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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.
bp has agreed to sell its 50% interest in the Sunrise oilsands project in Alberta, Canada, to Calgary-based Cenovus Energy, the other owner of the Sunrise project. In Canada, bp will no longer have interests in oilsands production and will shift its focus to future potential offshore growth.
Researchers at the University of Calgary are developing ultra-dispersed (UD) nanocatalysts for the in situ upgrading of heavy oil and bitumen from deep reservoirs. One of the challenges of such an approach is the placement of the catalyst deep into the heavy oil plume by transporting a catalyst suspension through the sand medium.
The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.).
Proposed oilsands monitoring by 2015. The Government of Canada and Government of Alberta unveiled “The Joint Canada-Alberta Implementation Plan for OilSands Monitoring” in a partnership to improve environmental monitoring in the oilsands region with a program that will sample more sites for more substances more frequently.
The US Bureau of Land Management (BLM) has published the Notice of Availability (NOA) of the Draft Programmatic Environmental Impact Statement (PEIS) and Possible Land Use Amendments for Allocation of Oil Shale and Tar Sands Resources on Lands Administered by the BLM in Colorado, Utah and Wyoming.
million barrels per day of crude oil and liquids. The Enbridge Mainline system is the largest conduit of oil into the United States. Enbridge transports 53% of US-bound Canadian production, a figure that accounts for approximately 15% of total US crude oil imports. Full design capacity for Line 67 is 880,000 bpd for heavy crude.
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.
The Alberta Biodiversity Monitoring Institute (ABMI) released the first comprehensive report on the status of Alberta’s species in the Athabasca OilSands Area (AOSA). It also contains the Athabasca oilsands deposit, which represents 77% of Canada’s proven oil reserves and supports a growing energy extraction sector. “
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.
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.
The Government of Canada and the Government of Alberta have signed a memorandum of understanding (MOU) that will lead to the development of new and improved oilsands technologies with reduced energy use and greenhouse gas emissions. —Canada Environment Minister Joe Oliver.
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 oilsands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).
Christian Paradis, Canada’s Minister of Industry, announced on Friday that the federal government is allowing two major acquisitions of oilsands companies by foreign state-owned enterprises (SOEs): the $15.1-billion That was never the purpose of the Investment Canada Act.In
In a paper published in the ACS journal Environmental Science & Technology , Stanford University assistant professor Adam Brandt reviews a number of recent life cycle assessment (LCA) studies calculating greenhouse gas (GHG) emissions from oilsands extraction, upgrading, and refining pathways—the results of which vary considerably.
Imperial Oil Limited’s board of directors has approved the expansion phase of the Kearl OilSands Project, a surface mining operation under construction northeast of Fort McMurray, Alberta. Imperial Oil’s share of the Kearl OilSands asset is 71%. billion (US$10.6 billion (US$8.7 per barrel.
Results from a new modeling assessment of contamination in the Athabasca OilSands Region (AOSR) suggest that officially reported emissions of polycyclic aromatic hydrocarbons (PAHs) in that region have been greatly underestimated. Average emissions densities from Shen et al. are represented by the dashed black line. Click to enlarge.
The width of the pipeline network (green lines) is proportional to CO 2 flow; the largest CO 2 flow is approximately 36 MtCO 2 / yr for the $155/tCO 2 scenario (pipeline leaving the Athabasca oilsands area). The Alberta oilsands industry is expected to rapidly expand in coming decades; production could double or more in the next 10?15
Canadian oilsands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19—the largest annual decline on record. The new forecast by the IHS Markit OilSands Dialogue , which takes into account the “COVID-19 shock,” projects Canadian oilsands production to reach 3.8
A new advisory committee will review and will make recommendations to the Alberta, Canada government on the current and future transportation needs of the Athabasca oilsands region.
However, the new forecast represents a slowing of futureoilsands production growth compared to the predictions of last year’s forecast. According to CAPP’s 2014 Crude Oil Forecast, Markets and Transportation , total Canadian crude oil production will increase to 6.4 CAPP forecast. Click to enlarge. In 2013, 1.9
Bitumen production from the Canadian oilsands provides a point of reference that could be used to observe and better manage the land and water impacts of a rapid transition to unconventional fuels, suggests Dr. Sarah Jordaan of the Energy Technology Innovation Policy Research Group, Department of Earth and Planetary Sciences, Harvard University.
