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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

Oil-Sands 325
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Fluid thermal processing of Mongolian oil sands

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A study by a team from the State Key Laboratory of Heavy Oil Processing, China University of Petroleum found that fluid thermal processing of. il sands is a feasible process for the production of an upgraded bitumen-derived liquid from Inner Mongolian oil sand. Oil sands exploration in Xing’an region.

Oil-Sands 218
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Ionic liquid-enhanced solvent extraction for oil sands bitumen shows high recovery rates, less water use and no tailing water

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Researchers from Tianjin University and the National Engineering Research Centre for Distillation Technology, Tianjin, China, report on the use of an ionic liquid (IL) with low viscosity to enhance bitumen recovery from oil sands by solvent extraction while reducing adverse impacts in the ACS journal Energy & Fuels.

Oil-Sands 170
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JAPEX to invest 65-70B in further oil sands development in Canada

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(JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oil sands projects, Chief Executive Osamu Watanabe told Dow Jones Newswires. China’s biggest offshore oil and gas producer, said it will buy Canadian oil-sands developer OPTI Canada Inc. Earlier Wednesday, CNOOC Ltd.,

Oil-Sands 186
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Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

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Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. In order to facilitate the oil sands joint venture, Devon will acquire 50% of BP’s interest in the Kirby oil sands leases. The Whiting upgrade is planned to come on-stream in 2012.

Oil-Sands 186
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Using Ozone-Generated Bubbles to Remove Oil Sheen and Contaminants from Water

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A University of Utah engineer has developed an inexpensive new method to remove oil sheen by repeatedly pressurizing and depressurizing ozone gas, creating microscopic bubbles that attack the oil so it can be removed by sand filters. Water from mining of oil sands and oil shale. Heavy metals in soil.

Ozone 199
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WRI: global oil consumption hits all-time high

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between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. About one third of this growth came from China, which now uses more than 10% of the world’s oil. After falling 1.5%

Oil 287