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bp sells its Sunrise oil sands interest to Cenovus, picks up interest in Bay du Nord project

Green Car Congress

bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy, the other owner of the Sunrise project. In Canada, bp will no longer have interests in oil sands production and will shift its focus to future potential offshore growth. 650 water depth.

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Cenovus achieves first production at Christina Lake Phase D oil sands expansion ahead of schedule

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Cenovus Energy Inc. is producing oil from phase D at its Christina Lake oil sands operation approximately three months ahead of schedule and within budget. Cenovus has decades of growth ahead in the oil sands. The manufacturing approach we use to develop our oil sands projects supports this long-term growth.

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Oil sands production accounted for 28.8% of total Canadian gas demand in 2016

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Alberta’s oil sands operations accounted for 28.8% of Canadian natural gas demand in 2016, up from 11.8% in 2005, according to a new report by Canada’s National Energy Board (NEB). From 2005 to 2016, natural gas purchased by oil sands projects more than tripled, from 0.73 Bcf/d in 2016.

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ERCB Approves Total Upgrader for Oil Sands

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The Alberta Energy Resources Conservation Board (ERCB) has approved an application by Total E&P Canada Ltd. to construct and operate a 300,000 barrel-per-day oil sands upgrader in the Alberta Industrial Heartland area of Strathcona County. In a 62-page decision report, the ERCB places seven conditions on the company.

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Suncor Energy finalizes strategic alliance with Total E&P Canada Ltd to accelerate oil sands development

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Suncor Energy Inc. Total also acquired a portion of Suncor’s interest in the Fort Hills oil sands project resulting in Suncor now holding a 40.8% Suncor and Total have agreed to develop the Fort Hills mine and Voyageur upgrader in parallel, so that both come on stream in 2016. Earlier post.). holding 10%.

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Suncor targeting 1M barrels per day by 2020, some 80% from oil sands; new strategic alliance with Total

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Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Canada-based Suncor Energy Inc., Approximately 80% of that production will be from the oil sands. Click to enlarge.

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Alberta approves Cenovus Narrows Lake oil sands project with demo and phase-in of solvent aided process to improve steam-oil ratio and production rate

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The Alberta Energy Resources Conservation Board (ERCB) has given approval to Cenovus Energy Inc. to proceed with its Narrows Lake oil sands project, with an ultimate gross production capacity of 130,000 barrels per day. SAP combines steam injection with solvents, such as butane, to help bring the oil to the surface.

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