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The process also uses less than half the water per gallon than required for the production of gasoline from conventional crude, and about one-third to one-quarter of the water per gallon required for the production of gasoline from oilsandsoil, Bolson said. On average, approximately 3.0
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. —PHMSA Corrective Action Order.
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.
TransCanada Corporation has informed the US Department of State (DOS) that it plans to file a Presidential Permit application (cross-border permit) in the near future for the Keystone XL Project from the US/Canada border in Montana to Steele City, Nebraska. The approximate cost is US$2.3 Cross-border Project.
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