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Athabasca Oil Corporation green-lights $536M Hangingstone SAGD oil sands project

Green Car Congress

The Board of Directors of Canada-based Athabasca Oil Corporation has given the go-ahead to the company’s $536-million Hangingstone 1 SAGD (steam-assisted gravity drainage) Project; the company also reaffirmed that its Light Oil Division is on track to meet its year-end production target of 10,000 to 11,000 barrels of oil.

Oil-Sands 199
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Neste Oil de-emphasizing microbial oil R&D for renewable diesel; seeking other uses for cellulosic biomass

Green Car Congress

Despite the decision to de-emphasize microbial oil, Neste Oil emphasized that cellulosic waste will continue to play an important role in its research strategy, adding that it remains committed to its goal of further extending its feedstock base and making greater use of waste and residues in this area in particular.

Oil 310
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Statoil and Research & Development Corporation invest in Arctic and harsh-environment R&D

Green Car Congress

Canada’s Research & Development Corporation (RDC) and Statoil Canada Ltd. announced a collaborative investment in three new research and development projects to improve Arctic and harsh-environment offshore oil and gas operations in Newfoundland and Labrador and around the world. The total value of the projects is $3.9 Rutter Inc.

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

Green Car Congress

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.

Oil-Sands 210
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Neste publishes updated info about crude palm oil suppliers; feedstock for renewable diesel

Green Car Congress

Neste has published updated information about all its crude palm oil suppliers on the company’s website. all companies, mills, and estates that supplied Neste with crude palm oil in 2016. All the crude palm oil the company has used has been fully traceable to the oil palm plantation level since 2007, and 100% certified since 2013.

Oil 150
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ConocoPhillips selling Clyden oilsands asset to Imperial Oil and ExxonMobil Canada for $720M

Green Car Congress

ConocoPhillips has entered into an agreement to sell its 100% interest in the Clyden oilsands leasehold to Imperial Oil and ExxonMobil Canada for approximately $720 million (C$751 million) before customary adjustments. Through 30 June 2013, the company has received $3.8 Through 30 June 2013, the company has received $3.8

Canada 207
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Neste Oil to recover CO2 at its renewable diesel refinery in Singapore

Green Car Congress

Neste Oil Singapore Pte Ltd and National Oxygen Pte Ltd (NOX), one of the one of the largest industrial gas manufacturers in Singapore, have signed an agreement to install a carbon dioxide recovery and liquefaction plant at Neste Oil’s renewable diesel (NExBTL) refinery in Singapore.

Singapore 218