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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

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Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. The transportation sector accounted for 27% of total world delivered energy consumption in 2008, and transportation energy use increases by 1.4% Click to enlarge. per year from 2008 to 2035 in the reference case.

Oil-Sands 220
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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.,

Oil-Sands 225
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US State Department Issues Permit for Alberta Clipper Pipeline for Oil Sands Crude Delivery to US

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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 Alberta Clipper pipeline (red). Click to enlarge. Earlier post.). The RFA “They Said What?”

Oil-Sands 220
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Study finds plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to modest increases in refinery CO2 emissions

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An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.

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IEA says oil supplies may not keep up with demand

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Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.

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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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Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. Without the projected gains in efficiency, global energy demand could have risen by more than 100%.

Oil-Sands 309
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TransCanada to proceed with $12B, 1.1M barrel/day Energy East oil pipeline project to Eastern Canada

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million barrel per day (bbl/d) Energy East Pipeline project based on binding, long-term contracts received from producers and refiners. The Energy East Pipeline will have a capacity of approximately 1.1 Energy East Pipeline conceptual route map. TransCanada Corporation is moving forward with the 1.1 Click to enlarge.

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