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Entreprise Tunisienne d'Activités Pétrolières (ETAP) is a state-owned industrial and commercial company in Tunisia directly in charge of the petroleum sector as well as the state's partnerships with foreign exploration and production operators.

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26-619: (Redirected from ETAP ) Etap or ETAP may refer to: École des troupes aéroportées , a training school for paratroops in Pau, France Entreprise Tunisienne d'Activités Pétrolières , a state-owned petroleum company in Tunisia Etap, Warsaw , a neighbourhood in Warsaw, Poland Etap Hotel, now renamed Ibis Budget Electrical Transient Analyzer Program ETAP Lighting ETAP Yachting ,

52-427: A 19% stake in the company. No other shareholder was allowed to own more than 10%, however. Also, foreigners could not control more than 25% of the company. During the first year, the value of the shares gradually dropped to $ 8 as Petro-Canada suffered a loss of $ 603 million, primarily because of the devaluation of some assets. The newly private company significantly reduced the number of properties in which it had

78-672: A 40% share of the concession. As of 2007, ETAP has granted a total of 44 exploration licenses to 42 international and domestic companies. Additionally, ETAP has been working in Syria with German-based Preussag to develop small oil fields and has signed an oil cooperation agreement with Iraq . In December 2004, the Syrian and Tunisian governments signed exploration agreements for areas in northeastern Syria. ETAP also has joint ventures with Sonatrach of Algeria and Libya's National Oil Corporation (NOC). The 50-50 joint venture with NOC, known as

104-560: A Belgian boatbuilder Eastern Trough Area Project Exercise-related transient abdominal pain , also known as a side stitch Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Etap . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Etap&oldid=1210828447 " Category : Disambiguation pages Hidden categories: Short description

130-728: A company with a combined market capitalization of C$ 43.3 billion. Suncor planned to rebrand its existing Sunoco -branded retail operations in Ontario under the Petro-Canada name following the completion of the acquisition. The sale was approved by shareholders in June 2009, and completed on August 1, 2009. As a condition of the purchase, Suncor was required to divest some of its retail outlets. In December 2009, 98 Suncor-owned gas stations in Ontario (68 Sunoco and 30 Petro-Canada) were sold to Husky Energy . As of 2008, Petro-Canada

156-526: A direct interest. It reduced its annual operating costs by $ 300 million and it went from a staff of close to 11,000 to only about 5,000 employees. Many of these laid-off employees went on to work and start up other oil companies in Alberta, creating a new group of Canadian producers. But many did not work in other oil companies and some left Alberta to find work elsewhere. In his 2004 federal budget , Finance Minister Ralph Goodale pledged to sell

182-817: A lubricants plant in Mississauga , Ontario , but Suncor sold the unit to HollyFrontier in late 2016. At one time, the company had international operations in Algeria , the Netherlands , Tunisia , the United Kingdom , Syria , Italy , Libya , Trinidad and Tobago , Venezuela , Morocco and Norway . These sites outside of North America were run by the International and Offshore Business Unit of Petro-Canada with its headquarters in London . This

208-631: A policy tool (also abandoning the National Energy Program with it), and it began to compete fully and successfully with the private sector companies while abandoning its founding principles of economic nationalism . In 1990, the Mulroney government announced its intention to privatize Petro-Canada, and the first shares were sold on the open market in July 1991 at $ 13 each. The government began to slowly sell its majority control, but kept

234-473: A pre-paid wireless carrier known as Petro-Canada Mobility. It is a mobile virtual network operator (MVNO) on the Rogers Wireless network. Petro Points is the chain's loyalty program . Petro-Canada previously offered a co-branded Petro Points MasterCard in partnership with Citibank Canada . In June 2010, CIBC announced its intent to acquire Citibank's Canadian MasterCard portfolio, including

260-622: A symbol of Canadian nationalism . It quickly grew to become one of the largest players in the traditional oil fields of the west as well as in the oil sands and the East coast offshore oil fields. When the Liberals returned to power in 1980, energy policy was an important focus, and the sweeping National Energy Program was created. This expanded Petro-Canada, but was seen as detrimental to Alberta's economy. The PC government of Prime Minister Brian Mulroney (1984–1993) stopped using Petro-Canada as

286-526: Is different from Wikidata All article disambiguation pages All disambiguation pages Entreprise Tunisienne d%27Activit%C3%A9s P%C3%A9troli%C3%A8res ETAP was created by law N°72-22 on 10 March 1972, to manage petroleum exploration and production activities on behalf of the Tunisian government. ETAP is primarily active in endeavors related to attracting international oil companies to provide financing for exploration projects, particularly in

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312-743: The Trans-Canada Highway . As early as the mid-1990s in some Alberta locations, Petro-Canada started opening a new fast-food deli-oriented branded convenience store called Neighbours. Most of these stores are in the GTA. The kitchen provided freshly made sandwiches as well as breakfast and burgers heated from frozen, and in most cases was open from early morning till 9 or 10 in the evening. As of 2013, many of these Neighbours stores have had their kitchens' afternoon and dinner hours drastically slashed and some have been permanently closed and are being rebranded to A&W. In 2006, Petro-Canada launched

338-545: The Tozeur-Sud block. By the end of 2005, ETAP had issued 41 permits (26 onshore and 15 offshore), leading to an increase in total investment in petroleum exploration to US$ 135 million. In February 2006, Tunisia awarded PetroCanada and Anadarko a two-year production sharing agreements (PSAs) with ETAP for the Cape Sirat and Bashtar blocks. In February 2006, a 35-year-old exploration dispute between Tunisia and Malta

