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Alberta’s IETP awarding $33M in allowances to 5 projects to reduce oil sands CO2 and water use, improve recovery

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Alberta’s Innovative Energy Technologies Program (IETP) is supporting 5 new pilot projects to reduce energy use, water use and CO 2 emissions in oil sands processing as well as improving the recovery of crude oil and bitumen in reserves that were once unrecoverable. Imperial Oil Ltd., Imperial Oil Ltd. Description.

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New Study Concludes Substantial Quantities of Greenhouse Gas Emissions from Land-Use Change in the Boreal Forests for Oil Sands Production Are Unreported

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A new study released by Global Forest Watch Canada finds that significant amounts of greenhouse gases are emitted through the disturbance and/or removal of biocarbon (trees, shrubs, peats), which overlay Alberta’s oil sands. The bituminous sands industry reported emissions of 28.5 megatonnes of CO 2 eq in 2004, 35.8

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Encana challenges EPA draft Pavillion groundwater report

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Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation, says it strongly disagrees with the US Environmental Protection Agency’s (EPA) preliminary conclusions on fracking in its draft report related to the groundwater study in the Pavillion natural gas field of Wyoming. Earlier post.)

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BP announces significant resource extension of Mad Dog Field in deepwater Gulf Of Mexico; total hydrocarbons estimated at up to 4B barrels of oil equivalent

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Pending confirmation through future appraisal drilling, the total hydrocarbons initially in place in the Mad Dog field complex are now estimated to be up to four billion barrels of oil equivalent. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6% BHP Billiton has a 23.9%

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Argentina and Venezuela to cooperate in $2.2B 100,000 bpd extra-heavy oil joint venture in Orinoco Belt

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Argentina and Venezuela will form a joint venture targeting production of 100,000 barrels of extra-heavy oil per day in the Junin field area of the Orinoco Oil Belt. The US Geological Survey (USGS) characterizes extra-heavy oil as having an API gravity of less than 10°. billion project will also include a refinery. Source: EIA.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2%

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