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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

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Enbridge to develop two pipelines for total of $3B in Canadian oil sands

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Enbridge is developing two pipelines in the Canadian oil sands area for a combined investment of about $3 billion. billion, depending on scope, to meet the needs of multiple producers in the Athabasca oil sands region. was selected by the Fort Hills partners (Suncor Energy Inc., The second is a new $1.6-billion

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Details on how Enbridge will expand capacity of Alberta Clipper oil sands crude pipeline without US review

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The US State Department, which bears the responsibility for approving cross-border energy projects, said that Enbridge can indeed proceed with its plan under authority granted by previously issued permits. million barrels per day of crude oil and liquids. million barrels per day of crude oil and liquids. miles (2.4

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ACL to begin transporting Canadian crude by inland barge to Gulf Coast for oil sands company MEG Energy

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American Commercial Lines (ACL) will begin transporting crude oil by barge on the US inland waterways for MEG Energy (US) Inc. MEG Energy), a subsidiary of the Canadian oil sands company MEG Energy Corp. MEG Energy is a Canadian oil sands company focused on in situ development and production.

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Enbridge to build $1.3B Woodland Pipeline Extension to support Kearl oil sands project; 400kbpd initially

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The project will extend the Woodland Pipeline south from Enbridge’s Cheecham Terminal to its Edmonton Terminal to connect up with refineries and export pipelines in the Edmonton area. The Woodland Pipeline Extension is being constructed to serve the Imperial Oil and ExxonMobil Kearl oil sands project and its recently announced expansion.

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JAPEX delaying final investment decision for Hangingstone oil sands project

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JAPEX), will postpone making a final investment decision (FID) for the Hangingstone Oil Sands Expansion Project ( earlier post ) in Alberta Province, Canada, based on a longer-than-expected approval process with the Alberta authorities. Japan Petroleum Exploration Co., operations by more than 300%.

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Gibson Energy and USD Group begin operations at Hardisty Rail Terminal for oil sands crude; to double capacity with phase 2

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Gibson Energy Inc. The companies expect that Phase 2 will double the crude oil loading capacity at the Hardisty Rail Terminal from two (about 140,000 barrels) to four 120-railcar unit trains per day (about 280,000 barrels). Transporting Crude Oil by Rail in Canada , ?March Earlier post.)

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