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S&P Global Commodity Insights raises 10-year production outlook for Canadian oil sands

Green Car Congress

Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. Higher oil prices have driven record returns for the Canadian oil sands.

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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

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Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. In 2002, Suncor partnered with Enbridge to build one of the first renewable.

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Building materials recycler switches fleet to Neste renewable diesel

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Since forming in 2013, Argent Materials, a San Francisco Bay Area recycler of concrete and asphalt, and supplier of aggregate such as crushed rock, entry, cutback, sand, backfill and base rock for construction projects, has diverted more than a billion pounds of waste from local landfills. There’s no change in engine performance.

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Imperial to construct major renewable diesel complex at Strathcoma refinery in Alberta

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Imperial is moving forward with plans to construct a major renewable diesel complex at its Strathcona refinery near Edmonton, Alberta—the largest refinery in western Canada. This new complex is expected to produce more than 1 billion liters (260 million gallons US) per year of renewable diesel from locally sourced and grown feedstocks.

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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.).

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Alberta Premier proposes $3B for oil-sands environmental research

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During a campaign speech, Alberta Premier Alison Redford proposed a $3-billion government-funded research agency to support oil sands environmental research. Redford said she would revive the Alberta Oil Sands Technology and Research Authority (AOSTRA) as AOSTRA 2. Globe and Mail.

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Suncor targeting 1M barrels per day by 2020, some 80% from oil sands; new strategic alliance with Total

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Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Approximately 80% of that production will be from the oil sands. The agreement with Total is an important element of Suncor’s plans to more than double our oil sands production.

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