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ExxonMobil brings Kearl oil sands expansion online ahead of schedule; overall capacity doubling to 220K barrels per day

Green Car Congress

Exxon Mobil has started production at its Kearl oil sands 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.).

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Williams to process offgas in Canada’s oil sands; nearly 15,000 bpd of new NGL/olefins production by 2018; producer GHG reductions

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Williams has signed a new long-term gas processing agreement with a Canadian oil sands producer. Williams will extract, transport, fractionate, own and market the natural gas liquids (NGLs) and olefins recovered from the offgas at the producer’s upgrader near Fort McMurray, Alberta.

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EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

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Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. Click to enlarge.

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

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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. Accessing new and existing markets is critical for our continued growth and responsible development of Canada’s oil sands.

Oil 231
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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

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Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

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billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. billion cubic meters) of annual natural gas output within two years. China Petroleum and Chemical Corp.

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New petroleum refining lifecycle model finds the variability in GHG emissions from refining different crudes as significant as magnitude expected in upstream operations

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Comparison of GHGenius, JACOBS, TIAX, and the new PRELIM gasoline greenhouse gas (GHG) estimates using base case estimates and variations from the scenario analysis. Between 2008 and 2015, it is estimated that more than $15 billion will be spent to add processing capacity specifically for heavy crude blends in US refineries.

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