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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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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. billion cash. The price represents a premium of.

Oil-Sands 325
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Univ. of Calgary team developing nanocatalysts for underground upgrading of heavy oil and bitumen; possible “next generation” of oil sands production

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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.

Oil-Sands 358
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Canada oil sands producers form alliance to improve environmental performance

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Twelve of Canada’s oil sands producers have formed a new alliance, Canada’s Oil Sands Innovation Alliance (COSIA), focused on accelerating the pace of improving environmental performance in Canada’s oil sands through collaborative action and innovation. The released water is recovered and recycled.

Oil-Sands 252
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Researcher urges more effort on assessment of land and water impacts of oil sands production; reference point for other unconventional fuels

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Bitumen production from the Canadian oil sands 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.

Oil-Sands 231
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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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. —Miettinen et al. Earlier post.).

Oil-Sands 314
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Alberta’s IETP awarding $33M in allowances to 5 projects to reduce oil sands CO2 and water use, improve recovery

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Alberta’s Innovative Energy Technologies Program (IETP) is supporting 5 new pilot projects to reduce energy use, water use and CO 2 emissions in oil sands processing as well as improving the recovery of crude oil and bitumen in reserves that were once unrecoverable. Imperial Oil Ltd., Imperial Oil Ltd.

Oil-Sands 218
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Pitt engineers using membrane distillation to recycle water used in fracking and drilling

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Engineers at the University of Pittsburgh Swanson School of Engineering are using membrane distillation technology to enable drillers to filter and reuse the produced water in the oil and gas industry, in agriculture, and other beneficial uses. The team is back in the lab to find a fix. Desalination. doi: 10.1016/j.desal.2021.115513.

Water 303