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Oil sands production accounted for 28.8% of total Canadian gas demand in 2016

Green Car Congress

Alberta’s oil sands operations accounted for 28.8% From 2005 to 2016, natural gas purchased by oil sands projects more than tripled, from 0.73 Additionally, natural gas is used in oil sands mining to heat water to separate bitumen from sand. billion cubic feet per day (Bcf/d) to nearly 2.38

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MCW Energy Group: successful initial testing of extraction of up to 99.9% of hydrocarbon content from oil sands tailings pond samples

Green Car Congress

MCW Energy Group, a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announced successful results of processing random Alberta oil sands tailings ponds samples in a series of preliminary laboratory tests. Sale of hydrocarbons retrieved. of bitumen.

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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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Athabasca Oil Sands sells remainder of interest in MacKay River oil sands project to PetroChina for C$680M; PetroChina to be full owner of project

Green Car Congress

Athabasca Oil Sands Corp. has exercised its option to divest its 40% interest in the MacKay River oil sands project to Cretaceous Oilsands Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited, for C$680 million (US$672 million) in cash. As a result of the sale. Earlier post.)

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Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

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Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. In order to facilitate the oil sands joint venture, Devon will acquire 50% of BP’s interest in the Kirby oil sands leases. The Whiting upgrade is planned to come on-stream in 2012.

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

Green Car Congress

Hybrids are expected to account for about half of global new-car sales by 2040. This unprecedented improvement in global fuel economy is expected to reflect a surge in hybrid vehicle sales. China will see the largest increase—more than 4 million oil-equivalent barrels per day. Source: ExxonMobil. Click to enlarge.

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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. Naturally occurring water and non-condensable gases are also carried along and out of the reservoir.

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