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IHS Markit: US oil producers to halt 1.75 MMb/d per day of production; Canada to cut 0.5 MMb/d

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Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. However, nearly 1.4

Oil 186
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Utah Water Quality Board upholds issuance of permit for oil sands mine in Utah

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The Utah Water Quality Board, in a 9-2 vote this week, agreed with the August 2012 recommendations of an administrative law judge (ALJ) upholding a permit-by-rule issued by the Division of Water Quality (DWQ) for the proposed PR Spring an oil sands mine on state land in eastern Utah. Source: USOS, DWQ. Click to enlarge.

Oil-Sands 210
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Osum Oil Sands closes $500M private placement; new investors include government of Singapore

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Canada-based Osum Oil Sands Corp. billion barrels (net), ranking it third in the area next to Husky Energy and Shell Canada. Credit Suisse Securities (Canada), Inc., Scotia Waterous Inc. and Barclays Capital Canada Inc. Stikeman Elliot LLP acted as legal counsel to the KERN led shareholder group.

Oil-Sands 210
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Researchers propose using AC and ventilation systems for decentralized production of carbon-neutral synthetic fuels

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Researchers at the Karlsruhe Institute of Technology (KIT) and the University of Toronto have proposed a method enabling air conditioning and ventilation systems to produce synthetic fuels from CO 2 and water from the ambient air. The team presents this “crowd oil” concept in Nature Communications. —Professor Dittmeyer.

Carbon 236
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BC government won’t support Northern Gateway oilsands pipeline as presented over spill response concerns

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Northern Gateway’s West line, 36 inches in diameter, would transport an average of 525,000 barrels of oil sands crude per day to Kitimat. The provincial government has established, and maintains, strict conditions in order for British Columbia to consider the construction and operation of heavy-oil pipelines in the province.

Oil-Sands 199
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Canada seeking to strengthen oil tanker safety system

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Tankers and Canada. Each year, 80 million tonnes of oil are shipped off Canada’s East and West Coasts. On any given day, there are 180 vessels of more than 500 tonnes gross tonnage that operate within waters under Canadian jurisdiction (i.e. Oil tankers have been moving along Canada’s West Coast since the 1930s.

Canada 225
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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February, 2009 : Record heat waves in late January and early February overloaded urban energy, water, and transport systems in the southernmost states of South Australia and Victoria and intensified hundreds of seasonal and man-made bushfires throughout the countryside, killing 374 people. Canada’s 2009 GHG emissions are 48.7%

Climate 236