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S&P Global Commodity Insights raises 10-year production outlook for Canadian oil sands

Green Car Congress

Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. The new forecast, produced by the S&P Global Commodity Insights Oil Sands Dialogue , expects Canadian oil sands production to reach 3.7

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Supply Crunch Or Oil Glut: Investment Banks Can’t Agree

Green Car Congress

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S. shale output.

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Kinder Morgan, Imperial Oil to build Edmonton crude oil rail terminal; $270M investment

Green Car Congress

Kinder Morgan Energy Partners L.P.and Imperial Oil formed a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal. —Bill Henderson, vice-president for Kinder Morgan Canada Terminals. —Rich Kruger.

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U Calgary study finds oil shale most energy intensive upgraded fuel followed by in-situ-produced bitumen from oil sands

Green Car Congress

A team at the University of Calgary (Canada) has compared the energy intensities and lifecycle GHG emissions of unconventional oils (oil sands and oil shale) alongside shale gas, coal, lignite, wood and conventional oil and gas. Earlier post.).

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Shell to proceed with Quest carbon capture and storage (CCS) project in the oil sands

Green Car Congress

Shell will proceed with the first carbon capture and storage (CCS) project for an oil sands operation in Canada. billion Quest project will be built on behalf of the Athabasca Oil Sands Project joint venture owners (Shell, Chevron and Marathon Oil) and with support from the Governments of Canada and Alberta.

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Canada and Alberta to Invest C$865M in Athabasca Oil Sands Carbon Capture and Storage Project

Green Car Congress

The provincial government of Alberta and the federal government of Canada will invest C$865 million (US$822 million) in a large-scale Carbon Capture and Storage (CCS) project in the Athabasca oil sands. Tags: Canada Carbon Capture and Storage (CCS) Oil sands. The project will capture and store up to 1.2

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IMO sets 2020 date for ships to comply with low sulfur fuel oil requirement; 5000 ppm

Green Car Congress

The International Maritime Organization (IMO), the regulatory authority for international shipping, decided to implement a global sulfur cap of 0.50% m/m (mass/mass) (5,000 ppm) on fuel oil starting 1 January 2020 during its Marine Environment Protection Committee (MEPC), meeting for its 70 th session in London.

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