Remove For Sale Remove Market Remove Oil Prices Remove Oil-Sands
article thumbnail

SDTC awards Nsolv $13M to commercialize warm solvent technology for heavy oil extraction; 80% reduction in GHG emissions

Green Car Congress

Sustainable Development Technology Canada (SDTC) is awarding Nsolv $13 million in grant funding to commercialize its field-tested, proprietary warm solvent technology for in situ heavy oil extraction without the use of steam. The oil is sent to refineries for further processing. Coke-forming asphaltenes are sequestered.

Oil 150
article thumbnail

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. An LCFS is a hybrid of a regulatory and market policy instrument. Treat all crude oils as part of the overall pool of transportation fuels.

Carbon 247