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American SandsEnergy Corp., an oilsands exploration and development company operating in the state of Utah, announced the successful operation of its oilsand recovery pilot facility. This is a key differentiator between us and more traditional oilsand companies.
Twelve of Canada’s oilsands producers have formed a new alliance, Canada’s OilSands Innovation Alliance (COSIA), focused on accelerating the pace of improving environmental performance in Canada’s oilsands through collaborative action and innovation. This would improve plant reliability.
SOLVE adds a solvent to the steam in SAGD (basic operation depicted above) to reduce energy input and water consumption. The production well extracts the bitumen to surface heavy oil production facilities. SAGD is the predominant in-situ recovery method currently used in Canada’s oilsands. Source: StatoilHydro.
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 oilsands company MEG Energy Corp. MEG Energy is a Canadian oilsands company focused on in situ development and production.
Statoil has agreed to sell a 40% interest in its oilsands project in Alberta, Canada (Kai Kos Dehseh) to PTT Exploration and Production (PTTEP) of Thailand. Future development of the oilsands leases will proceed in a stepwise manner.
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’s oilsands will continue to play in the country’s energy future.
Shell will proceed with the first carbon capture and storage (CCS) project for an oilsands operation in Canada. billion Quest project will be built on behalf of the Athabasca OilSands Project joint venture owners (Shell, Chevron and Marathon Oil) and with support from the Governments of Canada and Alberta.
Statoil Canada has produced first oil from its SAGD (steam-assisted gravity drainage) Leismer Demonstration Project (LDP) in the Canadian oilsands after initiating steam injection in September 2010, one month ahead of schedule.
Total will not use carbon capture technology in the first phase of its Joslyn North Mine oilsands project, citing excessive cost. In 2009, the company suggested it was considering carbon capture and storage in its oilsands projects in Canada. Edmonton Journal. In July, Total E&P Canada Ltd. Earlier post.).
TransCanada Corporation has entered into binding agreements with Phoenix Energy Holdings Limited (Phoenix) to develop the Grand Rapids Pipeline project in Northern Alberta. The system will have the capacity to move up to 900,000 barrels per day of crude oil and 330,000 barrels per day of diluent.
an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oilsands project. CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents.
Japan-based TOYO Engineering Corporation, through its Canadian subsidiary TOYO Engineering Canada Ltd., Japan-based TOYO Engineering Corporation, through its Canadian subsidiary TOYO Engineering Canada Ltd., The vision of TOYO Engineering Canada is to be an expert in the Alberta heavy oil and gas development.
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.
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.
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 Alberta Clipper pipeline (red). Click to enlarge. Earlier post.). The RFA “They Said What?”
Alberta, Canada’s Climate Change and Emissions Management (CCEMC) Corporation is providing C$46 million (US$45 million) in funding to support six new carbon capture and storage and cleaner technology projects in the Canadian oilsands region. The organizations receiving funding from CCEMC are: Cenovus Energy Inc.: $10
a Total subsidiary, has signed an agreement with UTS EnergyCorporation (UTS) to acquire UTS Corporation with its main asset, a 20% interest in the Fort Hills oilsands mining project in Alberta, Canada. The Fort Hills project is operated by Canada’s Suncor Energy Inc. With Suncor Energy Inc.,
US-based Devon EnergyCorporation has received regulatory approval from the Alberta Energy Resources Conservation Board and Alberta Environment and Water to move forward with the company’s third oilsands project in Canada. Devon expects to deploy approximately $1.3 billion of capital on Jackfish 3 through startup.
Devon EnergyCorporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oilsands leases in Alberta, Canada. billion in cash.
The 100,000 barrels-per-day expansion takes upgrading capacity at Scotford to 255,000 barrels-per-day of heavy oil from the Athabasca oilsands. The Scotford Upgrader processes oilsands bitumen from the Muskeg River Mine and Jackpine Mine.
The Fort Hills Energy Limited Partnership has selected TransCanada Corporation to design, build, own and operate the proposed Northern Courier Pipeline project. Northern Courier Pipeline is fully subscribed under long-term contract to service the Fort Hills Mine, which is jointly owned by Suncor Energy Inc, Total E&P Canada Ltd.
the developer of a process for harvesting algae and cleaning up oil & gas water, announced that its second original equipment manufacturer’s (OEM) agreement will target oil service companies in the Canadian oilsands market. LH was an early private investor in Athabasca OilCorporation. OriginOil, Inc.,
and owned by Kinder Morgan Energy Partners, L.P.: BP Canada Energy Trading Company; Canadian Natural Resources; Canadian OilSands Limited; Cenovus Energy Inc.; Devon Canada Corporation; Husky Energy Marketing Inc.; Imperial Oil Limited; Nexen Marketing Inc.; Suncor Energy Marketing Inc.;
The report provides nine different Tailings Technology Deployment (TDD) Roadmaps to accelerate the implementation of oilsands tailings solutions in Alberta. After oilsands ore is excavated from the ground (surface mining operations, not in situ production), warm water is added to wash the bitumen off the. sand and clay.
