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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.).
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. Production volumes from the partnership will continue to be handled and marketed by Statoil Canada Ltd.
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.).
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. Statoil Canada Ltd.
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.
Shell announced the successful start of production from its Scotford Upgrader Expansion project in Canada. 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.
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.,
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. Emissions of dangerous by-products are zero. Canada-based CO 2 Solutions Inc., the conversion of carbon dioxyde to bicarbonate and protons.
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. Once the Upgrader expansion is online early next year production will rise towards capacity over 2011.
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.
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.
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.
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 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 oilsandsproduction.
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. Yves-Louis Darricarrère, President of Total Exploration and Production. Total E&P Canada Ltd., per barrel.
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
a Canadian integrated oil company, reported an increase in third quarter crude oilproduction year-on-year of about 4% due to oilsandsproduction that was 14% higher compared with the same period a year earlier. Conventional oilproduction slightly declined due to a combination of factors.
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 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.
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. Click to enlarge. Canada-based Suncor Energy Inc., Canada-based Suncor Energy Inc.,
.: 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 Products Partnership; Tesoro Refining & Marketing Company; and 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.,
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.
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.
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.
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.
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).
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. In June 2010, production from Phases 1 and 2 averaged approximately 26,400 bbls/d.
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 Osum OilSands Corp. With the submission of this application and as a result of the proximity of the project to existing in situ production of 340,000 barrels per day, Osum was assigned 359 million barrels of proved plus probable reserves by its independent reserve auditors.
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.
has sold a 10% interest in the Northern Lights Partnership (NLP) to SinoCanada Petroleum Corporation (SinoCanada), a subsidiary of China Petroleum & Chemical Corporation (Sinopec). The Northern Lights OilSands Project is located approximately 100 kilometers (62 miles) northeast of Fort McMurray, Alberta.
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.
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. The CO 2 is a byproduct of the production of hydrogen, which is used to upgrade the bitumen.
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.
Air Products, the leading global hydrogen provider, and its subsidiary Air Products Canada Ltd. Air Products will supply hydrogen by pipeline to Shell Canada Energy; Sherritt International Corporation; and Williams Energy (Canada) Inc. Sherritt International Corporation is a diversified natural resource company.
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.
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.
billion oil-equivalent barrels—the bulk of it from Canadian oilsands—replacing 103% of production. Excluding the impact of asset sales, reserves additions replaced 110% of production. Reserves additions from the Kearl Phase 1 oilsands project in Canada totaled 1.1 billion oil-equivalent barrels.
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. ATCO Energy Solutions and Praxair Canada Inc. Earlier post.).
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. Source: ExxonMobil Outlook.
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