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Cenovus receives approval for Grand Rapids oil sands project; capacity to reach 180,000 bbls/d

Green Car Congress

received approval from the Alberta Energy Regulator (AER) for its 100%-owned Grand Rapids thermal oil sands project. Once a decision is made to proceed with Grand Rapids, Cenovus will be able to rely on existing infrastructure, including roads, power and camps at its Pelican Lake conventional heavy oil operation.

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TransCanada and Phoenix Energy forming JV to develop $3B oil sands pipeline in Alberta

Green Car Congress

TransCanada and Phoenix will each own 50% of the proposed $3-billion pipeline project that includes both a crude oil and a diluent line to transport volumes approximately 500 kilometers (311 miles) between the oil sands producing area northwest of Fort McMurray and the Edmonton/Heartland region.

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Kinder Morgan increases proposed expansion of Trans Mountain oil sands pipeline to 890,000 bpd

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BP Canada Energy Trading Company; Canadian Natural Resources; Canadian Oil Sands Limited; Cenovus Energy Inc.; Imperial Oil Limited; Nexen Marketing Inc.; If approved, the project would be operational in 2017. and owned by Kinder Morgan Energy Partners, L.P.: Devon Canada Corporation; Husky Energy Marketing Inc.;

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Suncor Energy Receives Conditional Regulatory Approval for Oil Sands Tailings Management Plan; Projected 30% Reduction in Volume

Green Car Congress

Suncor Energy has received conditional approval for its oil sands fluid tailings management plan from Alberta’s Energy Resources Conservation Board ( ERCB ). Tailings are a mixture of fine clay, sands, water and residual bitumen produced through the oil sands extraction process, and are held in massive “ponds”.

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TransCanada launches binding open season for eastern oil pipeline; oil sands crude to Eastern Canada

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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. The Energy East Pipeline could eliminate Canada’s reliance on higher priced crude oil currently being imported, TransCanada suggests.

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Suncor targeting 1M barrels per day by 2020, some 80% from oil sands; new strategic alliance with Total

Green Car Congress

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.

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Statoil greenlights $7B Mariner heavy-oil project in UK North Sea

Green Car Congress

Statoil has made the investment decision to develop the Mariner heavy oil field development in the UK North Sea. Pending final approval of the field development plan by the UK authorities, Statoil expects to start production from Mariner in 2017. The heavy oil project will require pioneering technology in order to be developed.

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