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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. To this end, CO 2 Solutions is in advanced discussions with a major Canadian energy company to host this pilot installation.

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Carbon Capture at Totals Joslyn Oil Sands Project Not Likely Until Around 2020

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Total will not use carbon capture technology in the first phase of its Joslyn North Mine oil sands project, citing excessive cost. In 2009, the company suggested it was considering carbon capture and storage in its oil sands projects in Canada. In July, Total E&P Canada Ltd. Earlier post.).

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Suncor targeting 1M barrels per day by 2020, some 80% from oil sands; new strategic alliance with Total

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Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Approximately 80% of that production will be from the oil sands. The agreement with Total is an important element of Suncor’s plans to more than double our oil sands production.

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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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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.

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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ExxonMobil projects that meeting future energy demand will be supported by more efficient energy-saving practices and technologies; increased use of less-carbon-intensive fuels such as natural gas, nuclear and renewables; as well as the continued development of technology advances to develop new energy sources. —“Outlook for Energy”.

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Canada awards C$10M to N-Solv to demonstrate solvent-based in-situ bitumen extraction technology; targeting 85% reduction in GHG compared to SAGD with no consumption of process water

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to support the demonstration of its Bitumen Extraction Solvent Technology (BEST), a low-temperature, primary, in-situ technology to produce the bitumen in oil sands reserves using a pure, condensing solvent. Other members of the consortium are oil sands producer Suncor Energy Inc. Canada is awarding C$10M (US$10.5

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