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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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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.

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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.). —Dr.

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Details on how Enbridge will expand capacity of Alberta Clipper oil sands crude pipeline without US review

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million barrels per day of crude oil and liquids. The Enbridge Mainline system is the largest conduit of oil into the United States. Enbridge transports 53% of US-bound Canadian production, a figure that accounts for approximately 15% of total US crude oil imports. The dotted lines show future connections. miles (2.4

Oil-Sands 339
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Enbridge to develop two pipelines for total of $3B in Canadian oil sands

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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. The first is a new industry diluent pipeline with associated capital of up to $1.4 Total E&P Canada Ltd.

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Enbridge to Expand Athabasca Oil Sands Pipeline Capacity

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will undertake an expansion of its Athabasca Pipeline to accommodate recent shipping commitments by the Christina Lake oil sands project operated by Cenovus. The Athabasca Pipeline transports crude oil from various oil sands projects to the mainline hub at Hardisty, Alberta. Enbridge Inc.

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Enbridge to twin southern section of its Athabasca oil sands pipeline for about $1.2B

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will twin the southern section of its Athabasca Pipeline from the Kirby Lake, Alberta terminal to the Hardisty, Alberta crude oil hub at an estimated cost of approximately C$1.2 billion project, originally proposed in 2005, was seen as a way to diversify markets for oil sands crude, with exports targeted for Asia and California.

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ACL to begin transporting Canadian crude by inland barge to Gulf Coast for oil sands company MEG Energy

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American Commercial Lines (ACL) will begin transporting crude oil by barge on the US inland waterways for MEG Energy (US) Inc. MEG Energy), a subsidiary of the Canadian oil sands company MEG Energy Corp. MEG Energy is a Canadian oil sands company focused on in situ development and production.

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