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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.
Canadian researchers have developed a large-scale economical method to extract hydrogen from oilsands (natural bitumen) and oil fields. The process can extract hydrogen from existing oilsands reservoirs, with huge existing supplies found in Canada and Venezuela.
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.
New research by the IHS Markit Canadian OilSands Dialogue shows that the combined greenhouse gas (GHG) intensity of Canadian oilsands projects has declined 20% from 2009 levels. The latest data show that the greenhouse gas intensity of Canadian oilsands going down further, continuing a decade-long trend.
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.
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.
Shell Canada and Caterpillar have signed an agreement to test a new dual fuel engine and fuel mix using liquefied natural gas (LNG) that could reduce operating costs and lead to reduced emissions from oilsands mining in northern Alberta.
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). One of the key challenges in producing bitumen and heavy oil is their high, variable viscosity. From Gates and Larter (2013).
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 oilsands recovery by steam-assisted gravity drainage (SAGD).
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.
The Royal Society of Canada (RSC)—the country’s national academy of the arts, humanities and sciences—has released an expert panel report on the environmental and health impacts of the Canadian oilsands industry. Impacts of greenhouse gas emissions (GHG). Impacts of contaminants on downstream residents.
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.
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.
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. Earlier post.).
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.
(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.
TransCanada Corporation said that its 590,000 barrel-per-day (bpd) capacity Keystone Pipeline system resumed transporting oilsands 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.)
Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oilsands production outlook in more than half a decade. Higher oil prices have driven record returns for the Canadian oilsands.
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
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.
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. The 1,000-mile/1,607-km pipeline will run from Hardisty, Alberta, Canada, to Superior, Wisconsin.
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.
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 oilsands interests in Canada and reduce its share in the Athabasca OilSands Project (AOSP) from 60% to 10%.
an indirect wholly-owned subsidiary of CNOOC, will acquire oilsands 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 oilsands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a
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., Carley, Geert F.
has secured what it calls a critical patent for its innovative technology which recovers hydrocarbon diluents (solvents) from oilsands tailings. Heavy minerals exist in Alberta’s oilsands in minor quantities. Titanium Corporation Inc. Earlier post.).
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., The Clark hot water extraction (CHWE) process has been applied in commercial bitumen extraction from the Athabasca oilsands for more than 40 years.
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.
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
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.”.
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.
A new study released by Global Forest Watch Canada finds that significant amounts of greenhouse gases are emitted through the disturbance and/or removal of biocarbon (trees, shrubs, peats), which overlay Alberta’s oilsands. Peter Lee, lead author of the report and Executive Director of Global Forest Watch Canada.
Williams has signed a new long-term gas processing agreement with a Canadian oilsands producer. Williams will extract, transport, fractionate, own and market the natural gas liquids (NGLs) and olefins recovered from the offgas at the producer’s upgrader near Fort McMurray, Alberta.
Canadian Natural Resources (CNRL), an independent crude oil and natural gas producer, is applying a technique at its Horizon oilsands plant that uses CO 2 to change the water chemistry of the tailings, resulting in accelerated settling and greatly reduced water use. Edmonton Journal.
has been awarded the final of the three core Canadian patents on its oilsands tailings technology. Titanium’s pilot achieved recoveries of 82% of residual bitumen from the oilsands tailings stream and 98% of the solvents. The Canadian Government Sustainable Development Technology Canada SD Tech Fund contributed $1.4
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).
By the middle of this decade greenhouse gas (GHG) emissions from Canadian oilsands production should be in decline even as production continues to grow, according to a new comprehensive report by S&P Global Commodity Insights that takes into account current technology trends and production growth. —Kevin Birn.
A team from the University of Plymouth (UK) and Environment Canada has identified, for the first time, individual soluble naphthenic acids (NA) in the process water resulting from the oilsands industry in Canada. Frank (2011) Diamonds in the Rough: Identification of Individual Naphthenic Acids in OilSands Process Water.
Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oilsands underpinned by its alliance with Total. Canada-based Suncor Energy Inc., Approximately 80% of that production will be from the oilsands. Click to enlarge.
JAPEX), will postpone making a final investment decision (FID) for the Hangingstone OilSands Expansion Project ( earlier post ) in Alberta Province, Canada, based on a longer-than-expected approval process with the Alberta authorities. Japan Petroleum Exploration Co., bitumen pipelines and power transmission (by other parties).
Absolute greenhouse gas emissions from Canadian oilsands production were flat in 2022 even as total production grew, according to an initial analysis by S&P Global Commodity Insights. The Canadian oilsands have demonstrated a consistent trend of reductions in GHG intensity for the past decade.
A consortium led by Canada-based Western Hydrogen Ltd. million investment from Sustainable Development Technology Canada to support the development and commercialization of a new hydrogen manufacturing technology called Molten Salt Catalyzed Gasification (MSG), originally developed at the US Idaho National Laboratory (INL).
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 oilsands regions of Alberta. Pembina Pipeline Corporation has completed. Nipisi heavy crude and Mitsue condensate pipeline systems. Dotted green.) Source: Pembina.
Under the terms of the agreements to be executed at closing providing for the formation of the Joint Venture, Penn West will contribute the oilsands assets, valued at approximately C$1.8 billion, and will retain a 55% partnership interest. A wholly-owned subsidiary of Penn West will serve as operator of the assets.
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