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ExxonMobil brings Kearl oil sands expansion online ahead of schedule; overall capacity doubling to 220K barrels per day

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PFT technology processes bitumen on-site to remove water and solids and improve bitumen quality. The PFT process removes a portion of the heavy end of the barrel (asphaltenes) using less energy than would be required to remove the same heavy ends in a coker at an on-site upgrader, thus reducing greenhouse gas emissions.

Oil-Sands 150
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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. Its drive to increase overall gas production will also be based on a two-fold approach.

Oil 186
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State Department releases final environmental impact statement on Keystone XL Pipeline Project; analysis of GHG emissions

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The State Department will use the data in the FEIS along with additional input to determine whether the Keystone XL project is in the national interest. As part of the analysis, DOS commissioned a detailed study of greenhouse gas life-cycle emissions that compared Canadian oil sands crude with other selected reference crudes.

Oil-Sands 253
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Smith School lifecycle study highlights importance for algae-derived biodiesel of co-product utilization and optimizing and decarbonizing every step of the supply chain

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However, biodiesel from advanced biomass has an inherent environmental advantage of greenhouse gas (GHG) emissions reduction that can be realized once every step of the production chain is fully optimized and decarbonized, the researchers said. for conventional diesel from the United States. They noted that an EBR of 1.2

Oil-Sands 236
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Nigeria or Algeria cannot do the same for their oil industry. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. Europe lags behind China and the United States because its single market remains less integrated.

Carbon 207