Remove 2014 Remove Oil-Sands Remove Production
article thumbnail

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

Green Car Congress

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. Cenovus Energy Inc. Total proved reserves reached almost 2.3

Oil-Sands 252
article thumbnail

GE GHG Ecomagination Innovation Challenge for higher value use of low grade waste heat from oil sands production

Green Car Congress

NineSigma, representing the General Electric Company, is inviting participation in a GE GHG Ecomagination Innovation Challenge to create value from excess low grade heat resulting from Steam Assisted Gravity Drainage (SAGD) oil sands production and/or related surface facility operations. Submissions are due 30 September 2014.

Oil-Sands 225
article thumbnail

JAPEX to invest 65-70B in further oil sands development in Canada

Green Car Congress

(JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oil sands projects, Chief Executive Osamu Watanabe told Dow Jones Newswires. China’s biggest offshore oil and gas producer, said it will buy Canadian oil-sands developer OPTI Canada Inc. Earlier Wednesday, CNOOC Ltd.,

Oil-Sands 186
article thumbnail

TransCanada and Phoenix Energy forming JV to develop $3B oil sands pipeline in Alberta

Green Car Congress

TransCanada and Phoenix will each own 50% of the proposed $3-billion pipeline project that includes both a crude oil and a diluent line to transport volumes approximately 500 kilometers (311 miles) between the oil sands producing area northwest of Fort McMurray and the Edmonton/Heartland region.

Oil-Sands 218
article thumbnail

Athabasca Oil Sands sells remainder of interest in MacKay River oil sands project to PetroChina for C$680M; PetroChina to be full owner of project

Green Car Congress

Athabasca Oil Sands Corp. has exercised its option to divest its 40% interest in the MacKay River oil sands project to Cretaceous Oilsands Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited, for C$680 million (US$672 million) in cash. Earlier post.) Earlier post.). properties.

Oil-Sands 170
article thumbnail

Follow the sand to the real fracking boom

Green Car Congress

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. says the output of wells is up to 30% higher when they are blasted with more sand.

Oil-Sands 262
article thumbnail

Ecofys report concludes current European regulations underestimating GHG reductions

Green Car Congress

The study was commissioned by the European Oilseed Alliance (EOA), the European Biodiesel Board (EBB) and the European Vegetable Oil and Proteinmeal Industry (FEDIOL). Even for conventional oil production fields, because larger existing fields get depleted, the extraction efforts increase while smaller fields are taken in operation.

Oil-Sands 236