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Alberta approves MacKay River Commercial Oil Sands Project; operating company a JV between AOSC and PetroChina

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Athabasca Oil Sands Corp. AOSC) announced that the Alberta Energy Resources Conservation Board and Alberta Environment and Water has issued full regulatory approval for the MacKay River commercial oil sands project to MacKay Operating Corp. Earlier post.)

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

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(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. Oil sands production using SAGD.

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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

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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.). Earlier post.).

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VW introducing 1.8L EA888 Gen 3 engine in 2014 Jetta, Passat and Beetle; driving impressions

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liter TSI four-cylinder engine in the 2014 Jetta and Passat, followed by the 2014 Beetle. In a presentation at Volkswagen of America’s 2014 line drive in St. The exhaust manifold is water-cooled, resulting in the elimination of the use of full load enrichment—i.e., Click to enlarge. Intake and injection.

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Argonne releases GREET 2014 lifecycle analysis software; unified graphical toolbox and database

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The GREET (The Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation Model) team at Argonne National Laboratory has released a new version of the widely used GREET lifecycle analysis tool, GREET 2014. Added water consumptions for the major pathways as an additional life-cycle analysis metric.

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NETL field study of PA fracking site finds no evidence of upward gas and fluid migration into aquifers

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Results indicate that under the conditions of this study, for this specific location, fracture growth ceased more than 5,000 feet (1,524 meters) below drinking water aquifers and there was no detectable upward migration of gas or fluids from the hydraulically-fractured Marcellus Shale.

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Chevron announces “significant” oil discovery in deepwater Gulf of Mexico

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Chevron Corporation announced a significant oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. 2 encountered oil pay in multiple Lower Tertiary Wilcox Sands. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. Anchor co-owners are Cobalt International Energy, Inc. (20%),

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