Sentences with phrase «extract oil sands crude»

Of that, 25 megatonnes will come from new so - called «in situ» extraction methods that inject steam into underground wells to extract oil sands crude.

It is true that extracting oil sands crude increases world supply of oil — but also increases the ultimate world emissions of CO2.

Not exact matches

Canadian crude — extracted from Alberta's controversial oil sands patch — is the cheapest oil in the world.

Nathan says high prices have made it increasingly economically viable to extract more unconventional forms of oil, in particular the asphaltlike tar sands (also known as oil sand, or extremely heavy crude oil) plentiful in northern Alberta, Canada.

The Oil Sands segment includes mining, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oOil Sands segment includes mining, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas ooil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas ooil and vacuum gas oiloil.

Bitumen is the very crude oil extracted from Canada's enormous deposits of oil sands.

«It's bad for oil companies and the profit they were expecting from those projects, but from a climate perspective, it's tremendous,» said Danielle Droitsch, senior policy analyst at the Natural Resources Defense Council, one of many environmental groups that oppose extracting the heavy oil sands crude.

Vast amounts of water and energy are needed to strip - mine and drill Canada's tar sands deposits — a heavy black substance mixed with sand and clay — and turn the extracted bitumen into usable crude oil.

Extracting oil from tar sands is also much more complicated than pumping conventional crude oil out of the ground.

Environmentalists mistakenly think that blocking the Keystone pipeline will prevent crude oil, derived from Canada's oil sands, from being extracted and from being conveyed into the U.S. to be refined into gasoline, asphalt, and other products that are important to the transportation and manufacturing sectors.

This means that oil sands oil has overall (well to wheels) emissions some 17 % greater than for typical crude oil and most of these extra emissions are due to energy needed to extract bitumen from the ground.

The oil that would have flowed through the Keystone pipeline, extracted from a large sedimentary basin that includes the well - known oil sands of Alberta, has a higher carbon footprint than other, lighter crude.

In its report, EPA seemingly compliments the State Department for confirming that Canadian tar sands oil is carbon intensive when compared to other heavy crudes, due to increased emissions associated with extracting and refining it.

The gut - check issue for McKibben and his supporters — thousands of whom turned out for a mass demonstration in Washington, D.C., on Feb. 17 — is the Keystone XL pipeline, a 3,400 - mile pipe proposed by oil infrastructure company TransCanada that will allow crude oil extracted from the tar sands of Alberta, in southern Canada, to be refined on the Gulf of Mexico.

So long as the conventional crude oil price stays above 31.5 USD2006 / boe (excluding profits) it is profitable to extract oil sands.