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Exxon Mobil Corporation will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase from earlier estimates. The platform is being designed for daily production of 150,000 barrels of oil.
Twelve of Canada’soil sands producers have formed a new alliance, Canada’sOil Sands Innovation Alliance (COSIA), focused on accelerating the pace of improving environmental performance in Canada’soil sands through collaborative action and innovation. This would improve plant reliability.
Statoil Canada has produced first oil from its SAGD (steam-assisted gravity drainage) Leismer Demonstration Project (LDP) in the Canadian oil sands after initiating steam injection in September 2010, one month ahead of schedule. —Lars Christian Bacher, president of Canadian operations for Statoil Canada Ltd. “W”.
Tony Clement, Canada’s Minister of Industry, has approved the acquisition by PetroChina of the MacKay and Dover Oil Sands projects from Athabasca Oil Sands Corporation (AOSC) “ because I am satisfied that the investment is likely to be of net benefit to Canada. ”. Earlier post.).
Titanium Corporation Inc. has secured what it calls a critical patent for its innovative technology which recovers hydrocarbon diluents (solvents) from oil sands tailings. Heavy minerals exist in Alberta’s oil sands in minor quantities. Earlier post.).
TransCanada Corporation will hold a binding open season to obtain firm commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets. In 2012, Canada imported more than 600,000 barrels per day to supply its Eastern refineries.
Speaking at the at the University of Toronto’s Hart House Alumni Dinner Series, Canada Minister of Natural Resources, Joe Oliver, emphasized the pivotal role that Canada’soil sands will continue to play in the country’s energy future. New energy markets and infrastructure offer tremendous benefits to Canada and Canadians.
The Board of Directors of Canada-based Athabasca OilCorporation has given the go-ahead to the company’s $536-million Hangingstone 1 SAGD (steam-assisted gravity drainage) Project; the company also reaffirmed that its Light Oil Division is on track to meet its year-end production target of 10,000 to 11,000 barrels of oil.
Sustainable Development Technology Canada (SDTC) has awarded C$6 million (US$5.6 million) to the Petroleum Technology Research Centre ( PTRC ) in Regina, Saskatchewan and StatoilHydro Canada for a project to reduce water use and carbon dioxide (CO 2 ) emissions for in situ oil sands recovery by steam-assisted gravity drainage (SAGD).
Royal Dutch Shell plc announced the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its in-situ and undeveloped oil sands interests in Canada and reduce its share in the Athabasca Oil Sands Project (AOSP) from 60% to 10%.
ConocoPhillips has entered into an agreement to sell its 100% interest in the Clyden oilsands leasehold to Imperial Oil and ExxonMobil Canada for approximately $720 million (C$751 million) before customary adjustments. ConocoPhillips currently holds approximately 1.1 Through 30 June 2013, the company has received $3.8
TransCanada Corporation is moving forward with the 1.1 The conclusion of the successful open season confirmed strong market support for a pipeline with approximately 900,000 bbl/d of firm, long-term contracts to transport crude oil from the oil sands area in Western Canada to Eastern Canadian refineries and export terminals.
Statoil has agreed to sell a 40% interest in its oil sands project in Alberta, Canada (Kai Kos Dehseh) to PTT Exploration and Production (PTTEP) of Thailand. Production volumes from the partnership will continue to be handled and marketed by Statoil Canada Ltd. The effective date of the transaction is 1 January, 2011.
Shell will proceed with the first carbon capture and storage (CCS) project for an oil sands operation in Canada. billion Quest project will be built on behalf of the Athabasca Oil Sands Project joint venture owners (Shell, Chevron and Marathon Oil) and with support from the Governments of Canada and Alberta.
Japan-based TOYO Engineering Corporation, through its Canadian subsidiary TOYO Engineering Canada Ltd., TOYO has performed major projects in the global oil and gas industry for more than 50 years and, with the EPC scope of work for the JACOS Hangingstone Project, TOYO will be advancing its business in the Canadian oil and gas sector.
Total will not use carbon capture technology in the first phase of its Joslyn North Mine oil sands project, citing excessive cost. In 2009, the company suggested it was considering carbon capture and storage in its oil sands projects in Canada. In July, Total E&P Canada Ltd. Edmonton Journal. Earlier post.).
Canada’s Research & Development Corporation (RDC) and Statoil Canada Ltd. announced a collaborative investment in three new research and development projects to improve Arctic and harsh-environment offshore oil and gas operations in Newfoundland and Labrador and around the world. million from Statoil Canada and $1.5
Total E&P Canada Ltd., 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. The Fort Hills project is operated by Canada’s Suncor Energy Inc.
BIOX Corporation (BIOX) will supply biodiesel to Shell Canada Limited via an inter-terminal pipeline. This agreement provides Shell Canada access to a secure, stable supply of renewable content for our diesel with the most efficient logistics possible. —Esther Atere, Shell Canada Business Development Lead.
Ferus Natural Gas Fuels and ENN CanadaCorporation are forming a joint venture today to construct, own and operate two LNG liquefaction plants in Canada. ENN Canada has committed to a significant amount of the LNG produced at these plants for its planned fueling stations. —Dick Brown, CEO of Ferus Natural Gas Fuels.
JOGMEC (Japan Oil Gas and Metals National Corporation); Cutbank Dawson Gas Resources Ltd. JOGMEC, CDGR and Encana will conduct integrated core analysis, geomechanical and seismic studies by using data from the CRP unconventional gas asset.
