article thumbnail

ABMI releases first report on biodiversity in Athabasca Oil Sands Area

Green Car Congress

The Alberta Biodiversity Monitoring Institute (ABMI) released the first comprehensive report on the status of Alberta’s species in the Athabasca Oil Sands Area (AOSA). It also contains the Athabasca oil sands deposit, which represents 77% of Canada’s proven oil reserves and supports a growing energy extraction sector. “

Oil-Sands 236
article thumbnail

Canada introduces new integrated plan for oil sands monitoring

Green Car Congress

Summary of the current oil sands developments (mining and in-situ) and associated land use. Canada’s Environment Minister Peter Kent released an integrated monitoring plan for the oil sands region. fail in its goal of generating the data necessary to provide assurance that the oil sands are.

Oil-Sands 199
article thumbnail

Thailand enters the Canadian oil sands; Statoil selling 40% interest to PTTEP for US$2.28B

Green Car Congress

Statoil has agreed to sell a 40% interest in its oil sands project in Alberta, Canada (Kai Kos Dehseh) to PTT Exploration and Production (PTTEP) of Thailand. Future development of the oil sands leases will proceed in a stepwise manner.

Oil-Sands 273
article thumbnail

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

Green Car Congress

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.

Oil-Sands 199
article thumbnail

ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

Green Car Congress

Tillerson said in a presentation at the New York Stock Exchange. Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels. A total of 21 major oil and gas projects will begin production between 2012 and 2014.

article thumbnail

BP Egypt announces significant gas discovery in deepwater Nile Delta

Green Car Congress

It is the first well in the North Damietta Offshore concession granted in February 2010 and operated by BP. The wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m (125 feet) net of Oligocene sands in Salamat. BP production and exploration in Egypt.

Egypt 199
article thumbnail

New petroleum refining lifecycle model finds the variability in GHG emissions from refining different crudes as significant as magnitude expected in upstream operations

Green Car Congress

PRELIM uses a more comprehensive range of crude oil quality and refinery configurations than used in earlier models and can quantify energy use and greenhouse gas (GHG) emissions with detail and transparency the better to inform policy analysis, the duo suggests. By 2010 this fraction had increased to 15%. Click to enlarge.

Oil-Sands 236