Global Top 15 Companies Accounted for 74% of total Oil Sands market (QYResearch, 2021) | |
Oil sands, also known as "tar sands," are sediments or sedimentary rocks composed of sand, clay minerals, water, and bitumen. The oil is in the form of bitumen, a very heavy liquid or sticky black solid with a low melting temperature. Bitumen typically makes up about 5 to 15% of the deposit. Most of the world's oil sand resources are located in Alberta, Canada. The Alberta Energy and Utility Board estimates that these contain about 1.6 trillion barrels of oil - about 14% of all of the world's total oil resource. The largest deposit is the Athabasca Oil Sands The global key manufacturers of Oil Sands include Suncor Energy, Cenovus Energy, Canadian Natural Resources (CNRL), Imperial Oil, ConocoPhillips, MEG Energy, CNOOC, Strathcona Resources, PetroChina, Athabasca Oil, etc. In 2021, the global top five players had a share approximately 99.0% in terms of revenue. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com | |
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