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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.
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.
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.
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.
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.
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.
Ferus NGF) held the grand opening of the first merchant liquefied natural gas (LNG) facility in Canada. To support the entire LNG supply chain, Ferus NGF has also designed and built specialized mobile storage and dispensing equipment to provide full-service fueling solutions. Ferus Natural Gas Fuels Inc.
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].
Air Products and its subsidiary Air Products Canada Ltd., signed a long-term agreement to supply North West Redwater Partnership with approximately 25 million standard cubic feet per day (MMSCFD) of hydrogen for North West’s Sturgeon Refinery near Edmonton, Alberta, Canada.
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.
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. Compliance category 2: supplying customers with low carbon intensity fuels (e.g.,
Canada’s National Energy Board has given regulatory approval to TransCanada Corporation’s Horn River pipeline project. This will help offset the recent decline in conventional Western Canada Sedimentary Basin volumes and contribute to higher throughput and lower tolls on downstream pipelines including the Canadian Mainline.
Air Canada is participating in the Civil Aviation Alternate Fuel Contrail and Emissions Research project ( CAAFCER ), a research project led by the National Research Council of Canada (NRC) to test the environmental benefits of biofuel use on contrails. In 2016 Air Canada continued taking delivery of the Boeing 787 Dreamliner.
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 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. petroleum coke).
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.
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.
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.
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.
Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6
Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. 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. Click to enlarge.
Results from a new modeling assessment of contamination in the Athabasca Oil Sands Region (AOSR) suggest that officially reported emissions of polycyclic aromatic hydrocarbons (PAHs) in that region have been greatly underestimated. Average emissions densities from Shen et al. are represented by the dashed black line. Click to enlarge.
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands 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.
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.
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.
Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, 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.
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. Kinder Morgan Energy Partners, L.P.
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.
Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. A total of 21 major oil and gas projects will begin production between 2012 and 2014. billion oil equivalent barrels.
He also continued his calls for the oil industry to increase refinery capacity to increase production. Crude oil is always the top contributor to the prices US drivers see at the pump. Refined product prices are set by the marginal supply costs of bringing the incremental barrels of products to market.
The proposed facility would supply the aviation and terrestrial fuel needs of the Greater Toronto Area (GTA), home to 6 million Canadians, while lowering the CO 2 emissions for the end users by up to 80%; it is also strategically located for exporting to the US Northeast. Refuel Energy Inc.
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 oilsupply and OPEC production. per gallon in 2024.
GE’s wastewater evaporation technologies have been selected to improve wastewater recovery at an existing oil sands project near Fort McMurray in Alberta, Canada. In 2012, GE also is scheduled to open a new Heavy Oil Centre of Excellence in Calgary, further building on a strong commitment and presence in the province of Alberta.
Improving the efficiency of road-freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency’s latest report, The Future of Trucks: Implications for energy and the environment.
Enbridge is developing two pipelines in the Canadian oil sands area for a combined investment of about $3 billion. billion, depending on scope, to meet the needs of multiple producers in the Athabasca oil sands region. Total E&P Canada Ltd. Total E&P Canada Ltd. The second is a new $1.6-billion Enbridge Inc.
Uncertainty range of the aviation GHG emissions under the High Oil price scenario (the most optimistic for biojet adoption), given in a box plot depicting the minimum, quartile, and maximum values. The model uses three price scenarios: low oil, reference and high oil. Credit: ACS, Agusdinata et al. Click to enlarge.
Separation of bitumen from a Canadian oil sand sample using an ionic liquid. A team of researchers at Penn State has developed a new, more environmentally friendly method of separating bitumen from oil sands utilizing ionic liquids (IL). Oil sands represent approximately two-thirds of the world’s estimated oil reserves.
Researchers at the University of Calgary (Canada) have developed the Petroleum Refinery Life-cycle Inventory Model (PRELIM). The configurations are differentiated by the presence of gas oil hydrocracking; fluid catalytic cracking (FCC); delayed coking; and residual hydrocracking. Credit: ACS, Abella and Bergerson. Click to enlarge.
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
Much of the US’ new abundant domestic oil and gas supply is being produced from unconventional resources—particularly light sweet crude oil from the Bakken shale in North Dakota, as well as the Eagle Ford and Permian Basins in Texas. This rapid growth has also created challenges in moving crude oil to market.
Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.
Microbiologists from the University of Essex, UK are exploring the use of microbes to break down and remove toxic compounds from heavy crude and oil sands. With dwindling supplies of high quality light crude oil, oil producers are looking towards alternative oilsupplies such as heavy crude oils and abundant super heavy crudes like oil sands.
The use of compressed or liquefied natural gas as a fuel for vehicles could help to displace oil and reduce greenhouse gas emissions, but to a limited extent because of the high cost of converting vehicles to use these fuels. The study found that there are significant global supplies of conventional gas.
diesel comes from a number of design features, such as: Isolated oil pan. The diesel engine’s block has been modified to accommodate a heater, which is standard equipment in Canada and optional in the US. An oil-level sensor contributes to an oil-change schedule of up to 18,500 miles. Further refinement in the 3.0L
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