Kinder Morgan Energy Partners L.P.and Imperial Oil formed a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal. —Bill Henderson, vice-president for Kinder Morgan Canada Terminals. —Rich Kruger.
One of the planned pilot projects, funded cooperatively by the DOE Office of Fossil Energy with industry cost share, combines the resources of the oil and gas industry with PNNL’s technology. Oil and gas extraction across the US and Canada pumps subsurface water to the surface as part of the extraction process.
Thirteen companies have signed long-term contracts with Trans Mountain Pipeline ULC (Trans Mountain) operated by Kinder Morgan Canada Inc. BP Canada Energy Trading Company; Canadian Natural Resources; Canadian Oil Sands Limited; Cenovus Energy Inc.; Devon CanadaCorporation; Husky Energy Marketing Inc.;
Shell, as operator of the Athabasca Oil Sands Project (AOSP), announced the successful start of production of a 100,000 barrels per day expansion of its oil sands operations in Canada. — Marvin Odum, Shell Upstream Americas Director and President of Shell Oil Company.
Shell announced the successful start of production from its Scotford Upgrader Expansion project in Canada. The 100,000 barrels-per-day expansion takes upgrading capacity at Scotford to 255,000 barrels-per-day of heavy oil from the Athabasca oil sands.
an indirect wholly-owned subsidiary of CNOOC, will acquire oil sands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oil sands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a
Canada-based Petrostar Petroleum Corporation has signed a Memorandum of Understanding (MOU) to form a joint venture with US-based Maverick Synfuels to facilitate the development and operation of GTL (gas-to-liquids technology) in the Canadian provinces of Alberta, British Columbia and Saskatchewan.
Statoil will postpone the previously planned Corner field development at the Kai Kos Dehseh (KKD) oil sands project in Alberta, Canada, for a minimum of three years, due in part to rising labor and materials costs and market access issues including limited pipeline access. —Statoil Canada country manager Ståle Tungesvik.
Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. since 2015.
The US State Department has issued a Presidential Permit to Enbridge Energy, Limited Partnership to enable construction of the Alberta Clipper pipeline for the transport of crude oil from the Canadian oil sands to US refineries. The 1,000-mile/1,607-km pipeline will run from Hardisty, Alberta, Canada, to Superior, Wisconsin.
Air Products, the leading global hydrogen provider, and its subsidiary Air Products Canada Ltd. signed three customer supply contracts for hydrogen from its Heartland Hydrogen Pipeline in Alberta, Canada. Sherritt International Corporation is a diversified natural resource company. Williams Energy (Canada), Inc.
The Fort Hills Energy Limited Partnership has selected TransCanada Corporation to design, build, own and operate the proposed Northern Courier Pipeline project. Northern Courier Pipeline is fully subscribed under long-term contract to service the Fort Hills Mine, which is jointly owned by Suncor Energy Inc, Total E&P Canada Ltd.
TransCanada Corporation said that its 590,000 barrel-per-day (bpd) capacity Keystone Pipeline system resumed transporting oil sands crude on Sunday, 5 June, after a shutdown 29 May following an above-ground spill at a pump station in Kansas involving less than 10 barrels of oil. Click to enlarge. Earlier post.)
The Governments of Canada and Québec will provide $76.5 million in funding to AE Côte-Nord Canada Bioenergy Inc. 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.
and IFP Energies nouvelles (IFPEN) have initiated exclusive negotiations for the commercial development of the company’s proprietary pyrolysis oil upgrading process to produce second-generation biofuels. Dynamotive has received support from Industry Canada through the Technology Partnerships Canada program. Earlier post.).
Williams has signed a new long-term gas processing agreement with a Canadian oil sands producer. The ethane price risk associated with this deal is mitigated via the previously announced long-term agreement to supply NOVA Chemicals Corporation with up to 17,000 bpd of ethane and ethylene.
Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. However, nearly 1.4
Shell Canada has submitted a regulatory application for its Quest Carbon Capture and Storage (CCS) project located in central Alberta. Shell submitted the application on behalf of the Athabasca Oil Sands Project, a joint venture among Shell Canada Energy (60%) Chevron Canada Limited (20%) and Marathon OilCanadaCorporation (20%).
Canada-based CO 2 Solutions Inc., an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. Carbonic anhydrase is the most powerful catalyst known for the hydration of CO 2 —i.e.,
Pembina Pipeline Corporation has completed. the construction and has initiated start-up of its Nipisi heavy oil pipeline and Mitsue diluent pipeline which will service the Pelican Lake and Peace River oil sands regions of Alberta. Nipisi heavy crude and Mitsue condensate pipeline systems. Dotted green.) Source: Pembina.
Titanium Corporation Inc. has been awarded the final of the three core Canadian patents on its oil sands tailings technology. Titanium’s pilot achieved recoveries of 82% of residual bitumen from the oil sands tailings stream and 98% of the solvents. Earlier post.) —Scott Nelson, Titanium’s President and CEO.
The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 billion); Kinder Morgan has agreed to work with the Government of Canada to seek a third-party buyer for the Trans Mountain Pipeline system and TMEP. billion (US$3.46 Earlier post.) Earlier post.)
Collins Bus Corporation has entered an exclusive agreement with CleanFUEL USA to develop the first Type A small school bus to operate on autogas with a Liquid Propane Injection (LPI) system. Collins Bus Corporation, a subsidiary of Collins Industries, Inc., The GM Cutaway G4500 will be the basis for the Collins LPI Type A buses.
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