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Japex to proceed with C$1.4B Hangingstone oil sands expansion

Green Car Congress

(Japex) will proceed with an expansion of its oil sands project in the Hangingstone area in Alberta. Japan Canada Oil Sands Ltd. Total costs for the initial development are anticipated to be around C$1.4 billion (US$1.42 billion), C$1.1

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Syncrude to Expand Its Oil Sands Synthetic Crude Output to 425,000 Barrels per Day by 2020

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Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO.

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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. Approximately 80% of that production will be from the oil sands. The agreement with Total is an important element of Suncor’s plans to more than double our oil sands production.

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Total to Acquire UTS Corporation and Its 20% Interest in Fort Hills Oil Sands Project for C$1.15B

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a Total subsidiary, has signed an agreement with UTS Energy Corporation (UTS) to acquire UTS Corporation with its main asset, a 20% interest in the Fort Hills oil sands mining project in Alberta, Canada. we will benefit from the experience of a leading partner, whose expertise in the mining operation of oil sands is well recognized.

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Governments of Canada & Québec award $76.5M to AE Côte-Nord Canada Bioenergy for renewable fuel oil from forest residues w/ Ensyn RTP

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for the production of renewable fuel oil (RFO) from forest residues. million gallons US) of renewable fuel oil per year. Production of renewable fuel oil is set to begin in 2017. The RTP pyrolysis process is based on the application of a hot “transported” bed (typically sand) that is circulating between two key vessels.

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Increase in US rig count will not cap oil prices

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The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Ford puts the pedal down on performance … but not with electric drive technology right now

Green Car Congress

Ford’s turbocharged, direct-injection EcoBoost technology is available in every new Ford car, utility and light-duty pickup in North America beginning this year. Mud and sand mode for muddy and sandy trails and terrain. The all-new Raptor will be built at Dearborn Truck Plant, and goes on sale fall 2016. —Raj Nair.

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