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Canadian researchers have developed a large-scale economical method to extract hydrogen from oilsands (natural bitumen) and oil fields. The process can extract hydrogen from existing oilsands reservoirs, with huge existing supplies found in Canada and Venezuela.
Average values for WTW GHG emissions for oilsands and other crudes, tight boundary. When the oilsands products refined in the United States are considered—a mixture of oilsands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US.
GE’s wastewater evaporation technologies have been selected to improve wastewater recovery at an existing oilsands project near Fort McMurray in Alberta, Canada. In 2012, GE also is scheduled to open a new Heavy Oil Centre of Excellence in Calgary, further building on a strong commitment and presence in the province of Alberta.
Separation of bitumen from a Canadian oilsand sample using an ionic liquid. A team of researchers at Penn State has developed a new, more environmentally friendly method of separating bitumen from oilsands utilizing ionic liquids (IL). Oilsands represent approximately two-thirds of the world’s estimated oil reserves.
Enbridge is developing two pipelines in the Canadian oilsands area for a combined investment of about $3 billion. billion, depending on scope, to meet the needs of multiple producers in the Athabasca oilsands region. The first is a new industry diluent pipeline with associated capital of up to $1.4 Total E&P Canada Ltd.
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 oilsands production.
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.
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
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%
The Royal Society of Canada (RSC)—the country’s national academy of the arts, humanities and sciences—has released an expert panel report on the environmental and health impacts of the Canadian oilsands industry. Impacts on the regional water supply. Impacts of contaminants on downstream residents.
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.”.
Microbiologists from the University of Essex, UK are exploring the use of microbes to break down and remove toxic compounds from heavy crude and oilsands. However, the process of oil extraction and subsequent refining produces high concentrations of toxic byproducts. This water is contained in large settling or tailing ponds.
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 Oil Corporation. OriginOil, Inc.,
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 OilSupply”.
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.
JAPEX), will postpone making a final investment decision (FID) for the Hangingstone OilSands Expansion Project ( earlier post ) in Alberta Province, Canada, based on a longer-than-expected approval process with the Alberta authorities. Japan Petroleum Exploration Co., bitumen pipelines and power transmission (by other parties).
BP Canada Energy Trading Company; Canadian Natural Resources; Canadian OilSands Limited; Cenovus Energy Inc.; Imperial Oil Limited; Nexen Marketing Inc.; Thirteen companies have signed long-term contracts with Trans Mountain Pipeline ULC (Trans Mountain) operated by Kinder Morgan Canada Inc. Statoil Canada Ltd.;
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.
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oilsands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.
Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. Click to enlarge.
Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.
GS Engineering & Construction (GS E&C) has selected GE to supply the produced water evaporation and zero liquid discharge (ZLD) system for the Blackgold OilSands project, located near Conklin, Alberta. Blackgold is owned and operated by a subsidiary of the Korean National Oil Corp.
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 Oil is one of Canada’s largest corporations and a leading member of the country’s petroleum industry. of the outstanding shares.
The study also found that any absence of oilsands on the US Gulf Coast would most likely be replaced by imports of heavy crude oil from Venezuela, which has the same carbon footprint as oilsands crude. Even considering new capacity from rail, the balance between western Canadian supply and export capacity remains tight.
Canadian oilsands production is set to enter a period of slower annual production growth compared to previous years. IHS Markit expects average year-on-year supply additions to be below 100,000 barrels per day (b/d) in the coming decade. —Kevin Birn.
Oilsandssupply chain. A new report from the Council on Foreign Relations (CFR)— The Canadian OilSands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oilsands while still enabling robust development of the energy resource.
TransCanada Corporation will hold a binding open season to obtain firm commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets. In 2012, Canada imported more than 600,000 barrels per day to supply its Eastern refineries.
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.
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.
World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.
Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oilsands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.
A separate stream of high-pressure carbon dioxide, ready for sequestration or enhanced oil recovery, can be captured at a lower cost due to the higher operating pressures relative to conventional gasification technologies. Oilsands operators use Steam Methane Reforming (SMR) to produce hydrogen from natural gas.
Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.
Exxon Mobil has started production at its Kearl oilsands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 Earlier post.).
Since forming in 2013, Argent Materials, a San Francisco Bay Area recycler of concrete and asphalt, and supplier of aggregate such as crushed rock, entry, cutback, sand, backfill and base rock for construction projects, has diverted more than a billion pounds of waste from local landfills.
Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oilsands using different production processes relative to gasoline produced from reference crudes. The proposed Project is not likely to impact the amount of crude oil produced from the oilsands. Click to enlarge.
It will allow Canadian producers direct access to world markets for exporting Canadian oil via the world’s largest crude carrying vessels. —Paul Browning, President and CEO, Irving Oil.
Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.
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.
The report was developed based on the assumptions that: Energy consumption will continue to grow and in particular, liquid fossil fuels will remain a significant part of the US energy supply for the next quarter century and more. In the case of residual oil, there is also relatively strong potential for near term economic impacts.
The conclusion of the successful open season confirmed strong market support for a pipeline with approximately 900,000 bbl/d of firm, long-term contracts to transport crude oil from the oilsands area in Western Canada to Eastern Canadian refineries and export terminals.
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.
The study was commissioned by the European Oilseed Alliance (EOA), the European Biodiesel Board (EBB) and the European Vegetable Oil and Proteinmeal Industry (FEDIOL). Even for conventional oil production fields, because larger existing fields get depleted, the extraction efforts increase while smaller fields are taken in operation.
China will see the largest increase—more than 4 million oil-equivalent barrels per day. Global liquids supply by type. The outlook projects that oil and natural gas will continue to meet about 60% of energy needs by 2040. The outlook projects that oil and natural gas will continue to meet about 60% of energy needs by 2040.
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