Remove Mexico Remove Oil-Sands Remove Water
article thumbnail

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

Green Car Congress

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.

Oil-Sands 325
article thumbnail

University of Alberta Researchers Find That Oil Sands Industry Is Releasing More Pollutants Into Athabasca River System Than Previously Estimated

Green Car Congress

Contrary to claims made by industry and government in the popular press, the oil sands industry substantially increases loadings of toxic PPE [priority pollutants] to the AR and its tributaries via air and water pathways. Kelly et al. The pollutants found include mercury, arsenic, lead and cadmium. David Schindler. 1008754107.

Oil-Sands 210
article thumbnail

CERA: Canadian Oil Sands Poised to Become the Top Source of Crude Imports to the US in 2010; Could Contribute Up To 36% of US Oil and Refined Products Imports by 2030

Green Car Congress

Growth of production of Canadian oil sands. The Canadian oil sands 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 Oil Sands Dialogue. The Role of Canadian Oil Sands in US Oil Supply”.

Oil-Sands 186
article thumbnail

UT Austin to lead $58M study of methane hydrate in Gulf of Mexico; $41M from DOE

Green Car Congress

A research team led by The University of Texas at Austin has been awarded approximately $58 million to analyze methane hydrate deposits under the Gulf of Mexico. Methane hydrate—natural gas trapped in an ice-like cage of water molecules—occurs in both terrestrial and marine environments.

Mexico 294
article thumbnail

Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

Green Car Congress

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 oil sands leases in Alberta, Canada. billion in cash. BP group chief executive Tony Hayward.

Oil-Sands 186
article thumbnail

Chevron announces successful test well at deepwater St. Malo in Gulf of Mexico

Green Car Congress

Malo PS003 well in the prolific Lower Tertiary trend in the deepwater Gulf of Mexico. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. Malo development is located approximately 280 miles (450 km) south of New Orleans, Louisiana, in 7,000 feet (2,134 m) of water.

Chevron 256
article thumbnail

McMoRan Exploration Co. Announces Major Discovery at Ultra-Deep Well In Shallow Water on the Shelf of the Gulf of Mexico

Green Car Congress

announced a major discovery on its Davy Jones ultra-deep prospect located in the Gulf of Mexico on South Marsh Island Block 230 in approximately 20 feet of water. The wireline log results indicated a total of 135 net feet of hydrocarbon bearing sands in four zones in the Wilcox section of the Eocene/Paleocene. Tex” Moncrief, Jr.

Mexico 199