The carbon intensity (CI) of Alberta oilsands production has significantly decreased over the last 40 years, according to a new study by a team from Stanford University published as an open access paper in the journal Environmental Research Letters. the Shell Quest project) could result in significant reductions in oilsands CI.
received approval from the Alberta Energy Regulator (AER) for its 100%-owned Grand Rapids thermal oilsands project. Once a decision is made to proceed with Grand Rapids, Cenovus will be able to rely on existing infrastructure, including roads, power and camps at its Pelican Lake conventional heavy oil operation.
Examples of emerging oilsands related technologies and trade-offs. The paper is an examination of how various choices about the scale of the life cycle analysis applied to oilsands (i.e., The source material is neither oil nor tar but bitumen, but is most generally described as an example of ultraheavy oil.”.
Suncor Energy is not proceeding with the Voyageur bitumen upgrader project in the Canadian oilsands. The oil market environment in the North America has changed significantly, Total notes. interest in the Fort Hills oilsands mining project operated by Suncor Energy. Total also owns a 39.2%
million) to examine environmental processes in Alberta’ oilsands which could help speed up the land reclamation process for Syncrude. Composite tailings are the byproduct of the surface mined oilsand extraction process. Researchers at McMaster have received nearly C$2.2 million (US 2.25
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 Government of Canada is supporting a three-year project that will result in the construction of a $19-million, demonstration-scale facility in Alberta that will use algae to recycle industrial carbon dioxide emissions from an oilsands facility into commercial products such as biofuels. Click to enlarge.
By the middle of this decade greenhouse gas (GHG) emissions from Canadian oilsands production should be in decline even as production continues to grow, according to a new comprehensive report by S&P Global Commodity Insights that takes into account current technology trends and production growth. —Kevin Birn.
Imperial Oil Limited has begun the initial development of the Kearl oilsands project ( earlier post ), which incorporates technology innovations to enhance environmental performance. Kearl will be the first oilsands mining operation that does not require an upgrader to make a saleable crude oil.
The Utah Water Quality Board, in a 9-2 vote this week, agreed with the August 2012 recommendations of an administrative law judge (ALJ) upholding a permit-by-rule issued by the Division of Water Quality (DWQ) for the proposed PR Spring an oilsands mine on state land in eastern Utah. USOS bitumen extraction process. Source: USOS.
to proceed with its Narrows Lake oilsands project, with an ultimate gross production capacity of 130,000 barrels per day. SAP combines steam injection with solvents, such as butane, to help bring the oil to the surface. Cenovus also anticipates that SAP may increase total oil recovery by as much as 15%. Earlier post.).
(JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oilsands projects, Chief Executive Osamu Watanabe told Dow Jones Newswires. China’s biggest offshore oil and gas producer, said it will buy Canadian oil-sands developer OPTI Canada Inc. Oilsands production using SAGD.
Canadian OilSands Trust, the largest stakeholder (36.74%) in the Syncrude oilsands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian OilSands’ President and CEO.
Shell Canada has started its commercial-scale Atmospheric Fines Drying field demonstration for managing tailings from its oilsands operations. Tailings are a mixture of fine clay, sands, water and residual bitumen produced through extraction processes used with surface mining production (i.e., Tags: Oilsands.
Under the terms of the agreements to be executed at closing providing for the formation of the Joint Venture, Penn West will contribute the oilsands assets, valued at approximately C$1.8 billion, and will retain a 55% partnership interest. A wholly-owned subsidiary of Penn West will serve as operator of the assets.
Growth of production of Canadian oilsands. The Canadian oilsands are now poised to become the number one source of US crude oil imports in 2010, according to new research from the IHS CERA Canadian OilSands Dialogue. The Role of Canadian OilSands in US Oil Supply”.
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. Future projects.
Canadian oilsands production has fully recovered from last year’s “COVID-19 Shock”—the largest contraction of upstream production in Canadian history—and has exceeded pre-pandemic levels. The latest forecast by the IHS Markit OilSands Dialogue expects Canadian oilsands production to reach 3.6
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).
A new study released by Global Forest Watch Canada finds that significant amounts of greenhouse gases are emitted through the disturbance and/or removal of biocarbon (trees, shrubs, peats), which overlay Alberta’s oilsands. These land-use change emissions have not previously been measured nor reported by governments and industry.
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. future growth. and to support future growth. This program is designed to.
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