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Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

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Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Proton Technologies is commercializing the process.

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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.

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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. —Miettinen et al. Earlier post.).

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CO2 Solutions’ enzymatic carbon capture technology performance exceeds targets in oil sands project

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an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. Emissions of dangerous by-products are zero. Canada-based CO 2 Solutions Inc., the conversion of carbon dioxyde to bicarbonate and protons.

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Williams to process offgas in Canada’s oil sands; nearly 15,000 bpd of new NGL/olefins production by 2018; producer GHG reductions

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Williams has signed a new long-term gas processing agreement with a Canadian oil sands producer. The other products will be sold into the established markets where Williams sells existing NGLs and olefins produced in Canada. The total capital expenditures expected for the project is CA$500 million to CA$600 million.

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Report finds diluted oil sands bitumen not more corrosive than comparable heavy crude in pipelines

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Transmitting oil sands production. Pipelines require a product with a density of 940 kg/m 3 and/or a viscosity of 350 cST at the pipeline reference temperature. This void of information has led to speculation about the corrosive nature of these products. —“Dibit Corrosivity”.

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Athabasca Oil Sands sells remainder of interest in MacKay River oil sands project to PetroChina for C$680M; PetroChina to be full owner of project

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Athabasca Oil Sands Corp. has exercised its option to divest its 40% interest in the MacKay River oil sands project to Cretaceous Oilsands Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited, for C$680 million (US$672 million) in cash. Earlier post.) Earlier post.).

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