This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. billion cash. The price represents a premium of.
bp has agreed to sell its 50% interest in the Sunrise oilsands 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 oilsands production and will shift its focus to future potential offshore growth.
Twelve of Canada’soilsands producers have formed a new alliance, Canada’sOilSands Innovation Alliance (COSIA), focused on accelerating the pace of improving environmental performance in Canada’soilsands through collaborative action and innovation.
Plot of cumulative steam-to-oil ratio (cSOR) vs. ratio of energy produced in form of chemical energy contained in bitumen if combusted to energy injected in form of steam (75% efficient steam generation). The data suggests that at the extreme, some operations are actually not net energy generating—i.e.,
The Government of Canada and the Government of Alberta have signed a memorandum of understanding (MOU) that will lead to the development of new and improved oilsands technologies with reduced energy use and greenhouse gas emissions. —Canada Environment Minister Joe Oliver.
The US State Department, which bears the responsibility for approving cross-border energy projects, said that Enbridge can indeed proceed with its plan under authority granted by previously issued permits. million barrels per day of crude oil and liquids. million barrels per day of crude oil and liquids. Earlier post.).
SOLVE adds a solvent to the steam in SAGD (basic operation depicted above) to reduce energy input and water consumption. Sustainable Development Technology Canada (SDTC) has awarded C$6 million (US$5.6 Sustainable Development Technology Canada (SDTC) has awarded C$6 million (US$5.6 Source: StatoilHydro. Click to enlarge.
Well-to-wheel (WTW) greenhouse gas emissions for in situ SAGD and surface mining pathways generated employing GHOST/TIAX/ GHGenius combination and comparison with SAGD, mining and conventional crude oil literature pathways (all results are on a HHV basis). 74% of WTW emissions in our oilsands pathways. Click to enlarge.
Statoil Canada has produced first oil from its SAGD (steam-assisted gravity drainage) Leismer Demonstration Project (LDP) in the Canadian oilsands after initiating steam injection in September 2010, one month ahead of schedule. —Lars Christian Bacher, president of Canadian operations for Statoil Canada Ltd. “W”.
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’soilsands will continue to play in the country’s energy future. —Minister Oliver.
Christian Paradis, Canada’s Minister of Industry, announced on Friday that the federal government is allowing two major acquisitions of oilsands companies by foreign state-owned enterprises (SOEs): the $15.1-billion Both transactions represented a “net benefit” to Canada, Paradis said. But, all investments are not equal.
Statoil has agreed to sell a 40% interest in its oilsands 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 oilsands operation in Canada. billion Quest project will be built on behalf of the Athabasca OilSands Project joint venture owners (Shell, Chevron and Marathon Oil) and with support from the Governments of Canada and Alberta.
Enbridge is developing two pipelines in the Canadian oilsands area for a combined investment of about $3 billion. billion, depending on scope, to meet the needs of multiple producers in the Athabasca oilsands region. Total E&P Canada Ltd. was selected by the Fort Hills partners (Suncor Energy Inc.,
Separation of bitumen from a Canadian oilsand sample using an ionic liquid. A team of researchers at Penn State has developed a new, more environmentally friendly method of separating bitumen from oilsands utilizing ionic liquids (IL). Oilsands represent approximately two-thirds of the world’s estimated oil reserves.
Suncor Energy, a Canadian integrated energy company that is one of the top oilsands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor also plans to divest its wind and solar assets.
Suncor Energy is not proceeding with the Voyageur bitumen upgrader project in the Canadian oilsands. The decision is the result of a joint strategic and economic review launched by Suncor and its joint venture partner Total E&P Canada Ltd in late 2012. The transfer of interest for cash is effective immediately.
In an interview with the Toronto Star , US Ambassador to Canada David Jacobson said that if the US is looking for “ long-term safe and secure sources of energy, Canada, and therefore the oilsands, need to be part of it. Earlier post.).
The Government of Canada is supporting a three-year project that will result in the construction of a $19-million, demonstration-scale facility in Alberta that will use algae to recycle industrial carbon dioxide emissions from an oilsands facility into commercial products such as biofuels. Click to enlarge.
Canada’s Environment Minister Peter Kent, and Alberta’s Environment and Sustainable Resource Development Minister Diana McQueen toured several of the new oilsands monitoring stations now in place in the early stages of implementation of the Joint Canada-Alberta Implementation Plan for OilSands Monitoring.
The Alberta Biodiversity Monitoring Institute (ABMI) released the first comprehensive report on the status of Alberta’s species in the Athabasca OilSands Area (AOSA). It also contains the Athabasca oilsands deposit, which represents 77% of Canada’s proven oil reserves and supports a growing energy extraction sector. “
Suncor Energy has received conditional approval for its oilsands fluid tailings management plan from Alberta’s Energy Resources Conservation Board ( ERCB ). Tailings are a mixture of fine clay, sands, water and residual bitumen produced through the oilsands extraction process, and are held in massive “ponds”.
