Green Car Congress
JULY 17, 2011
A study by a team from the State Key Laboratory of Heavy Oil Processing, China University of Petroleum found that fluid thermal processing of. il sands is a feasible process for the production of an upgraded bitumen-derived liquid from Inner Mongolian oil sand. Oil sands exploration in Xing’an region.
Green Car Congress
SEPTEMBER 27, 2014
Statoil will postpone the previously planned Corner field development at the Kai Kos Dehseh (KKD) oil sands project in Alberta, Canada, for a minimum of three years, due in part to rising labor and materials costs and market access issues including limited pipeline access. —Statoil Canada country manager Ståle Tungesvik.
Green Car Congress
MAY 19, 2013
The Government of Canada is supporting a three-year project that will result in the construction of a $19-million, demonstration-scale facility in Alberta that will use algae to recycle industrial carbon dioxide emissions from an oil sands facility into commercial products such as biofuels. Click to enlarge.
Green Car Congress
NOVEMBER 23, 2010
Statoil has agreed to sell a 40% interest in its oil sands project in Alberta, Canada (Kai Kos Dehseh) to PTT Exploration and Production (PTTEP) of Thailand. Future development of the oil sands leases will proceed in a stepwise manner.
Green Car Congress
DECEMBER 19, 2010
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.
Green Car Congress
APRIL 12, 2010
ConocoPhillips has entered into definitive agreements with subsidiaries of China-based Sinopec International Petroleum Exploration and Production Company (SIPC) to sell its 9.03% interest in Syncrude for $4.65 The company anticipates 20% CAGR from 2007 to 2019 to almost 300 million barrels of oil equivalent.
Green Car Congress
MAY 14, 2010
Under the terms of the agreements to be executed at closing providing for the formation of the Joint Venture, Penn West will contribute the oil sands assets, valued at approximately C$1.8 Headquartered in Beijing, CIC was founded in September 2007, as a wholly state-owned company incorporated in accordance with China’s Company Law.
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