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Alberta Innovates & NRCan awarding $26.2M to three oil sands clean tech projects; industry kicking in $43.3M

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Alberta Innovates has teamed up with Natural Resources (NRCan) and industry partners to take three clean oil sands technologies to commercial demonstration. This announcement is a result of NRCan’s Oil and Gas Clean Tech Program. Cenovus Energy will test an oil sands extraction technology using a solvent-driven process.

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Suncor Energy and partners proceeding with $13.5B Fort Hills oil sands project; 180 kb/d planned bitumen capacity

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Suncor Energy, together with joint venture co-owners Total E&P Canada Ltd. and Teck Resources Limited, is proceeding with the Fort Hills oil sands mining project, located 90 kilometers (56 miles) north of Fort McMurray. interest), Total E&P Canada (39.2% With best estimate contingent resources of approximately 3.3

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Suncor Energy Receives Conditional Regulatory Approval for Oil Sands Tailings Management Plan; Projected 30% Reduction in Volume

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Suncor Energy has received conditional approval for its oil sands fluid tailings management plan from Alberta’s Energy Resources Conservation Board ( ERCB ). Tailings are a mixture of fine clay, sands, water and residual bitumen produced through the oil sands extraction process, and are held in massive “ponds”.

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TransCanada to proceed with $12B, 1.1M barrel/day Energy East oil pipeline project to Eastern Canada

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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 oil sands area in Western Canada to Eastern Canadian refineries and export terminals. Energy East Pipeline conceptual route map.

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