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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. Higher oil prices have driven record returns for the Canadian oil sands.

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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

Green Car Congress

Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. In 2002, Suncor partnered with Enbridge to build one of the first renewable.

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Imperial to construct major renewable diesel complex at Strathcoma refinery in Alberta

Green Car Congress

Imperial is moving forward with plans to construct a major renewable diesel complex at its Strathcona refinery near Edmonton, Alberta—the largest refinery in western Canada. Renewable diesel production is anticipated to start in 2024. Strathcona refinery.

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Governments of Canada & Québec award $76.5M to AE Côte-Nord Canada Bioenergy for renewable fuel oil from forest residues w/ Ensyn RTP

Green Car Congress

The Governments of Canada and Québec will provide $76.5 million in funding to AE Côte-Nord Canada Bioenergy Inc. for the production of renewable fuel oil (RFO) from forest residues. million gallons US) of renewable fuel oil per year. Production of renewable fuel oil is set to begin in 2017.

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US State Department Issues Permit for Alberta Clipper Pipeline for Oil Sands Crude Delivery to US

Green Car Congress

The US State Department has issued a Presidential Permit to Enbridge Energy, Limited Partnership to enable construction of the Alberta Clipper pipeline for the transport of crude oil from the Canadian oil sands to US refineries. The 1,000-mile/1,607-km pipeline will run from Hardisty, Alberta, Canada, to Superior, Wisconsin.

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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. Canada-based Suncor Energy Inc., Approximately 80% of that production will be from the oil sands. Click to enlarge.

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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

Green Car Congress

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. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

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