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. Suncor Energy Inc. Click to enlarge.
Canada-based MEG Energy’s board of directors has approved 2011 capital investment of approximately $900 million and the final cost estimate for the 35,000 barrels per day Phase 2B oilsands expansion at the Christina Lake in-situ project. Non-energy operating costs are budgeted to average $9.00 future growth.
Shell submitted the application on behalf of the Athabasca OilSands Project, a joint venture among Shell Canada Energy (60%) Chevron Canada Limited (20%) and Marathon Oil Canada Corporation (20%). The Energy Resources Conservation Board (ERCB) is the primary regulatory agency for the project.
Penn West Energy Trust has entered into an agreement with a wholly-owned subsidiary of the China Investment Corporation (CIC) to form a joint venture that will develop Penn West’s bitumen assets located in the Peace River area of northern Alberta. CIC has also agreed to purchase trust units of Penn West on a private placement basis.
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 oilsands interests in Canada and reduce its share in the Athabasca OilSands Project (AOSP) from 60% to 10%.
Newalta Corporation has signed a contract with Syncrude Canada Ltd. The contract is over a three-year period at Syncrude’s oilsands mine operations near Fort McMurray, Alberta. to process mature fine tailings (MFT) for a demonstration project. Schemes may have many MFT ponds.
GE and FilterBox x recently signed an agreement to develop integrated de-oiling and water treatment options for Alberta’s oilsands. Specifically, the two companies will work together on heavy oil produced water treatment projects using in-situ thermal methods such as steam-assisted gravity drainage (SAGD).
Cenovus Energy Inc., a Canadian integrated oil company, reported an increase in third quarter crude oil production year-on-year of about 4% due to oilsands production that was 14% higher compared with the same period a year earlier. Conventional oil production slightly declined due to a combination of factors.
Canada-based Osum OilSands Corp. billion barrels (net), ranking it third in the area next to Husky Energy and Shell Canada. has entered into definitive agreements with a group of investors to issue, on a private placement basis, $500 million in equity securities.
Using activated amine (ADIP-X), Quest will capture one-third of the CO 2 emissions from Shell’s Scotford Upgrader, which turns oilsands bitumen into synthetic crude that can be refined into fuel and other products. Te Storage zone is a formation called Basal Cambrian Sands (BCS).
has sold a 10% interest in the Northern Lights Partnership (NLP) to SinoCanada Petroleum Corporation (SinoCanada), a subsidiary of China Petroleum & Chemical Corporation (Sinopec). In May 2005, SinoCanada acquired a 40% interest in NLP from Synenco Energy Inc. UTS is a 20% partner in the Fort Hills oilsands project.
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. The Energy East Pipeline could eliminate Canada’s reliance on higher priced crude oil currently being imported, TransCanada suggests.
When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. says the output of wells is up to 30% higher when they are blasted with more sand.
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. Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels.
Exxon Mobil Corporation’s new The Outlook for Energy: A View to 2040 , released last week, projects that global energy demand in 2040 will be about 30% higher than it was in 2010 as population grows to 9 billion and global GDP doubles. Light duty vehicle fleet by type and average fuel efficiency. Click to enlarge.
TransCanada Corporation is moving forward with the 1.1 million barrel per day (bbl/d) Energy East Pipeline project based on binding, long-term contracts received from producers and refiners. The Energy East Pipeline will have a capacity of approximately 1.1 The Energy East Pipeline will have a capacity of approximately 1.1
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. Accessing new and existing markets is critical for our continued growth and responsible development of Canada’s oilsands.
The Board of Directors of Marathon OilCorporation has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent energy companies. Marathon OilCorporation (MRO) will be a global upstream company based in Houston, Texas.
Chevron Corporation announced that it had conducted a successful production test on the St. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. Malo PS003 well in the prolific Lower Tertiary trend in the deepwater Gulf of Mexico. Chevron’s Jack/St. billion.
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. Earlier post.).
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