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American Sands Energy 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.
Titanium Corporation Inc. has secured what it calls a critical patent for its innovative technology which recovers hydrocarbon diluents (solvents) from oilsands tailings. Heavy minerals exist in Alberta’s oilsands in minor quantities. Earlier post.).
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.
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.
Tony Clement, Canada’s Minister of Industry, has approved the acquisition by PetroChina of the MacKay and Dover OilSands projects from Athabasca OilSandsCorporation (AOSC) “ because I am satisfied that the investment is likely to be of net benefit to Canada. ”. Earlier post.).
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.
TransCanada Corporation said that its 590,000 barrel-per-day (bpd) capacity Keystone Pipeline system resumed transporting oilsands crude on Sunday, 5 June, after a shutdown 29 May following an above-ground spill at a pump station in Kansas involving less than 10 barrels of oil. The tar sands are estimated (e.g.,
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 oilsands recovery by steam-assisted gravity drainage (SAGD). Water use and CO 2 emissions are major challenges for the oilsand industry.
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.).
Japan-based TOYO Engineering Corporation, through its Canadian subsidiary TOYO Engineering Canada Ltd., TOYO has performed major projects in the global oil and gas industry for more than 50 years and, with the EPC scope of work for the JACOS Hangingstone Project, TOYO will be advancing its business in the Canadian oil and gas sector.
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. Canada-based CO 2 Solutions Inc., Carbonic anhydrase is the most powerful catalyst known for the hydration of CO 2 —i.e.,
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. a subsidiary of Exxon Mobil Corporation, to expand its fleet of 325 tank barges to meet mid-range demands.
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. This week, the RFA happened to issue two pieces, each touching on the impact of oilsands production.
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. New energy markets and infrastructure offer tremendous benefits to Canada and Canadians.
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.
a Total subsidiary, has signed an agreement with UTS Energy Corporation (UTS) to acquire UTS Corporation with its main asset, a 20% interest in the Fort Hills oilsands mining project in Alberta, Canada. Total E&P Canada Ltd., Canadian dollars (CAD) per share to acquire UTS. With Suncor Energy Inc.,
Titanium Corporation Inc. has been awarded the final of the three core Canadian patents on its oilsands tailings technology. Titanium’s pilot achieved recoveries of 82% of residual bitumen from the oilsands tailings stream and 98% of the solvents. Earlier post.) —Scott Nelson, Titanium’s President and CEO.
an indirect wholly-owned subsidiary of CNOOC, will acquire oilsands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oilsands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a
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.
The Fort Hills Energy Limited Partnership has selected TransCanada Corporation to design, build, own and operate the proposed Northern Courier Pipeline project.
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.
The Board of Directors of Canada-based Athabasca OilCorporation has given the go-ahead to the company’s $536-million Hangingstone 1 SAGD (steam-assisted gravity drainage) Project; the company also reaffirmed that its Light Oil Division is on track to meet its year-end production target of 10,000 to 11,000 barrels of oil.
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.,
Williams has signed a new long-term gas processing agreement with a Canadian oilsands 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.
Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oilsands underpinned by its alliance with Total. Approximately 80% of that production will be from the oilsands. The agreement with Total is an important element of Suncor’s plans to more than double our oilsands production.
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.; and owned by Kinder Morgan Energy Partners, L.P.: Statoil Canada Ltd.; Suncor Energy Marketing Inc.;
Pembina Pipeline Corporation has completed. the construction and has initiated start-up of its Nipisi heavy oil pipeline and Mitsue diluent pipeline which will service the Pelican Lake and Peace River oilsands regions of Alberta. Nipisi heavy crude and Mitsue condensate pipeline systems. Dotted green.) Source: Pembina.
The carbon capture process at the Scotford oilsands upgrader will capture about 35% of emissions. miles) underground into the deepest saline aquifer formation in Alberta (the Basal Cambrian Sands) beneath several layers of impermeable rock. —John Abbott, Shell’s Executive Vice President of Heavy Oil. Earlier post.)
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%.
Devon Energy Corporation 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.
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%). Quest is a fully integrated CCS project, meaning it will capture, transport (pipeline) and store carbon dioxide.
US-based Devon Energy Corporation 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. Like Jackfish 1 & 2, Jackfish 3 represents an estimated 300 million barrels of gross recoverable oil.
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. Cenovus Energy Inc.,
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.
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).
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. Imperial Oil: $10 million for a Cyclic Solvent Process pilot in Cold Lake.
Imperial Oil Limited’s board of directors approved the first phase of the Kearl oilsands project, a surface mining operation northeast of Fort McMurray, Alberta. Imperial is an affiliate of Exxon Mobil Corporation, which owns 69.6% of the outstanding shares.
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. identify additional resource on MEG’s 800 square miles of 100%-owned oilsands leases.
Canada-based Osum OilSands Corp. has entered into definitive agreements with a group of investors to issue, on a private placement basis, $500 million in equity securities. The financing was led by a combination of new and existing shareholders.
GE is partnering with the University of Alberta (UA) and Alberta Innovates Technology Futures (AITF) on a $4 million CO 2 capture project supported by the Climate Change and Emissions Management (CCEMC) Corporation. The technology is based on naturally occurring zeolites identified by UA.
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