Green Car Congress
JUNE 14, 2022
bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy, the other owner of the Sunrise project. In Canada, bp will no longer have interests in oil sands production and will shift its focus to future potential offshore growth. 650 water depth.
Green Car Congress
JUNE 5, 2011
Canadian oil sands & conventional production. Oil sands growth will drive Canadian crude oil production to about 4.7 The forecast sees oil sands production rising from 1.5 Canadian and US crude oil pipelines—all proposals. Growth Case: Western Canada oil sands & conventional production.
Green Car Congress
SEPTEMBER 13, 2011
will twin the southern section of its Athabasca Pipeline from the Kirby Lake, Alberta terminal to the Hardisty, Alberta crude oil hub at an estimated cost of approximately C$1.2 The line is expected to be capable of accepting initial volumes by early 2015, with its full initial capacity available by 2016. Click to enlarge.
Green Car Congress
APRIL 27, 2017
Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4
Green Car Congress
MAY 29, 2018
The 1,150-km (714-mile) Trans Mountain pipeline system (TMPL) is the only pipeline system in North America that transports both crude oil from the oil sands and refined products to the west coast. On 29 November 2016, the Government of Canada granted approval for the Trans Mountain Expansion Project. billion (US$3.46
Green Car Congress
JUNE 18, 2014
The project would be capable of carrying 525,000 barrels per day of oil sands crude from Edmonton, Alberta to Kitimat on the British Columbia coast and more than 190,000 barrels per day of condensate back from Kitimat to Edmonton. The JRP’s recommendation was subject to 209 conditions. —Al Monaco.
Green Car Congress
NOVEMBER 6, 2015
One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.
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