Remove 2011 Remove Corporation Remove Industry Remove Oil-Sands
article thumbnail

Devon Energy obtains approval for third Jackfish oil sands project

Green Car Congress

US-based Devon Energy Corporation has received regulatory approval from the Alberta Energy Resources Conservation Board and Alberta Environment and Water to move forward with the company’s third oil sands project in Canada. Like Jackfish 1 & 2, Jackfish 3 represents an estimated 300 million barrels of gross recoverable oil.

Oil-Sands 170
article thumbnail

Alberta CCEMC providing $46M for carbon capture and storage and cleaner energy projects in oil sands region

Green Car Congress

Alberta, Canada’s Climate Change and Emissions Management (CCEMC) Corporation is providing C$46 million (US$45 million) in funding to support six new carbon capture and storage and cleaner technology projects in the Canadian oil sands region. Imperial Oil: $10 million for a Cyclic Solvent Process pilot in Cold Lake.

Oil-Sands 225
article thumbnail

Sustainable Development Canada Awards C$6M to Project to Reduce Water and Energy Consumption for Oil Sands Processing; Three Other Projects Supported to Reduce Energy and Environmental Impact of Oil Sands

Green Car Congress

million) to the Petroleum Technology Research Centre ( PTRC ) in Regina, Saskatchewan and StatoilHydro Canada for a project to reduce water use and carbon dioxide (CO 2 ) emissions for in situ oil sands recovery by steam-assisted gravity drainage (SAGD). Water use and CO 2 emissions are major challenges for the oil sand industry.

Oil-Sands 218
article thumbnail

Marathon Oil splitting in two

Green Car Congress

The Board of Directors of Marathon Oil Corporation has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent energy companies. Marathon Oil Corporation (MRO) will be a global upstream company based in Houston, Texas. Superior transparency and improved investor focus.

Oil 210
article thumbnail

USGS new estimates of global undiscovered, technically recoverable conventional oil and natural gas, excluding US

Green Car Congress

USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the world. These new estimates are for conventional oil and gas resources only. million barrels per day of petroleum in 2011 from about 80 different countries. Geological Survey (USGS) released today.

Oil 218
article thumbnail

Canada oil sands producers form alliance to improve environmental performance

Green Car Congress

Twelve of Canada’s oil sands producers have formed a new alliance, Canada’s Oil Sands Innovation Alliance (COSIA), focused on accelerating the pace of improving environmental performance in Canada’s oil sands through collaborative action and innovation. This would improve plant reliability.

Oil-Sands 252
article thumbnail

UT Austin team and partners report on extensive measurements of methane emissions during natural gas production

Green Car Congress

Because of this equipment, methane emissions from well completions are 97% lower than calendar year 2011 national emission estimates, released by the Environmental Protection Agency (EPA) in April 2013. After a well is fractured, it is cleared of sand and liquids that were injected into the well in a process called completion flowback.

Austin 218