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Shell Starts Up Commercial-scale Field Demonstration of Atmospheric Fines Drying for Oil Sands Tailings Processing

Green Car Congress

Shell Canada has started its commercial-scale Atmospheric Fines Drying field demonstration for managing tailings from its oil sands operations. Tailings are a mixture of fine clay, sands, water and residual bitumen produced through extraction processes used with surface mining production (i.e., Source: Shell Canada.

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Shell secures C$865M funding for Canadian CO2 storage project; >1M tonnes/yr from oil sands

Green Car Congress

The carbon capture process at the Scotford oil sands upgrader will capture about 35% of emissions. miles) underground into the deepest saline aquifer formation in Alberta (the Basal Cambrian Sands) beneath several layers of impermeable rock. —John Abbott, Shell’s Executive Vice President of Heavy Oil. Earlier post.)

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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

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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”.

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Suncor targeting 1M barrels per day by 2020, some 80% from oil sands; new strategic alliance with Total

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Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Approximately 80% of that production will be from the oil sands. The agreement with Total is an important element of Suncor’s plans to more than double our oil sands production.

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MEG Energy moving ahead with 35,000 barrels per day oil sands expansion; $1.4B estimated total cost

Green Car Congress

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 oil sands expansion at the Christina Lake in-situ project. In June 2010, production from Phases 1 and 2 averaged approximately 26,400 bbls/d.

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Osum Oil Sands closes $500M private placement; new investors include government of Singapore

Green Car Congress

Canada-based Osum Oil Sands Corp. The SAGD (steam assisted gravity drainage) pilot project at Saleski began operations in December 2010. Osum’s Taiga project in the prolific Cold Lake region continues to advance towards commercialization. The financing was led by a combination of new and existing shareholders.

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Canada and Alberta to Invest C$865M in Athabasca Oil Sands Carbon Capture and Storage Project

Green Car Congress

The provincial government of Alberta and the federal government of Canada will invest C$865 million (US$822 million) in a large-scale Carbon Capture and Storage (CCS) project in the Athabasca oil sands. Two injection wells are in the test phase until early 2010. The project will capture and store up to 1.2 billion (US$1.28

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