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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

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.

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Canada oil sands producers form alliance to improve environmental performance

Green Car Congress

Twelve of Canada’s oil sands producers have formed a new alliance, Canada’s Oil Sands Innovation Alliance (COSIA), focused on accelerating the pace of improving environmental performance in Canada’s oil sands through collaborative action and innovation. The released water is recovered and recycled.

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Governments of Canada and Alberta sign MoU on oil sands research

Green Car Congress

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 oil sands technologies with reduced energy use and greenhouse gas emissions. —Canada Environment Minister Joe Oliver. —Alberta Premier Alison Redford.

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Canada seeking to strengthen oil tanker safety system

Green Car Congress

Tankers and Canada. Each year, 80 million tonnes of oil are shipped off Canada’s East and West Coasts. Oil tankers have been moving along Canada’s West Coast since the 1930s. Oil is moved mostly via the ports of Vancouver, Prince Rupert and Kitimat. million tonnes of oil was shipped out of Vancouver.

Canada 225
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Canada Launches Algal Biofuels Project

Green Car Congress

The government of Canada is awarding approximately C$5 million (US$4.7 C2A has been licensed to use an ultra-efficient gas infusion technology for the transfer of CO 2 into liquids for algae feedstock and to remove oxygen that can become toxic to algae. Carbon2Algae (C2A).

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Ferus Natural Gas Fuels commissions 1st merchant LNG facility in Canada

Green Car Congress

Ferus Natural Gas Fuels Inc. Ferus NGF) held the grand opening of the first merchant liquefied natural gas (LNG) facility in Canada. In addition to the merchant LNG plant, the company is jointly building two LNG liquefaction facilities with ENN Canada in Alberta and British Columbia.

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Suncor Energy sells majority of conventional natural gas business in Western Canada for $1B

Green Car Congress

Suncor Energy has reached an agreement to sell the conventional portion of its natural gas business in Western Canada for $1 billion to a newly established partnership between Centrica plc and Qatar Petroleum International. Estimated production from this business in 2013 is approximately 42,000 boe/d (90% gas). Source: Suncor.

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