364-833: The Tunisian-Libyan Gas Transportation Company (Joint Gas), is the client of the Trans-Med gas pipeline , which will supply natural gas from the Libyan town Melitah to Gabes in southeast Tunisia. In April 2005, the Mabdallah Saad al-Thani Corporation of the United Arab Emirates announced a five-year exploration agreement with ETAP for the El Jem block, while U.S.-based Rigo Oil Company announced an exploration agreement for

390-640: The benefit of Canadians." Trudeau's Liberals were then in a minority government and dependent upon the support of the NDP to stay in power. The idea also fit with the growing movement toward economic nationalism within the Liberals. The Liberals and NDP passed the bill over the opposition of the Progressive Conservative Party led by Robert Stanfield . Petro-Canada was founded as a Crown Corporation in 1975 by an act of Parliament. It started its operations on 1 January 1976. The company

416-403: The co-branded Petro-Canada cards. Petro Points currently offers bonuses for RBC clients. Around 220 Petro-Canada outlets include a "SuperWash" car wash ; the majority of these operations use soft touch systems, but some (particularly those that were formerly Sunoco stations) feature touchless equipment instead. Some newer locations feature a "Glide Auto Wash"—a soft touch tunnel that utilizes

442-706: The combined company and Petro-Canada shareholders receiving approximately 40 percent. The company retained the Suncor Energy name for the merged corporation and its upstream operations. It continues to use the Petro-Canada name nationwide. In 1973, world oil prices quadrupled due to the Arab oil embargo following the Yom Kippur War . The province of Alberta had substantial oil reserves , whose extraction had long been controlled by American corporations. The government of Prime Minister Pierre Trudeau and

468-413: The country's smaller oil fields . To help achieve this objective, Tunisia introduced a new hydrocarbon law (Law 99/93) that includes incentives with favorable fiscal regulations and additional legal flexibility of licensing procedures and terms. The new law has been effective since August 20, 2000. A provision for foreign corporations was a reduction in the tax rate from 75 to 50 percent, with ETAP taking

494-654: The establishment of Petro-Canada, the federal government transferred its 45% stake in Panarctic Oils Ltd. and its 12% stake in Syncrude to the newly established company. In 1976, Petro-Canada purchased Atlantic Richfield Canada , in 1978 Pacific Petroleums , and in 1981 the Canadian operations of Petrofina . Most of the original Petro-Canada refineries and service stations were acquired from BP Canada in 1983. The company became popular outside of Alberta as

520-433: The government's remaining stake in the company; by the end of the year it had sold its 19% stake, 49 million shares in all, for net proceeds of $ 3.2 billion. As of June 2007, the company's largest shareholders were Capital Research and Management Company (a Capital Group company), with 7.3%, and Barclays , with 4%. On March 23, 2009, Suncor Energy announced its intent to acquire Petro-Canada, which would form

546-673: The opposition New Democratic Party felt that these corporations geared most of their production to the American market, and as a result little of the benefit of rising oil prices went to Canadians. During debates in the Canadian House of Commons, for example, Tommy Douglas supported the new Crown Corporation by saying: "It should be remembered that the people of Canada have paid billions of dollars to enlarge and enrich foreign oil companies, and only now, belatedly, are we setting up an economic vehicle to develop our petroleum resources for

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572-525: Was Canada's 11th largest company and the second-largest downstream company, with important interests in such projects as Hibernia , Terra Nova , and White Rose ; its gas stations remained a presence in most Canadian cities. It owned refineries in Edmonton , Alberta (135,000 bpd) and Montreal , Quebec (160,000 bpd), accounting for 16% of the Canadian industry's total refining capacity. All these facilities are currently run by Suncor. Petro-Canada had

598-516: Was given C$ 1.5 billion in start-up money and easy access to new sources of capital. It was set up in Calgary, despite the hostility of existing oil firms. Its first president was Maurice Strong . The Progressive Conservatives (PCs), then led by Albertan Joe Clark , were opponents of the company, and advocated breaking it up and selling it. However, they were unable to proceed with these plans during their brief time in power in 1979–80. With

624-737: Was resolved. The two countries signed a joint development agreement of the continental shelf between Malta and Tunisia, which is located near the Tunisian Isis field and Libya's offshore Bouri field . On March 20, 2007, Lundin Petroleum AB announced that ETAP decided to exercise its participation option to acquire a 20% interest in the Oudna field, offshore Tunisia. Following ETAP's participation, Lundin Petroleum and Atlantis Holding Norway AS will each hold 40%. The Oudna field development

650-630: Was successfully completed and production commenced in November 2006 and is now producing over 20,000 bbl/d (3,200 m /d). Average production for 2007 is estimated to be 14,000 bbl/d (2,200 m /d). PetroCanada Petro-Canada (colloquially known as Petro-Can ) is a retail and wholesale marketing brand subsidiary of Suncor Energy . Until 1991, it was a federal Crown corporation (a state-owned enterprise ). In August 2009, Petro-Canada merged with Suncor Energy, with Suncor shareholders receiving approximately 60 percent ownership of

676-512: Was the largest business unit, and much of its assets were part of the former Veba Oel company based in Essen , Germany . In January 2019, Petro-Canada installed electric vehicle charging stations at one of their gas stations in Milton, Ontario , making it the company's first EV chargers. The following month, Suncor announced that it would develop a national network of charging stations serving

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