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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.
billion program of pipeline expansions to carry an additional 400,000 barrels per day (bpd) of light oil from North Dakota and western Canada to refinery markets in Ontario, Quebec and the US Midwest. billion investment rounds out our suite of major crude oil new market access initiatives for North American markets.
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.
Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Proton Technologies is commercializing the process.
Canada received 1.0 Includes crude oil and petroleum products, such as gasoline, diesel and jet fuel. The United States exported 1.2 mmbd of petroleum to Mexico in 2019, which was 14% of total US petroleum exports, according to the US Energy Information Administration (EIA). mmbd or 12%. US petroleum exports by destination, 1990-2019.
Proposed oil sands monitoring by 2015. The Government of Canada and Government of Alberta unveiled “The Joint Canada-Alberta Implementation Plan for Oil Sands Monitoring” in a partnership to improve environmental monitoring in the oil sands region with a program that will sample more sites for more substances more frequently.
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. This would improve plant reliability.
bp has agreed to sell its 50% interest in the Sunrise oil sands 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 oil sands production and will shift its focus to future potential offshore growth. 650 water depth.
The International Energy Agency’s Monthly Oil Statistics shows that there are differences in refinery output throughout the world. OECD Americas: Canada; Chile; Mexico; United States. Source: International Energy Agency, Monthly Oil Statistics, February 2020, Paris, France.,
Statoil Canada has produced first oil from its SAGD (steam-assisted gravity drainage) Leismer Demonstration Project (LDP) in the Canadian oil sands after initiating steam injection in September 2010, one month ahead of schedule. —Lars Christian Bacher, president of Canadian operations for Statoil Canada Ltd. “W”.
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.
Tony Clement, Canada’s Minister of Industry, has approved the acquisition by PetroChina of the MacKay and Dover Oil Sands projects from Athabasca Oil Sands Corporation (AOSC) “ because I am satisfied that the investment is likely to be of net benefit to Canada. ”. Earlier post.).
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.
Statoil has made a third discovery of crude oil in the Flemish Pass Basin, offshore Newfoundland. John’s, Newfoundland and Labrador, Canada. The Mizzen discovery, announced in 2010, is estimated to hold between 100-200 million barrels of oil. This discovery is the second discovery for Statoil offshore Newfoundland this year.
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. Tags: Algae Algal Fuels Canada.
The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023. per gallon.
Summary of the current oil sands developments (mining and in-situ) and associated land use. Canada’s Environment Minister Peter Kent released an integrated monitoring plan for the oil sands region. fail in its goal of generating the data necessary to provide assurance that the oil sands are. design addresses.
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 amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration.
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.
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 oil sands, need to be part of it. all means the United States simply can’t afford to demonize the oil sands, Jacobson says.
A comprehensive environmental field study to gather information on air contaminants in the Wood Buffalo region in northeast Alberta, Canada (home to major oil sands projects) will occur from 12 August to mid-September 2013. Evaluate high-resolution air quality models for use in the oil sands region. Earlier post.).
Canada is moving forward with the requirement for an average 2% renewable content in diesel fuel and heating oil. Canada’s Renewable Fuels Regulations were published on 1 September 2010. The regulations also contained the provisions to require an average of 2% renewable content in diesel fuel and heating oil.
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).
(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.
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
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%.
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 oil sands pathways. Credit: ACS, Bergerson et al.
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.
An ExxonMobil Canada affiliate will acquire Calgary-based Celtic Exploration Ltd. The assets were estimated by Celtic on 31 December 2011 to include an estimated 128 million oil equivalent barrels of proved plus probable reserves, of which 24% are crude, condensate and natural gas liquids and 76% natural gas.
New research by the IHS Markit Canadian Oil Sands Dialogue shows that the combined greenhouse gas (GHG) intensity of Canadian oil sands projects has declined 20% from 2009 levels. The latest data show that the greenhouse gas intensity of Canadian oil sands going down further, continuing a decade-long trend.
Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.
The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks. 17, compared to the prior week.
Air Canada is operating its first flight with biofuel today to highlight the airline's commitment to the environment. Today’s AC991 will be a normal revenue flight operated with an Airbus A319 aircraft using a 50/50 mix of regular and biojet fuel derived from recycled cooking oil.
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. SunLNG) and LNGaz Ltd.
US imports of Canadian crude oil rose to record levels during the first eight months of 2012, with Canada accounting for a growing share of total gross US imports, according to the US Energy Information Administration (EIA). Almost 99% of Canadian oil exports are sent to the US market. million barrels per day. Source: EIA.
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. Source: [link].
The Canadian Minister of Transport Lisa Raitt announced a suite of amendments to Canada’s Transportation of Dangerous Goods Regulations (TDGR), including a ban on transporting lithium metal batteries as cargo on passenger flights in Canada. New United Nations (UN) product numbers for petroleum sour crude oil and biomedical waste.
The Government of Canada is adopting stricter environmental standards to reduce air emissions from ships navigating in Canadian waters. These changes further align Canada’s air emission standards with the United States. The changes we are announcing today will help make our oceans and lakes cleaner by reducing ship emissions.
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. ENN Canada has committed to a significant amount of the LNG produced at these plants for its planned fueling stations. —Dick Brown, CEO of Ferus Natural Gas Fuels.
BIOX Corporation (BIOX) will supply biodiesel to Shell Canada Limited via an inter-terminal pipeline. This agreement provides Shell Canada access to a secure, stable supply of renewable content for our diesel with the most efficient logistics possible. —Esther Atere, Shell Canada Business Development Lead.
Kinder Morgan Energy Partners L.P.and Imperial Oil formed a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal. —Bill Henderson, vice-president for Kinder Morgan Canada Terminals. —Rich Kruger.
The US Bureau of Land Management (BLM) has published the Notice of Availability (NOA) of the Draft Programmatic Environmental Impact Statement (PEIS) and Possible Land Use Amendments for Allocation of Oil Shale and Tar Sands Resources on Lands Administered by the BLM in Colorado, Utah and Wyoming.
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 oil sands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).
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