This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. billion cash. The price represents a premium of.
Average values for WTW GHG emissions for oilsands and other crudes, tight boundary. When the oilsands products refined in the United States are considered—a mixture of oilsands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US.
Well-to-wheel (WTW) greenhouse gas emissions for in situ SAGD and surface mining pathways generated employing GHOST/TIAX/ GHGenius combination and comparison with SAGD, mining and conventional crude oil literature pathways (all results are on a HHV basis). 74% of WTW emissions in our oilsands pathways. Click to enlarge.
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.). —Dr.
Credit: ACS, Brandt 2012. Brandt considers factors affecting energy consumption and GHG emissions from oilsands extraction, and then uses publicly available data to analyze the assumptions made in the LCA models to better understand the causes of variability in emissions estimates. —Brandt 2012. Click to enlarge.
Bitumen production from the Canadian oilsands provides a point of reference that could be used to observe and better manage the land and water impacts of a rapid transition to unconventional fuels, suggests Dr. Sarah Jordaan of the Energy Technology Innovation Policy Research Group, Department of Earth and Planetary Sciences, Harvard University.
Shell, as operator of the Athabasca OilSands Project (AOSP), announced the successful start of production of a 100,000 barrels per day expansion of its oilsands operations in Canada. — Marvin Odum, Shell Upstream Americas Director and President of Shell Oil Company.
The width of the pipeline network (green lines) is proportional to CO 2 flow; the largest CO 2 flow is approximately 36 MtCO 2 / yr for the $155/tCO 2 scenario (pipeline leaving the Athabasca oilsands area). The Alberta oilsands industry is expected to rapidly expand in coming decades; production could double or more in the next 10?15
A team of two researchers from Natural Resources Canada’s CanmetENERGY reports on a new process for solvent extraction of bitumen from mineable Athabasca oilsands (i.e., The Clark hot water extraction (CHWE) process has been applied in commercial bitumen extraction from the Athabasca oilsands for more than 40 years.
Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. of the 2012 global total. billion, representing a share of 24.5%
The Utah Water Quality Board, in a 9-2 vote this week, agreed with the August 2012 recommendations of an administrative law judge (ALJ) upholding a permit-by-rule issued by the Division of Water Quality (DWQ) for the proposed PR Spring an oilsands mine on state land in eastern Utah. USOS bitumen extraction process.
to proceed with its Narrows Lake oilsands project, with an ultimate gross production capacity of 130,000 barrels per day. SAP combines steam injection with solvents, such as butane, to help bring the oil to the surface. Cenovus also anticipates that SAP may increase total oil recovery by as much as 15%. Earlier post.).
GS Engineering & Construction (GS E&C) has selected GE to supply the produced water evaporation and zero liquid discharge (ZLD) system for the Blackgold OilSands project, located near Conklin, Alberta. Blackgold is owned and operated by a subsidiary of the Korean National Oil Corp. A subsidiary of the Korean National Oil Corp.
Canadian OilSands Trust, the largest stakeholder (36.74%) in the Syncrude oilsands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian OilSands’ President and CEO.
Demand for electricity will make natural gas the fastest growing major energy source and oil and natural gas are expected to meet 60% of energy needs over the next three decades. A total of 21 major oil and gas projects will begin production between 2012 and 2014. billion oil equivalent barrels.
a Canadian integrated oil company, reported an increase in third quarter crude oil production year-on-year of about 4% due to oilsands 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.,
Athabasca OilSands Corp. has exercised its option to divest its 40% interest in the MacKay River oilsands project to Cretaceous Oilsands Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited, for C$680 million (US$672 million) in cash. end of 2012. Earlier post.) properties.
Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oilsands leases in Alberta, Canada. In order to facilitate the oilsands joint venture, Devon will acquire 50% of BP’s interest in the Kirby oilsands leases. The Whiting upgrade is planned to come on-stream in 2012.
The proposed Keystone XL pipeline for transporting oilsands-derived crude to Gulf Coast refineries would have “ no material impact ” on US greenhouse gas (GHG) emissions, according to a new Insight report by IHS CERA. This indicates that oilsands can grow using rail; it is already happening. Earlier post.). Earlier post.).
Imperial Oil Limited’s board of directors approved the first phase of the Kearl oilsands project, a surface mining operation northeast of Fort McMurray, Alberta. Imperial Oil is one of Canada’s largest corporations and a leading member of the country’s petroleum industry. of the outstanding shares.
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oilsands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.
Williams plans to build a pipeline in Alberta, Canada, to transport natural gas liquids (NGL) and olefins from its extraction plant in Fort McMurray to its Redwater processing facility. The new 12-inch proposed pipeline will provide additional capacity for Suncor liquids, as well as natural gas liquids from other oil-sands producers’ off-gas.
