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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.
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. The released water is recovered and recycled.
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.
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.
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).
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.
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.
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.
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 oil sands facility into commercial products such as biofuels. Click to enlarge.
Canada is moving forward with the requirement for an average 2% renewable content in diesel fuel and heating oil. After positive results, we are moving forward with this requirement which will result in further reductions in greenhouse gas emissions and ultimately in cleaner air for all Canadians.
An ExxonMobil Canada affiliate will acquire Calgary-based Celtic Exploration Ltd. Current production of the acreage to be acquired is 72 million cubic feet per day of natural gas and 4,000 barrels per day of crude, condensate and natural gas liquids. —Andrew Barry, president of ExxonMobil Canada.
Environment Canada recently released a consultation paper on the development of proposed regulations to limit greenhouse gas (GHG) emissions from new on-road heavy-duty vehicles. The US announced first-ever fuel efficiency and greenhouse gas emission standards for medium- and heavy-duty vehicles earlier in August. Resources.
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 oil sands. Tags: Canada Carbon Capture and Storage (CCS) Oil sands. The project will capture and store up to 1.2
Stolt-Nielsen Gas Ltd. have agreed to form a new start-up focused on the development of small-scale LNG liquefaction and logistics services in Bécancour, Québec, Canada. Under the current plan, gas delivered via existing pipelines terminating in southeast Canada will be liquefied at a small-scale plant to be constructed by Stolt LNGaz.
(JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oil sands 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.
Ferus Natural Gas Fuels and ENN Canada Corporation are forming a joint venture today to construct, own and operate two LNG liquefaction plants in Canada. In order for our customers to make the switch to natural gas, they need certainty of an uninterrupted supply of LNG to fuel their equipment.
A pervasive hydrocarbon system in the Western Canada Sedimentary Basin (WCSB) in Alberta and British Columbia, the Montney is estimated to hold 2,200 trillion cubic feet of gas, almost 29 billion barrels of natural gas liquids and over 136 billion barrels of oil. by James Burgess of Oilprice.com. million per section.
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%.
Canada Environment Minister Leona Aglukkaq announced that Canada plans to reduce its greenhouse gas (GHG) emissions by 30% below 2005 levels by 2030. Canada formally submitted its target, referred to as an Intended Nationally Determined Contribution (INDC), to the United Nations Framework Convention on Climate Change.
Canada’s National Energy Board has given regulatory approval to TransCanada Corporation’s Horn River pipeline project. The project will provide service for Alberta System gas transportation contracts that grow to more than 630 million cubic feet per day by 2014. bcf/d by 2014.
Canada can succeed economically while meeting targets to reduce greenhouse gas emissions, according to an economic modelling study commissioned by the Pembina Institute and the David Suzuki Foundation. The study indicates that Canada can implement much stronger climate policies than the US and still prosper economically.
Joe Oliver, Canada’s Minister of Natural Resources, and Ola Borten Moe, Norwegian Minister of Petroleum and Energy, signed a joint statement on cooperation in the energy sector. The statement outlines four main priorities for cooperation between Norway and Canada in the energy sector: General. Oil and gas.
The Government of Canada has finalized regulations requiring an average renewable fuel content of 5% in gasoline; the regulations comes into effect starting 15 December 2010. Building on that successful collaboration, the Government of Canada said it will continue to work with the US to do the same for heavy-duty vehicles.
Canada will publish the final Clean Fuel Regulations (CFR) in the Canada Gazette Part II on 6 July 2022. million tonnes of greenhouse gas pollution in 2030, or roughly the amount of GHGs currently generated by the entire Canadian economy in two weeks. The Government of Canada’s Clean Fuels Fund will invest $1.5
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. million investment.
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. Williams Energy (Canada), Inc. Williams Energy (Canada), Inc. is Canada’s only oil-sands off-gas processor.
On 6 December, Canada filed a submission to define the outer limits of its expanded continental shelf area in the Atlantic Ocean with the Commission on the Limits of the Continental Shelf. What we want to do is claim the biggest geographic area possible for Canada.”. Canada became party to UNCLOS on 7 December 2003.
Sustainable Development Technology Canada (SDTC) awarded C$40 million (US$38.4 million) to 18 clean technology projects in the transportation, oil and gas and wastewater treatment sectors. Ocean Nutrition Canada Ltd. Targeted Growth Canada Inc. Tags: Batteries Bio-hydrocarbons Canada. billion (US$1.5
The two leaders discussed practical ways the United States and Canada could encourage the development of clean energy technologies to reduce greenhouse gases and combat climate change. US and Canadian officials will meet in the coming weeks to launch the clean energy dialogue.
and Petro-Canada have agreed to merge. Upon completion of the transaction, the combined entity will operate corporately and trade under the Suncor name, while maintaining the brand presence of Petro-Canada in refined products. Current crude oil and natural gas production of approximately 680,000 boe per day (boe/d).
The Federal Cabinet of the Government of Canada approved the $11-billion Pacific NorthWest LNG Project following completion of a federal environmental assessment. The facility would liquefy and export natural gas produced by Progress Energy Canada Ltd. in northeast British Columbia. For example, Pacific NorthWest LNG Ltd.
has begun sales of renewable isobutanol to Brenntag Canada Inc., a member of the Brenntag group companies, for distribution into the solvents, oil & gas, mining and specialty chemicals markets. The initial market entry is focused on Canada. —Stephen Bushell, Director of National Supply for Brenntag Canada.
The Government of Canada’s commitment to eliminating inefficient fossil fuel subsidies signals both greater support for clean technology as well as emission reductions across the economy from traditional sectors. Canada is also committed to phasing out public financing of the fossil fuel sector.
The Government of Canada will consult with provinces and territories, Indigenous peoples, industries, and non-governmental organizations to develop a clean fuel standard. The standard would require reductions in the carbon footprint of the fuels supplied in Canada, based on lifecycle analysis. Some jurisdictions (e.g., petroleum coke).
In the middle of 2024, I documented the remarkable disappearance of claims of environmental virtue from the websites and social media of Canadian oil and gas companies and the lobbying groups they employed. Overnight, the degree of factual accuracy on their public sites went up by a remarkable amount.
Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.
Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. The Administration is pushing the oil industry to produce on leases already held.
Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT.
Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.
The pilot will support E3 Lithium’s Clearwater project, which will draw lithium from under the Leduc oil field, Imperial’s historic discovery that first launched major oil and gas development in Western Canada. —Jason Iwanika, director of commercial business development at Imperial.
Greenhouse gas (GHG) emission standards and CAFE standards increase new LDV fuel economy through model year 2025 and beyond, with more fuel-efficient new vehicles gradually replacing older vehicles on the road and raising the fuel efficiency of the LDV stock by an average of 2.0% per year, from 21.5 l/100 km) in 2012 to 37.2
Total OECD annual production of crude oil, natural gas liquids (NGL), and refinery feedstocks increased by 10.3% Canadian production also increased on an annual basis (+8.1%), due to robust production of crude oil, while Mexico’s production continued to fall (-6.3%). or 105 Mt in 2018 compared to 2017.
World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.
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