncrude – Summary
Suncor – Summary
Shell Canada – Summary
BP – Summary
Husky – Summary
Imperial Oil – Summary
StatoilHydro – Summary
Total – Summary
Murphy Oil – Summary
Nexen – Summary
Occidental – Summary
Gazprom – Summary
Others – Summary

Chapter - Glossary of Terms

Oil & Gas Ratings: Revised Methodology
Introduction
Ratings Overview
Table: BMI Oil & Gas Business Environment Ratings: Structure
Indicators
Table: BMI Oil & Gas Business Environment Upstream Ratings: Methodology
Table: BMI Oil & Gas Business Environment Downstream Ratings: Methodology

Chapter - Oil & Gas Outlook: Long-Term Forecasts

Global Oil Demand
Table: Global Oil Demand (000b/d)
Table: Global Oil Production (000b/d)
Global Oil Supply
Global Gas Demand
Table: Global Gas Demand (bcm)
Global Gas Supply
Table: Global Gas Production (bcm)
Regional Oil Demand
Table: North America Oil Consumption (000b/d)
Regional Oil Supply
Table: North America Oil Production (000b/d)
Regional Refining Capacity
Table: North America Oil Refining Capacity (000b/d)
Regional Gas Demand
Table: North America Gas Consumption (bcm)
Regional Gas Supply
Table: North America Gas Production (bcm)
Canada Country Overview
Methodology & Risks To Forecasts

Chapter - BMI Forecast Modelling

How we generate our industry forecasts
Energy Industry
Cross checks
Sources
Canada Oil & Gas Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Executive Summary

The new Canada Oil & Gas Report from BMI forecasts that the country will account for 10.47% of North American regional oil demand by 2013, while contributing 36.28% to supply. In North America, overall oil consumption reached an estimated 21.68mn barrels per day (b/d) in 2008. It is set to rise to around 21.78mn b/d by 2013. North American regional oil production in 2008 averaged an estimated 10.18mn b/d. It is set to rise to 11.30mn b/d by 2013.

In terms of natural gas, North America in 2008 consumed an estimated 754bn cubic metres (bcm), with demand of 807bcm targeted for 2013, representing 7.5% growth. Production of an estimated 731bcm in 2008 should rise to 726bcm in 2013, which implies net imports rising to some 81bcm by the end of the period. Canada’s share of gas consumption in 2007 was 12.63%, while it contributed 25.31% to regional production. By 2013, its share of gas consumption is forecast to be 12.79%, with 25.62% of regional supply.

In terms of the OPEC basket of crudes, the average price in Q4 2008 was an estimated US$52.53 per barrel (bbl), down sharply from the US$113.49 recorded during the previous three months. The full-year 2008 average is put by BMI at US$94.08/bbl, representing a 36% year-on-year (y-o-y) increase. North Sea Brent, WTI and Russian Urals are believed to have averaged US$97.06, US$99.33 and US$94.56/bbl respectively during 2008. For 2009, we are now assuming an average OPEC basket price of US$52/bbl (- 45% y-o-y), with Q109 expected to deliver US$40.00. The new full year forecast implies Brent crude at US$55.65, WTI averaging US$56.63/bbl and Urals at US$52.48 for 2009. For 2010, we expect to see a recovery to US$58.00/bbl for the OPEC price, gaining further ground to US$65.00 in 2011 and US$70.00/bbl in 2012. We are now using a long-term price assumption of US$70.00 for 2013-2018, down from our previous assumption of US$90.00/bbl.

In 2009, we see monthly average global wholesale gasoline prices ranging from US$38.90 in January to a high of US$64.90 reached in August and in December, providing a full-year average of US$56.20 – just over 55% of the 2008 outturn. The 2009 BMI gasoil forecast is for an average price of US$67/bbl, assuming a monthly low of US$46.40 in January and a high of US$77.30/bbl in December. The full-year outturn represents a 45% downturn from the 2008 level. For 2009, the monthly average jet fuel price is forecast to range from US$47.90 in January to US$79.80/bbl in August, proving an annual level of US$69.20/bbl.

Canadian real GDP is forecast by BMI to fall by 1.4% in 2009, down from growth of an estimated 0.6% in 2008. We are assuming an average annual 2.4% growth in 2009-13. The country’s oil demand is expected to average 2.26mn b/d in 2009, before rising to 2.28mn b/d by 2013. Oil output looks set to reach 4.10mn b/d by 2013, subject to oil sands development. The Canadian Association of Petroleum Producers (CAPP) predicts that oil sands production will reach 3.5mn b/d by 2015 and 4.0mn b/d by 2020, accounting for more than 80% of Canadian oil production.

Between 2007 and 2018, we are forecasting an increase in Canadian oil production of 23.9%, with output rising steadily from an estimated 3.25mn b/d in 2008 to 4.10mn b/d at the end of the 10-year forecast period. Given oil consumption forecast to decrease by 1.6%, exports should rise from an estimated 0.97mn b/d to 1.83mn b/d during the forecast period. Gas production should fall from the estimated 2008 level of 185bcm to 168bcm in 2018. Demand is forecast to rise from 95bcm to 111bcm, leaving net exports falling to 57bcm, largely to the US. Details of BMI’s 10-year forecasts can be found in the appendix to this report, which provides global, regional and country-specific projections.

BMI’s long-term political risk rating for Canada is 94.3, well above the Developed Markets average of 85.8, and behind only Norway. Our long-term economic risk rating is 70.4, which compares with a Developed Markets average of 68.9 and puts Canada well ahead of the US and most developed European countries. Canada has a privatised energy sector that boasts a large, competitive upstream oil and gas segment featuring domestic independents and integrated companies, plus direct and indirect participation by international oil companies (IOCs). The downstream segment is shared by IOC-controlled domestic companies and former state company Petro-Canada, which Suncor agreed to acquire for CAD19.6bn (US$15.9bn) in March 2009.

Canada Oil & Gas Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Read about our other Oil & Gas Reports

Africa

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Asia

Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam

Caribbean

Trinidad & Tobago

Europe

Azerbaijan, Belgium, Bulgaria, Croatia, Czech Republic, France, Germany, Greece, Hungary, Italy, Kazakhstan, Norway, Poland, Romania, Russia, Slovakia, Slovenia, Spain, Turkmenistan, Ukraine and United Kingdom

Latin America

Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Peru and Venezuela

Middle East

Bahrain, Iran, Iraq, Israel, Kuwait, Oman, Qatar, Saudi Arabia, Turkey and United Arab Emirates

North America

United States
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Industry Intelligence and Market Research
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