Total will not use carbon capture technology in the first phase of its Joslyn North Mine oilsands project, citing excessive cost. In 2009, the company suggested it was considering carbon capture and storage in its oilsands projects in Canada. In July, Total E&P Canada Ltd. Edmonton Journal.
The provincial government of Alberta and the federal government of Canada will invest C$865 million (US$822 million) in a large-scale Carbon Capture and Storage (CCS) project in the Athabasca oilsands. Tags: Canada Carbon Capture and Storage (CCS) Oilsands. The project will capture and store up to 1.2
(JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oilsands projects, Chief Executive Osamu Watanabe told Dow Jones Newswires. Watanabe said that JAPEX has no immediate plans to sell the output beyond Canada and the US in the near term. and Esso (Imperial Oil) to form the PCEJ group.
Suncor Energy Inc. has finalized its strategic alliance with Total E&P Canada Ltd. Under the terms of this agreement, first announced on 17 December 2010, Suncor acquired a 36.75% working interest in the Total-operated Joslyn joint venture with Total now holding 38.25%, Occidental Petroleum holding 15% and Inpex Canada Ltd.
Secretary of the Interior Ken Salazar last week announced the Department of the Interior’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and oilsands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).
Both scientific research and industrial experience have found that bitumen-derived crude oil (i.e., crude from the oilsands) is no more corrosive in transmission pipelines than other crudes, according to Natural Resources Canada (NRC). In the absence of water, the crude oil is noncorrosive. —ASTM G205.
Imperial Oil Limited has approved a $2 billion expansion of the company’s Cold Lake in situ oilsands operation in northeastern Alberta. The improvements include a 170-MW cogeneration facility to enhance the plant’s energy efficiency and a reduced land footprint for field production pads.
MCW Energy Group, a Canadian holding company involved in fuel distribution and the creation of oilsands extraction technology, announced successful results of processing random Alberta oilsands tailings ponds samples in a series of preliminary laboratory tests. of bitumen. Sale of hydrocarbons retrieved.
Japan-based TOYO Engineering Corporation, through its Canadian subsidiary TOYO Engineering Canada Ltd., Japan-based TOYO Engineering Corporation, through its Canadian subsidiary TOYO Engineering Canada Ltd., The vision of TOYO Engineering Canada is to be an expert in the Alberta heavy oil and gas development.
Royal Dutch Shell plc announced the completion of two previously announced agreements by Shell CanadaEnergy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its in-situ and undeveloped oilsands interests in Canada and reduce its share in the Athabasca OilSands Project (AOSP) from 60% to 10%.
A team of two researchers from Natural Resources Canada’s CanmetENERGY reports on a new process for solvent extraction of bitumen from mineable Athabasca oilsands (i.e., surface mining, not in situ well-based production) in a paper published in the ACS journal Energy & Fuels. Energy and GHG. —Wu and Dabros.
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 oilsands project. Carbonic anhydrase is the most powerful catalyst known for the hydration of CO 2 —i.e.,
Shell, as operator of the Athabasca OilSands Project (AOSP), announced the successful start of production of a 100,000 barrels per day expansion of its oilsands operations in Canada. — Marvin Odum, Shell Upstream Americas Director and President of Shell Oil Company.
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 oilsands to US refineries. Earlier post.). The RFA “They Said What?”
Statoil will postpone the previously planned Corner field development at the Kai Kos Dehseh (KKD) oilsands 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.
Examples of emerging oilsands related technologies and trade-offs. The paper is an examination of how various choices about the scale of the life cycle analysis applied to oilsands (i.e., The source material is neither oil nor tar but bitumen, but is most generally described as an example of ultraheavy oil.”.
The report provides nine different Tailings Technology Deployment (TDD) Roadmaps to accelerate the implementation of oilsands tailings solutions in Alberta. After oilsands ore is excavated from the ground (surface mining operations, not in situ production), warm water is added to wash the bitumen off the. sand and clay.
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 oilsands.
The carbon intensity (CI) of Alberta oilsands production has significantly decreased over the last 40 years, according to a new study by a team from Stanford University published as an open access paper in the journal Environmental Research Letters. Trends in well-to-wheel pathway-specific CI. Click to enlarge. Englander et al.
Thirteen companies have signed long-term contracts with Trans Mountain Pipeline ULC (Trans Mountain) operated by Kinder Morgan Canada Inc. and owned by Kinder Morgan Energy Partners, L.P.: BP CanadaEnergy Trading Company; Canadian Natural Resources; Canadian OilSands Limited; Cenovus Energy Inc.;
However, the new forecast represents a slowing of future oilsands production growth compared to the predictions of last year’s forecast. According to CAPP’s 2014 Crude Oil Forecast, Markets and Transportation , total Canadian crude oil production will increase to 6.4 CAPP forecast. Click to enlarge. In 2013, 1.9
The government of Canada is awarding approximately C$5 million (US$4.7 For dewatering the company has agreements in place with two technology providers and, through inVentures, has access to an organic sieve technology for removing water from the algae oil. We’re asking plants to do what they do best. Dr. O’Leary.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content