Remove 2013 Remove Cost Remove Cost Of Remove Oil-Sands
article thumbnail

CO2 Solutions’ enzymatic carbon capture technology performance exceeds targets in oil sands project

Green Car Congress

an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. However, the cost of conventional CCS technologies is prohibitive to broad commercial deployment. Canada-based CO 2 Solutions Inc., Nathalie J.M.C.

Oil-Sands 240
article thumbnail

Enbridge to Expand Athabasca Oil Sands Pipeline Capacity

Green Car Congress

will undertake an expansion of its Athabasca Pipeline to accommodate recent shipping commitments by the Christina Lake oil sands project operated by Cenovus. The estimated cost of the project is approximately $185 million. The estimated cost of the project is approximately $185 million. Enbridge Inc.

Oil-Sands 210
article thumbnail

Enbridge to build $1.3B Woodland Pipeline Extension to support Kearl oil sands project; 400kbpd initially

Green Car Congress

The project has an estimated cost of $1.3 The Woodland Pipeline Extension is being constructed to serve the Imperial Oil and ExxonMobil Kearl oil sands project and its recently announced expansion. billion to service the increasing requirements of the Alberta oil sands producers.

Oil-Sands 210
article thumbnail

Lux Research: Cost of replacing a barrel of produced oil up 350% in 13 years

Green Car Congress

The cost associated with replacing a barrel of produced oil has risen from $6 per barrel in 1998 to $27 per barrel in 2011, according to Lux Research—an increase of 350%. Unconventional oil will be a key area of focus for producers. will be in the oil sands. Cost to replace each barrel of oil produced.

Oil 225
article thumbnail

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.

Oil-Sands 199
article thumbnail

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
article thumbnail

Enterprise and Enbridge to proceed with Seaway and Flanagan South oil pipeline extensions; enhanced capacity for Canadian and Bakken crude to Gulf Coast

Green Car Congress

The expansion of the reversed Seaway Pipeline will more than double its capacity to 850,000 barrels per day (bpd) by mid-2014 and transport oil originating in the Canadian oil sands and the US Bakken shale from Cushing, Oklahoma to the US Gulf Coast at Houston, with an extension to Port Arthur/Beaumont. Enbridge Inc.

Oil 275