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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. It is the second-largest oil producer in the UK North Sea.
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.
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.
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. Renewable energy.
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.
The Government of Canada has established a Heavy Oil Working Group. Comprising countries such as Canada, Brazil, Colombia, Mexico, the United States and Venezuela, the Heavy Oil Working Group will collaborate on clean energy research to reduce the impact of fossil fuel development. Minister Paradis.
Results from a new modeling assessment of contamination in the Athabasca OilSands Region (AOSR) suggest that officially reported emissions of polycyclic aromatic hydrocarbons (PAHs) in that region have been greatly underestimated. —Parajulee and Wania. Average emissions densities from Shen et al. Source: Parajulee and Wania.
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oilsands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.
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.
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.
Canadian oilsands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19—the largest annual decline on record. The new forecast by the IHS Markit OilSands Dialogue , which takes into account the “COVID-19 shock,” projects Canadian oilsands production to reach 3.8
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.)
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.
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.
Two new lifecycle studies have found that direct greenhouse emissions from producing, transporting and refining oil-sands derived crude, while greater on average than those from conventional crudes, can also overlap the conventional crude range, depending upon a number of factors.
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 globaloil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.
A team at the University of Calgary (Canada) has compared the energy intensities and lifecycle GHG emissions of unconventional oils (oilsands and oil shale) alongside shale gas, coal, lignite, wood and conventional oil and gas. Earlier post.).
Exxon Mobil has started production at its Kearl oilsands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6
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.
About 50% of Albertans are disappointed with the way their provincial and federal governments have dealt with recent criticism of the oilsands, a new Angus Reid Public Opinion poll has found. Two-in-five Albertans (41%) think global warming is a fact and is mostly caused by emissions from vehicles and industrial facilities.
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.
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 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.
Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oilsands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.
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.
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.
Royal Dutch Shell plc will not continue construction of the 80,000 barrel per day Carmon Creek thermal in situ oilsands project located in Alberta, Canada. This decision reflects current uncertainties, including the lack of infrastructure to move Canadian crude oil to global commodity markets.
Following a 2017 report that identified potential products that could be made from Alberta oilsands bitumen, this new study identifies the top potential uses to help Alberta diversify its economy outside of conventional fuels and chemical feedstocks. Vanadium is contained within oilsands bitumen in significant quantities (200 ppmw).
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.
Japan-based TOYO Engineering Corporation, through its Canadian subsidiary TOYO Engineering Canada Ltd., TOYO has performed major projects in the globaloil 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.
Use of coal, oil, and natural gas has to stop (in that order). But “dirty” oil, emanating from oilsands (a.k.a., tar sands) with a significantly higher carbon footprint than conventional oil, deserves a place at the front of the line. Keystone XL would add to global greenhouse gas emissions.
Canadian oilsands production is set to enter a period of slower annual production growth compared to previous years. Large scale oilsands projects take two, three, four or more years to be brought online and so the reality of a slower pace of investment and growth in the Canadian oilsands is taking shape.
The carbon capture process at the Scotford oilsands upgrader will capture about 35% of emissions. Shell has signed agreements with the Governments of Alberta and Canada to secure C$865 million (US$876 million) in funding for its Quest Carbon Capture and Storage (CCS) Project in Canada. Click to enlarge. Earlier post.)
Suncor Energy is Canada’s leading integrated energy company, with a global team of more than 30,000 people. Suncor’s operations include oilsands development, production and upgrading, offshore oil and gas, and petroleum refining in Canada and the US. blue hydrogen”).
Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels. Demand for electricity will make natural gas the fastest growing major energy source and oil and natural gas are expected to meet 60% of energy needs over the next three decades.
Oilsands supply chain. A new report from the Council on Foreign Relations (CFR)— The Canadian OilSands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oilsands while still enabling robust development of the energy resource.
ATCO Energy Solutions and Praxair Canada Inc. are pursuing the development of hydrogen storage and pipeline infrastructure in Alberta, focusing on opportunities northeast of Edmonton where the growth in heavy-oil processing in Alberta has created an increased demand for hydrogen.
World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. In the first half of the year, producers strained to meet global demand, but when the recession took hold later in the year the market was swamped by excess supply.
Beginning production late next year, the GT will the road in select global markets in honor of the 50 th anniversary of Ford GT race cars placing 1-2-3 at the 1966 24 Hours of Le Mans. Mud and sand mode for muddy and sandy trails and terrain. Raptor is 6 inches wider than the standard F-150 for improved stability off-road.
Shell marked the official opening of the Quest carbon capture and storage (CCS) project in Alberta, Canada, and the start of commercial operations there. Quest was made possible through strong collaboration between the public and private sectors aimed at advancing CCS globally. It features multiple caprock and salt seal layers.
With tech giants, utilities, and governments budgeting upwards of US $1 trillion for capital expansion to join the global battle for AI dominance, data centers are the bunkers, factories, and skunkworks—and concrete and electricity are the fuel and ammunition. None yet has enough traction to measurably reduce global concrete emissions.
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