In a new, comprehensive study, a team from Argonne National Laboratory, Stanford University and UC Davis ITS has estimated the well-to-wheels (WTW) GHG emissions of US production of gasoline and diesel sourced from Canadian oilsands. g CO 2 e/MJ for US conventional crude oil recovery. This range can be compared to ∼4.4
Exxon Mobil has started production at its Kearl oilsands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 Earlier post.).
When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. says the output of wells is up to 30% higher when they are blasted with more sand.
TransCanada Corporation will hold a binding open season to obtain firm commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets. In 2012, Canada imported more than 600,000 barrels per day to supply its Eastern refineries.
Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oilsands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.
The region includes a substantial portion of the Athabasca oilsands area, which contains approximately 82% of the province’s oilsands resource and much of the Cold Lake oilsands area. The government of Alberta, Canada has approved the Lower Athabasca Regional Plan (LARP). —LARP.
CN will start serving a new advanced frac sand terminal north of Grande Prairie, Alta., The new 20-acre facility being built by Di-Corp of Edmonton will have an annual throughput capacity of 550,000 tons of frac sand and have three tracks capable of holding 44 rail cars for unloading. to serve the frac sand market.
After a critical review of the literature on the air impacts of increased natural gas acquisition, processing, and use, a team of US researchers has determined that that actual measurement data on various individual segments of the natural gas life cycle are sparse or critically lacking. well production end-of-life.
World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Source: Maugeri 2012. Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6
The GREET team at Argonne National Laboratory has released a new release of the GREET fuel cycle model (GREET 1 2012 rev2) as well as a GREET (Beta) featuring a fully graphical toolbox to perform life cycle analysis simulations of alternative transportation fuels and vehicle technologies in a matter of a few clicks.
Based on the interim results of a new study, MIT researchers are warning smaller nations to proceed with caution in pursuing the development of their natural gas resources. The interim report analyzed the economics of natural gas project development options in Cyprus with a focus on exports. —Sergey Paltsev. Click to enlarge.
The PEIS describes and evaluates the potential environmental impacts of G&G survey activities in Federal waters of the Mid- and South Atlantic Outer Continental Shelf (OCS) and adjacent State waters for three program areas (oil and gas, renewable energy, and marine minerals) during the 2012-2020 time period. Savannah, Ga.;
Oil and gas services company Schlumberger defines artificial lift as any system that adds energy to the fluid column in a wellbore with the objective of initiating and improving production from the well. Artificial-lift systems use a range of operating principles, including rod pumping, gas lift and electric submersible pumps.
GreatPoint Energy and China Wanxiang Holdings have officially closed their investment and partnership agreement which was highlighted during an official signing ceremony between senior US and Chinese government officials in 2012. billion cubic meters) of annual natural gas output within two years. China Petroleum and Chemical Corp.
An innovative oil-upgrading technology that can increase the economics of unconventional petroleum resources has been developed under a US Department of Energy-funded project. In the case of oilsands bitumen, the API gravity is increased from 8 API to more than 20 API, eliminating the need for diluent for pipeline transportation.
Comparison of GHGenius, JACOBS, TIAX, and the new PRELIM gasoline greenhouse gas (GHG) estimates using base case estimates and variations from the scenario analysis. The configurations are differentiated by the presence of gasoil hydrocracking; fluid catalytic cracking (FCC); delayed coking; and residual hydrocracking.
CNOOC is 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. Among the prospects included in the deal are the Kakuna well, which is currently drilling, and the Angel Fire well, which is expected to spud in 2012.
Argonne National Laboratory (ANL) has released updates to its GREET 2 2012 Vehicle-Cycle model and GREET 1 2012 Fuel-Cycle model used in lifecycle analysis of transportation options. Alberta mix is defined and used for bitumen recovery and upgrading in oilsand operation.
Inter Pipeline is a major petroleum transportation, natural gas liquids extraction, and bulk liquid storage business based in Calgary. Inter Pipeline shipped nearly 30% of Canadian crude oil supply and about 40% of oilsands volumes in 2012.
A new US survey by the Pew Research Center, conducted 13-17 March among 1,501 adults, found broad public support for the Keystone XL pipeline project; regional, gender and partisan differences in views of fracking; and a slippage in the percentage of Americans who say that global warming is a very serious problem, compared to October 2012.
Hydraulic fracturing (“fracking”) is a process in which large volumes of water, sand and chemicals are injected at high pressures to extract oil and natural gas from underground rock formations. During the past few years, the use of hydraulic fracturing has expanded across much of the country.
However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. —Bartis 2012. Earlier post.).
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content