Remove Cost Of Remove Oil Remove Oil-Sands
article thumbnail

Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Green Car Congress

Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Proton Technologies is commercializing the process.

Oil-Sands 375
article thumbnail

Imperial Oil ups costs of Kearl oil sands initial development 18% to $12.9B

Green Car Congress

Imperial Oil has raised the expected final cost for the Kearl oil sands initial development to $12.9 Kearl, jointly owned between Imperial Oil (operator) and ExxonMobil Canada, will be one of Canada’s largest open-pit mining operations with regulatory approval for up to 345,000 barrels a day of production.

Oil-Sands 257
article thumbnail

Study concludes permanent loss of peatlands in open-pit oil sands mining adds significantly to carbon burden of oil sands production

Green Car Congress

Researchers at the University of Alberta (Canada) have quantified the transformation of the boreal landscape by open-pit oil sands mining in Alberta, Canada to evaluate its effect on carbon storage and sequestration. Oil sands mining and reclamation cause massive loss of peatland and stored carbon. —Rooney et al.

Oil-Sands 270
article thumbnail

US DOI finalizes plan for oil shale and oil sands research, demonstration and development

Green Car Congress

Secretary of the Interior Ken Salazar last week announced the Department of the Interior’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and oil sands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).

Oil-Sands 225
article thumbnail

Enbridge to Expand Athabasca Oil Sands Pipeline Capacity

Green Car Congress

will undertake an expansion of its Athabasca Pipeline to accommodate recent shipping commitments by the Christina Lake oil sands project operated by Cenovus. The estimated cost of the project is approximately $185 million. The estimated cost of the project is approximately $185 million. Enbridge Inc.

Oil-Sands 210
article thumbnail

Imperial Oil sanctions Kearl Oil Sands expansion project

Green Car Congress

Imperial Oil Limited’s board of directors has approved the expansion phase of the Kearl Oil Sands Project, a surface mining operation under construction northeast of Fort McMurray, Alberta. Imperial Oil’s share of the Kearl Oil Sands asset is 71%. billion (US$10.6 billion (US$8.7 per barrel.

Oil-Sands 210
article thumbnail

CO2 Solutions’ enzymatic carbon capture technology performance exceeds targets in oil sands project

Green Car Congress

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 oil sands project. However, the cost of conventional CCS technologies is prohibitive to broad commercial deployment. Canada-based CO 2 Solutions Inc.,

Oil-Sands 240