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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets.

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TOYO Engineering signs multi-year oil sands deal

Green Car Congress

Japan-based TOYO Engineering Corporation, through its Canadian subsidiary TOYO Engineering Canada Ltd., TOYO will be performing the detailed engineering, procurement and the construction with completion targeted 2.5 The vision of TOYO Engineering Canada is to be an expert in the Alberta heavy oil and gas development.

Oil-Sands 210
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Governments of Canada & Québec award $76.5M to AE Côte-Nord Canada Bioenergy for renewable fuel oil from forest residues w/ Ensyn RTP

Green Car Congress

The Governments of Canada and Québec will provide $76.5 million in funding to AE Côte-Nord Canada Bioenergy Inc. for the production of renewable fuel oil (RFO) from forest residues. million gallons US) of renewable fuel oil per year. Production of renewable fuel oil is set to begin in 2017. million investment.

Canada 150
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Shell Canada and Caterpillar to explore LNG fueling options for oil sands mining trucks

Green Car Congress

Shell Canada and Caterpillar have signed an agreement to test a new dual fuel engine and fuel mix using liquefied natural gas (LNG) that could reduce operating costs and lead to reduced emissions from oil sands mining in northern Alberta.

Oil-Sands 230
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Coach Atlantic Maritime Bus testing battery-electric MCI D45 CRTe LE coach in Canada

Green Car Congress

Coach Atlantic Maritime Bus is the first to test MCI’s first all-electric coach—the MCI D45 CRTe LE CHARGE, designed for long-range express routes—in Canada. With battery-electric buses, engine oil and filter changes, emissions and transmission systems are eliminated, and there is less brake wear.

Canada 377
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ExxonMobil to proceed with $14B Hebron heavy oil project off Canada’s East Coast; more than 700B barrels of oil

Green Car Congress

Exxon Mobil Corporation will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase from earlier estimates. The platform is being designed for daily production of 150,000 barrels of oil.

Oil 356
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Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

Green Car Congress

Canada-based Carbon Engineering Ltd. (CE) The DAC plants are location-independent and can be co-located with an oilfield operation for enhanced oil recovery (EOR). CE has been developing DAC technology since 2009 and capturing CO 2 from the atmosphere at a pilot plant in Squamish, B.C. since 2015.

Chevron 351