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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. Suncor also plans to divest its wind and solar assets.

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American Sands Energy announces successful operation of oil sand pilot facility in Utah

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American Sands Energy Corp., an oil sands exploration and development company operating in the state of Utah, announced the successful operation of its oil sand recovery pilot facility. This is a key differentiator between us and more traditional oil sand companies.

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U. Calgary analysis of energy balances and emissions of SAGD oil sands production finds need for improved processes; some operations not thermally efficient or net generators of energy

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Plot of cumulative steam-to-oil ratio (cSOR) vs. ratio of energy produced in form of chemical energy contained in bitumen if combusted to energy injected in form of steam (75% efficient steam generation). The data suggests that at the extreme, some operations are actually not net energy generating—i.e.,

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Cenovus oil sands production increases 14% in 2013; increasing its rail transport capability

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Cenovus Energy Inc. increased its oil sands production 14% in 2013, from 89,736 barrels per day in 2013 to 102,500 bbls/day in 2013. The increase in production from the company’s oil sands operations in 2013 was largely driven by its Christina Lake project. Total proved reserves reached almost 2.3

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Univ. of Calgary team developing nanocatalysts for underground upgrading of heavy oil and bitumen; possible “next generation” of oil sands production

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Researchers at the University of Calgary are developing ultra-dispersed (UD) nanocatalysts for the in situ upgrading of heavy oil and bitumen from deep reservoirs. One of the challenges of such an approach is the placement of the catalyst deep into the heavy oil plume by transporting a catalyst suspension through the sand medium.

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Canada Minister of Natural Resources emphasizes key role of oil sands in the country’s energy future

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Speaking at the at the University of Toronto’s Hart House Alumni Dinner Series, Canada Minister of Natural Resources, Joe Oliver, emphasized the pivotal role that Canada’s oil sands will continue to play in the country’s energy future.

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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. billion cash. The price represents a premium of.

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