Green Car Congress

JANUARY 11, 2023

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.

Oil Prices 210

Oil Prices Oil Global Price 210

Green Car Congress

SEPTEMBER 11, 2009

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 oil sands recovery by steam-assisted gravity drainage (SAGD).

Oil-Sands 218

Oil-Sands Oil Water Canada 218

Green Car Congress

SEPTEMBER 19, 2014

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].

Canada 225

Canada Qatar Oil Gas 225

Green Car Congress

DECEMBER 16, 2013

The differences from AEO2013 to AEO2014 result from different fuel prices, updated manufacturer product offerings, changing technology attributes, and an updated view of consumer perceptions of infrastructure availability for E85 vehicles. Projected low prices for natural gas make it a very attractive fuel for new generating capacity.

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

SEPTEMBER 10, 2014

Liquid fuels production (OPEC crude and lease condensate, non-OPEC crude and lease condensate, and other) and consumption (by OECD and non-OECD regions) under three price cases in 2040. Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., Source: EIA.

Asia 341

Asia Transportation Oil-Sands Oil Prices 341

Green Car Congress

NOVEMBER 1, 2009

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.

Canada 223

Canada Economy Global Climate Change 223

Green Car Congress

APRIL 15, 2013

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. Suncor’s view of market access for its oil sands products. Source: Suncor. Click to enlarge.

Canada 225

Canada Oil-Sands Gas Qatar 225

Green Car Congress

MAY 26, 2023

Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. Higher oil prices have driven record returns for the Canadian oil sands.

Oil-Sands 221

Oil-Sands Insight Oil Global 221

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 This resumption of production may accelerate if WTI remains above $30 per barrel—a price that allows operators to cover their operating costs and that reflects improved storage availability. However, nearly 1.4

Oil 186

Oil Oil-Sands Canada Production 186

Green Car Congress

JUNE 12, 2014

However, the new forecast represents a slowing of future oil sands 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. million barrels per day.

Oil-Sands 199

Oil-Sands Oil Production 2013 199

Green Car Congress

JUNE 18, 2014

The project would be capable of carrying 525,000 barrels per day of oil sands crude from Edmonton, Alberta to Kitimat on the British Columbia coast and more than 190,000 barrels per day of condensate back from Kitimat to Edmonton. The JRP’s recommendation was subject to 209 conditions. —Al Monaco.

Canada 218

Canada Oil-Sands Monaco Oil 218

Green Car Congress

NOVEMBER 13, 2011

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.

Oil 247

Oil Transportation Cheap Energy 247

Green Car Congress

JULY 5, 2022

Canada will publish the final Clean Fuel Regulations (CFR) in the Canada Gazette Part II on 6 July 2022. producers and importers) to reduce the carbon intensity of their liquid fossil fuels used in Canada from 2016 carbon intensity levels. The Government of Canada’s Clean Fuels Fund will invest $1.5 gCO 2 e/MJ.

Canada 199

Canada Clean Cleaning Fuel 199

Green Car Congress

FEBRUARY 14, 2013

According to an analysis by the US Energy Information Administration (EIA), planned additions over the next two years to the US crude oil pipeline infrastructure should relieve the bottleneck at Cushing, Oklahoma which has been caused by the oversupply of oil resulting from the growth of crude oil production in the US mid-continent and Canada.

Oil 220

Oil Illinois Texas Canada 220

Green Car Congress

SEPTEMBER 27, 2014

Statoil will postpone the previously planned Corner field development at the Kai Kos Dehseh (KKD) oil sands 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.

Oil-Sands 225

Oil-Sands Oil Canada 2011 225

Green Car Congress

AUGUST 9, 2013

The study also found that any absence of oil sands on the US Gulf Coast would most likely be replaced by imports of heavy crude oil from Venezuela, which has the same carbon footprint as oilsands crude. Future price volatility is to be expected. This indicates that oil sands can grow using rail; it is already happening.

Venezuela 275

Venezuela Oil-Sands Oil Canada 275

Green Car Congress

JULY 8, 2010

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 Electrovaya.

Li-ion 186

Li-ion Canada Renewable Clean 186

Green Car Congress

AUGUST 15, 2010

Examples of emerging oil sands related technologies and trade-offs. The paper is an examination of how various choices about the scale of the life cycle analysis applied to oil sands (i.e., The source material is neither oil nor tar but bitumen, but is most generally described as an example of ultraheavy oil.”.

