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Statoil postponing Corner oil sands project for minimum of 3 years; rising costs, limited pipeline access

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Statoil will postpone the previously planned Corner field development at the Kai Kos Dehseh (KKD) oil sands project in Alberta, Canada, for a minimum of three years, due in part to rising labor and materials costs and market access issues including limited pipeline access. —Statoil Canada country manager Ståle Tungesvik.

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Shell launches commercial operation of Quest carbon capture and storage in Alberta oil sands

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Shell marked the official opening of the Quest carbon capture and storage (CCS) project in Alberta, Canada, and the start of commercial operations there. Te Storage zone is a formation called Basal Cambrian Sands (BCS). The CO 2 is a byproduct of the production of hydrogen, which is used to upgrade the bitumen.

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CO2 Solutions’ enzymatic carbon capture technology performance exceeds targets in oil sands project

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an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. However, the cost of conventional CCS technologies is prohibitive to broad commercial deployment. Canada-based CO 2 Solutions Inc.,

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Consortium completes successful test of new oil sands recovery process using electromagnetic heating technology

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A technology and energy production consortium has successfully completed initial proof-of-concept testing of a novel oil sands extraction method that has the potential to improve environmental performance and reduce development costs. The consortium of Laricina Energy, Nexen Inc., Approximately 1.6

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MEG Energy moving ahead with 35,000 barrels per day oil sands expansion; $1.4B estimated total cost

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Canada-based MEG Energy’s board of directors has approved 2011 capital investment of approximately $900 million and the final cost estimate for the 35,000 barrels per day Phase 2B oil sands expansion at the Christina Lake in-situ project. billion cost estimate for the 35,000 barrels per day Phase. Phase 2B is an.

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Algae harvesting company OriginOil’s second CLEAN-FRAC licensing agreement targets Canadian oil sands market; urban algae demo project in Paris

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the developer of a process for harvesting algae and cleaning up oil & gas water, announced that its second original equipment manufacturer’s (OEM) agreement will target oil service companies in the Canadian oil sands market. LH was an early private investor in Athabasca Oil Corporation. OriginOil, Inc.,

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Sustainable Development Canada Awards C$6M to Project to Reduce Water and Energy Consumption for Oil Sands Processing; Three Other Projects Supported to Reduce Energy and Environmental Impact of Oil Sands

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million) to the Petroleum Technology Research Centre ( PTRC ) in Regina, Saskatchewan and StatoilHydro Canada for a project to reduce water use and carbon dioxide (CO 2 ) emissions for in situ oil sands recovery by steam-assisted gravity drainage (SAGD). Water use and CO 2 emissions are major challenges for the oil sand industry.

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