Remove 2012 Remove Energy Remove Oil-Sands
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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

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IHS CERA meta-analysis finds lifecycle GHG emissions for fuel produced solely from oil sands crude average 11% higher than from average crude refined in the US; high variability

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Average values for WTW GHG emissions for oil sands and other crudes, tight boundary. When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US.

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ACL to begin transporting Canadian crude by inland barge to Gulf Coast for oil sands company MEG Energy

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American Commercial Lines (ACL) will begin transporting crude oil by barge on the US inland waterways for MEG Energy (US) Inc. MEG Energy), a subsidiary of the Canadian oil sands company MEG Energy Corp. In April 2012, ACL purchased eight 20,000 barrel capacity tank barges from SeaRiver Maritime Inc.,

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Understanding the variability of GHG life cycle studies of oil sands production

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Credit: ACS, Brandt 2012. Brandt considers factors affecting energy consumption and GHG emissions from oil sands extraction, and then uses publicly available data to analyze the assumptions made in the LCA models to better understand the causes of variability in emissions estimates. —Brandt 2012.

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Cenovus oil sands production increases 14% in 2013; increasing its rail transport capability

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Cenovus Energy Inc. increased its oil sands production 14% in 2013, from 89,736 barrels per day in 2013 to 102,500 bbls/day in 2013. The increase in production from the company’s oil sands operations in 2013 was largely driven by its Christina Lake project. Total proved reserves reached almost 2.3 billion BOE.

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Researcher urges more effort on assessment of land and water impacts of oil sands production; reference point for other unconventional fuels

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Bitumen production from the Canadian oil sands provides a point of reference that could be used to observe and better manage the land and water impacts of a rapid transition to unconventional fuels, suggests Dr. Sarah Jordaan of the Energy Technology Innovation Policy Research Group, Department of Earth and Planetary Sciences, Harvard University.

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Enbridge to build $1.3B Woodland Pipeline Extension to support Kearl oil sands project; 400kbpd initially

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The Woodland Pipeline Extension is being constructed to serve the Imperial Oil and ExxonMobil Kearl oil sands project and its recently announced expansion. Enbridge brought into service the Woodland Pipeline between the Kearl oil sands project and the Enbridge Cheecham terminal in the fall of 2012.

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