Oil-Sands 225

Oil-Sands Oil Emissions Coal 225

Green Car Congress

NOVEMBER 21, 2013

The carbon intensity (CI) of Alberta oil sands 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. the Shell Quest project) could result in significant reductions in oil sands CI.

Oil-Sands 210

Oil-Sands Oil Carbon Production 210

Green Car Congress

SEPTEMBER 26, 2012

Williams has signed a new long-term gas processing agreement with a Canadian oil sands producer. The ethane price risk associated with this deal is mitigated via the previously announced long-term agreement to supply NOVA Chemicals Corporation with up to 17,000 bpd of ethane and ethylene.

Oil-Sands 218

Oil-Sands Oil 2018 Production 218

Green Car Congress

MAY 29, 2018

The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 billion); Kinder Morgan has agreed to work with the Government of Canada to seek a third-party buyer for the Trans Mountain Pipeline system and TMEP. billion (US$3.46 Earlier post.) Earlier post.)

Canada 199

Canada Oil-Sands Buy Oil 199

Green Car Congress

JULY 29, 2020

Canadian oil sands 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 Oil Sands Dialogue , which takes into account the “COVID-19 shock,” projects Canadian oil sands production to reach 3.8

Oil-Sands 221

Oil-Sands Oil 2020 Production 221

Green Car Congress

FEBRUARY 7, 2013

Cruze models in the United States and Canada offer a 1.4L Piston oil jets that help reduce friction and optimize piston temperature for greater performance and efficiency. Turbocharger bearings are oil-lubricated and cooled via an oil cooler. turbo, a 1.4L Eco model and 1.8L naturally aspirated engine. An approximately 4.5-gallon

Chevrolet 239

Chevrolet Diesel 2014 Clean 239

Green Car Congress

JUNE 23, 2011

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.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

JUNE 5, 2011

Canadian oil sands & conventional production. Oil sands growth will drive Canadian crude oil production to about 4.7 The forecast sees oil sands production rising from 1.5 Canadian and US crude oil pipelines—all proposals. —Greg Stringham, CAPP vice-president of markets and oil sands.

Oil-Sands 199

Oil-Sands 2010 Oil 2016 199

Green Car Congress

MARCH 24, 2009

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).

Canada 150

Canada Oil-Sands Energy Oil 150

Green Car Congress

SEPTEMBER 20, 2011

World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

Green Car Congress

JUNE 20, 2012

However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. Earlier post.).

Oil-Sands 225

Oil-Sands Price Turkey Fuel 225

Green Car Congress

FEBRUARY 25, 2010

Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO. and Imperial Oil.

Oil-Sands 199

Oil-Sands Oil 2020 2009 199

Green Car Congress

DECEMBER 24, 2011

Canada-based Osum Oil Sands Corp. million callable common share purchase warrants, each exercisable into one common share at any time without conditions by Osum, at a price of $12.50 billion barrels (net), ranking it third in the area next to Husky Energy and Shell Canada. Credit Suisse Securities (Canada), Inc.,

Oil-Sands 210

Oil-Sands Singapore Oil Legal 210

Green Car Congress

JUNE 24, 2021

Canadian oil sands production has fully recovered from last year’s “COVID-19 Shock”—the largest contraction of upstream production in Canadian history—and has exceeded pre-pandemic levels. The latest forecast by the IHS Markit Oil Sands Dialogue expects Canadian oil sands production to reach 3.6 MMbd in 2030.

Oil-Sands 170

Oil-Sands Oil Production Oil Prices 170

Green Car Congress

MAY 24, 2009

Oil sands supply chain. A new report from the Council on Foreign Relations (CFR)— The Canadian Oil Sands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oil sands while still enabling robust development of the energy resource. Source: Levi 2009.

Oil-Sands 150

Oil-Sands Climate Change Oil Climate 150

Green Car Congress

JULY 4, 2022

About 63% of today’s nuclear generating capacity comes from plants that are more than 30 years old, since many were built in the aftermath of the 1970s oil shocks. There is increased support and interest in Canada, France, the United Kingdom and the United States for this promising technology.

Russia 458

Russia Emissions Powered Power 458

Green Car Congress

JANUARY 14, 2015

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.

Canada 150

Canada Renewable Sale Oil 150

Green Car Congress

JUNE 6, 2019

Canadian oil sands production is set to enter a period of slower annual production growth compared to previous years. Large scale oil sands 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 oil sands is taking shape. —Kevin Birn.

Oil-Sands 170

Oil-Sands Oil Venezuela Production 170

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

DECEMBER 14, 2009

The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO is a US producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States.

Oil 186

Oil Fort Worth West Virginia Gas 186