article thumbnail

Utah Water Quality Board upholds issuance of permit for oil sands mine in Utah

Green Car Congress

The Utah Water Quality Board, in a 9-2 vote this week, agreed with the August 2012 recommendations of an administrative law judge (ALJ) upholding a permit-by-rule issued by the Division of Water Quality (DWQ) for the proposed PR Spring an oil sands mine on state land in eastern Utah. USOS bitumen extraction process. Source: USOS.

Oil-Sands 210
article thumbnail

ConocoPhillips to Sell Syncrude Oil Sands Stake to Sinopec for $4.65B

Green Car Congress

ConocoPhillips has entered into definitive agreements with subsidiaries of China-based Sinopec International Petroleum Exploration and Production Company (SIPC) to sell its 9.03% interest in Syncrude for $4.65 The company anticipates 20% CAGR from 2007 to 2019 to almost 300 million barrels of oil equivalent.

Oil-Sands 218
article thumbnail

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

Green Car Congress

Canada-based Osum Oil Sands Corp. has entered into definitive agreements with a group of investors to issue, on a private placement basis, $500 million in equity securities. billion barrels (net) of Best Estimate Contingent Resources through both acquisitions and additional geological and reservoir work in 2011.

Oil-Sands 210
article thumbnail

Tailings Technology Roadmap project releases nine development roadmaps for treatment of oil sands fine tailings

Green Car Congress

The report provides nine different Tailings Technology Deployment (TDD) Roadmaps to accelerate the implementation of oil sands tailings solutions in Alberta. After oil sands ore is excavated from the ground (surface mining operations, not in situ production), warm water is added to wash the bitumen off the. sand and clay.

Oil-Sands 199
article thumbnail

Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

Green Car Congress

KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

El Paso 225
article thumbnail

Study finds well-to-wheels GHG emissions of GTL diesel lower than that of petroleum diesel when co-product displacement is considered

Green Car Congress

The study also highlights the potential for blending GTL diesel in refineries with heavy crudes that require severe hydrotreating, such as Venezuelan heavy crude oil or bitumen derived from Canadian oil sands and/or in jurisdictions with tight aromatic specifications for diesel, such as California. GTL Lubricant Base Oils.

Diesel 290
article thumbnail

Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

In addition to a recent electric car deal with NISSAN Motors ( NSANY ), Portland General Electric, the Oregon state governor and GE have also announced a joint venture with Mitsubishi Motors ( MMTOF.PK ) to develop and sell the Miev electric car with 85 mile range by 2011. By 2011 look for a larger THINK Ox. We have oil!