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Devon Energy obtains approval for third Jackfish oil sands project

Green Car Congress

US-based Devon Energy Corporation has received regulatory approval from the Alberta Energy Resources Conservation Board and Alberta Environment and Water to move forward with the company’s third oil sands project in Canada. Devon’s Jackfish projects are designed to utilize saline water rather than fresh water.

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Shell secures C$865M funding for Canadian CO2 storage project; >1M tonnes/yr from oil sands

Green Car Congress

The carbon capture process at the Scotford oil sands upgrader will capture about 35% of emissions. water vessels, the triethylene glycol dehydration unit, and. miles) underground into the deepest saline aquifer formation in Alberta (the Basal Cambrian Sands) beneath several layers of impermeable rock. Click to enlarge.

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Newalta awarded $60M contract to process Syncrude oil sands mature fine tailings

Green Car Congress

Newalta Corporation has signed a contract with Syncrude Canada Ltd. The contract is over a three-year period at Syncrude’s oil sands mine operations near Fort McMurray, Alberta. to process mature fine tailings (MFT) for a demonstration project.

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Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

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Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. The Whiting upgrade is planned to come on-stream in 2012.

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Osum Oil Sands closes $500M private placement; new investors include government of Singapore

Green Car Congress

Canada-based Osum Oil Sands Corp. Funding is expected to occur on or about 18 January 2012 subject to satisfaction of customary conditions. In anticipation of regulatory approval, the Company continues to advance its detailed and long-lead engineering with completion expected in 2012. Scotia Waterous Inc.

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Chevron announces successful test well at deepwater St. Malo in Gulf of Mexico

Green Car Congress

Chevron Corporation announced that it had conducted a successful production test on the St. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. Malo development is located approximately 280 miles (450 km) south of New Orleans, Louisiana, in 7,000 feet (2,134 m) of water.

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Cenovus increased oil sands production by 14% year-on-year in Q3; Wedge Wells for increased recovery and lower steam-to-oil ratio

Green Car Congress

a Canadian integrated oil company, reported an increase in third quarter crude oil production year-on-year of about 4% due to oil sands production that was 14% higher compared with the same period a year earlier. Conventional oil production slightly declined due to a combination of factors. Cenovus Energy Inc.,

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