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Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

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Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Proton Technologies is commercializing the process.

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Imperial Oil ups costs of Kearl oil sands initial development 18% to $12.9B

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Imperial Oil has raised the expected final cost for the Kearl oil sands initial development to $12.9 Kearl, jointly owned between Imperial Oil (operator) and ExxonMobil Canada, will be one of Canada’s largest open-pit mining operations with regulatory approval for up to 345,000 barrels a day of production.

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Enbridge to invest $6.2B in pipeline expansions for light oil from North Dakota and Canada

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billion program of pipeline expansions to carry an additional 400,000 barrels per day (bpd) of light oil from North Dakota and western Canada to refinery markets in Ontario, Quebec and the US Midwest. Estimated capital cost of this project is approximately $2.5 Initial capacity of 300,000 bpd at an estimated cost of $0.8

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Low oil prices hurting some US shale operations; slumping oil prices putting pressure on drillers

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The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks. 17, compared to the prior week.

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

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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. The total cost of the project is projected to be C$1.35 The project will capture and store up to 1.2 billion (US$1.28

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Government of Canada introduces legislation to strengthen rail safety and accountability; “polluter pays”

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Canada’s Minister of Transport, Lisa Raitt, introduced legislation in the House of Commons that will enhance railway safety and make the rail industry and crude oil shippers more accountable. The new Safe and Accountable Rail Act proposes amendments to the Canada Transportation Act and Railway Safety Act.

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US DOI finalizes plan for oil shale and oil sands research, demonstration and development

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Secretary of the Interior Ken Salazar last week announced the Department of the Interior’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and oil sands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).

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