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ACL to begin transporting Canadian crude by inland barge to Gulf Coast for oil sands company MEG Energy

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American Commercial Lines (ACL) will begin transporting crude oil by barge on the US inland waterways for MEG Energy (US) Inc. MEG Energy), a subsidiary of the Canadian oil sands company MEG Energy Corp. MEG Energy is a Canadian oil sands company focused on in situ development and production.

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EIA: nearly 69% of US crude oil imports in 2011 originated from 5 countries; Canada alone accounted for 25%

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The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration.

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Imperial Oil ups costs of Kearl oil sands initial development 18% to $12.9B

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Imperial Oil has raised the expected final cost for the Kearl oil sands initial development to $12.9 billion, up 18% from the 2011 figure of $10.9 The Kearl expansion project, sanctioned in 2011 for $8.9 This is up 10% from the prior estimate of $6.20

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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. Earlier post.).

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Neste Oil beginning commercial use of tall oil pitch as fuel feedstock

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Neste Oil is beginning the commercial use of tall oil pitch as a feedstock for refining into transportation fuel. Up until now, it has not been possible to use tall oil pitch, a residue produced by tall oil refiners ( earlier post ), as a commercial-scale feedstock for fuel refining purposes. Earlier post.).

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INEOS investing additional $1.4B in Grangemouth complex in next phase of GHG reductions; blue hydrogen

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Grangemouth, one of Scotland’s largest manufacturing sites, is owned and operated by INEOS and Petroineos, a joint venture formed between INEOS and PetroChina in 2011. INEOS FPS operates the Forties Pipeline System landing and processing approximately 40% of North Sea oil and gas production for onward domestic and international sales.

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EIA: rail, truck and barge crude oil deliveries to US refineries increasing

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While refinery receipts of crude oil by truck, rail, and barge remain a small percentage of total receipts, EIA’s recently released Refinery Capacity Report shows refineries across the nation received more than 1 million barrels per day (bbl/d) by rail, truck, and barge in 2012, a 57% increase from 2011. Click to enlarge.

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