In the longer term, technologies on the horizon could potentially allow for significant reductions in emissions
from oil sands operations.
Shell Canada has started its commercial - scale Atmospheric Fines Drying field demonstration for managing tailings
from its oil sands operations.
Not exact matches
Suncor provides a good, diversified example of the sector — Suncor markets
oil sands products
from a variety of
operations, both mining and in situ
operations, and sells both diluted bitumen and synthetic products including diesel fuel.
The company also said
oil sands operations production has benefited
from reliable
operations at its Firebag and MacKay River plants, but base plant
operations dealt with a significant, weather - related outage in January that will cut first quarter output to roughly 400,000 bbls / d.
With
oil sands operations currently emitting roughly 70 Mt / year, the Alberta Climate Leadership Plan leaves «room» for emissions
from the
oil sands to grow by 30 Mt / year.
However, given that most of Young's statements have equated the
oil sands with the
oil sands mining
operations around Fort Mc Murray, it's worth noting that the mining (and upgrading) of bitumen contributed 32 Mt CO2 emissions to Canada's total in 2011, and that emissions
from mining
operations are expected to stay well below those of personal vehicles for some time.
The extraction and processing of a viscous
oil called «bitumen,» excavated
from vast formations of
sand just below the surface of Alberta's northern region, has come under fire because it requires more energy than many other
oil operations.
With Suncor is positioned nicely
from a reserve standpoint, with
operations in northern Alberta (which is second only to Saudi Arabia in production among
oil sands regions), its valuation should rise to be more in line with peers, especially as supermajors continue to battle it out for conventional reserves.
A recent article
from Shale Plays Media highlights that just a year ago
oil field fracking
operations used around 2,500 tons of
sand, whereas today the new fracking techniques call for as much as 8,000 tons of
sand to be pumped into a well.
Similarly, Canada has been aggressive in funding research like Mercier's and carbon capture research on
oil sands operations via national funds and a $ 2 billion money pot
from Alberta, said the analyst.
However, Alberta environment office show that «greenhouse gas» emissions
from oil sands plummeted 38 % between 1990 and 2009, and are now 5 % of Canada's total GHG emissions — and equal to or lower than CO2 / GHG emissions
from petroleum
operations in Nigeria, Iraq, Saudi Arabia and Venezuela.
Standardized values (Z scores) of (A) visible reflectance spectroscopy (VRS) chlorophyll a inferences
from the five lakes proximate to major
oil sands operations as indicators of lake primary production; (B) total PAH concentrations and (C) total DBT concentrations
from all six study sites.
We empower local communities to protect themselves
from reckless fracking
operations, and we partner with leading scientists, financial analysts, and First Nations to stop the expansion of dirty tar
sands oil development.
Sources of air contaminant emissions
from oil sands developments include industrial smokestacks, tailings ponds, transportation, and dust
from mining
operations.
That's because although a high
oil price of $ 50 - $ 70 is necessary to justify investing billions into a new
oil sands project, the variable costs of getting a barrel of
oil from existing
operations are much lower (as low as $ 10 for steamed
oil and low $ 20s for mined
oil).
The Quest Carbon Capture and Storage project would be the first major effort to capture and store greenhouse gas emissions
from Canada's energy - intensive
oil sands operations.
Heavy metal pollution is a growing concern for communities located near
oil sands operations and downstream
from development - causing health problems for people and wildlife.
A time - lapsed map released today by the World Resources Institute using satellite imagery
from Global Forest Watch shows how much forest is being lost in Northern Alberta to make way for major industrial
operations, mainly to extract
oil from the tar
sands, also referred to as the oilsands.
** By the way, a small research company has recently demonstrated a new technology to effectively remove 98.8 % of the tar /
oil from tailling ponds while supply clean hot water for adjacent tar
sand operations.
Smaller,
oil sands - only players such as MEG Energy are more vulnerable during a downturn because they don't have the cash cushion of larger companies and don't have refining
operations to offset lost revenue
from oil and gas sales.
For example, Alberta's energy regulator told many
oil sands operators in July that they can't divert water
from the Athabasca, Peace and Wabasca rivers for use in their
operations.
A few years back I wrote about plans for the Murphy
Oil Refinery in northeastern Wisconsin to expand operations 700 %, to take advantage of tar sands oil piped in from Cana
Oil Refinery in northeastern Wisconsin to expand
operations 700 %, to take advantage of tar
sands oil piped in from Cana
oil piped in
from Canada.
Also last month, insurer Axa said it's pulling $ 2.8 billion
from coal interests, nixing investment in
oil sands operations and ceasing to insure these projects.
Examples include a dispute between joint venturers over the
operation of a gold mine, a dispute charging an
oil and gas lessee with failure to prevent drainage
from an
oil and gas lease, litigation over water rights, a dispute over title to
sand and gravel and a claim for trespass by the surface owner against the operator of a
sand and gravel mine.