Sentences with phrase «heavy oil barrels»

«Hard information has been difficult to come by from either the pipeline's operator, TransCanada, or U.S. regulatory agencies, as to when the pipeline might return to full pressure and help to alleviate a backlog of heavy oil barrels that has been accumulating in Alberta against a rising tide of production.

Not exact matches

With the ability to refine and upgrade crude in Canada and 75,000 barrels per day of committed capacity on the existing Keystone pipeline, Husky says it can grow its heavy oil production without exposure to the WCS - WTI discounts until at least 2021.
CEO Rob Peabody said Husky cut back heavy oil production by about 5,000 barrels per day in the first quarter and substituted mainly blended bitumen bought from other Alberta oilsands companies to send to its U.S. refineries in Ohio and Wisconsin or to the refining complex on the U.S. Gulf Coast.
On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to an average of about 315,000 boe / d, with exit production of about 335,000 boe / d, to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.
Between June 2012 and July 2013, the difference between the landed costs of Saudi Light oil into the U.S. and the price of light oil at Edmonton was $ 18.48 per barrel, while the difference in costs between Mexican Maya landed in the U.S. and Western Canada Select heavy blend at Hardisty, AB, was $ 29.02 per barrel.
He estimated a US$ 10 improvement in the difference on Alberta's overall output of 3.2 million barrels per day of heavy oil would result in C$ 50 million a day spilling back into the provincial economy.
Planned investments in loading terminals in Alberta and anticipated deliveries of specially designed tank cars could see an incremental 425,000 barrels per day of heavy oil railed to market by the end of 2014, it said in a report.
They have access to both surging light - tight oil production, which will be in demand as low - sulfur requirements tighten in shipping at the end of the decade, as well as captive (and cheaper) Canadian heavy barrels.
CALGARY — Canadian Natural Resources Ltd. says it choked back heavy oil production by about 17,000 barrels per day in the first quarter to avoid selling at low prices it...
(US$ / barrel) front month futures of Net Energy Canadian Heavy Crude Oil index, Chicago Mercantile Exchange (CME)
Since diluted bitumen is sold into heavy oil streams (usually at a small discount to heavy oil), you need to account for the fact that a barrel of bitumen is worth less than a barrel of heavy oil, because the added diluent is a higher value product.
CN Rail, for instance, was prepared in the fall of 2011 to increase shipments of bitumen, the heavy oil from Alberta's oilsands sector, from 10,000 barrels of bitumen per day to 200,000 barrels per day.
In this piece, which does not include the extra heavy oil classification, they find that the Eastern Venezuelan Orinoco Oil Belt contains 2.1 trillion barrels of natural bitumen, along with 2.3 trillion barrels of natural bitumen in the western Canadian sedimentary basoil classification, they find that the Eastern Venezuelan Orinoco Oil Belt contains 2.1 trillion barrels of natural bitumen, along with 2.3 trillion barrels of natural bitumen in the western Canadian sedimentary basOil Belt contains 2.1 trillion barrels of natural bitumen, along with 2.3 trillion barrels of natural bitumen in the western Canadian sedimentary basin.
If you did that, I guarantee you that you would not see a 22 % difference between Canadian natural bitumen and Venezuelan extra heavy oil, and you'd be adding a strong incentive to reduce emissions for 434 billion barrels of recoverable reserves of extra heavy oil.
The completed pipeline would move roughly 830,000 barrels a day of heavy crude oil to U.S. Gulf Coast refineries.
On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to about 335,000 boe / d to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.
Husky bought the 50,000 - barrels - per - day Superior Refinery last year for $ 435 million to process more of the company's heavy oil production.
Western Canada Select, the Canadian heavy oil benchmark's discount against the U.S. crude widened to US$ 17.40 per barrel, its highest level since the start of the month.
Genscape oil analyst Carl Evans said that, even with crude prices below $ 50 (U.S.) a barrel over the past two years, heavy bitumen production in Canada's oil sands region has continued to grow.
That would place further constraints on oil producers that have already faced steep discounts on their heavy crude as Canada's pipeline system nears capacity, forcing more barrels to move by rail.
Traditionally the industry has been a heavy user of fossil fuels, primarily oil, the price of which has fluctuated from under $ 15 a barrel 20 years ago to peaks of $ 90 to over $ 100 now, making fossil fuels such as bunker oil vastly more expensive.
More than 20,000 barrels of heavy Canadian crude oil gushed into the Kalamazoo River system after multiple small corrosion - fatigue cracks caused the rupture of Line 6B in July 2010, the largest onshore oil spill in U.S. history.
I bought unsalted, grassfed organic butter, unrefined coconut oil, cream cheese, organic large brown eggs, heavy whipping cream, and cheeses that had zero carbs (I like the Cracker Barrel white cheddar slices; high fat, zero carbs.
In 2013, Canadian heavy oil traded at a $ 40 per barrel discount at one point to West Texas Intermediate due to transportation problems in Alberta.
Around two tons of tar sand must be processed to produce one barrel of heavy bitumen - based crude oil.
Finally, Alberta is exporting well over a million barrels of heavy oil every day from these carbon - rich tar sands to the U.S..
News that Exxon was spared from contributing the 8 - cents - per - barrel fee to the clean - up fund added insult to injury this week as cleanup crews discovered oil - soaked ducks covered in «low - quality Wabasca Heavy Crude from Alberta.»
(Reuters)- Exxon Mobil on Sunday continued cleanup of a pipeline spill that spewed thousands of barrels of heavy Canadian crude in Arkansas as opponents of oil sands development latched on to the incident to attack plans to build the Keystone XL line.
The spill, estimated to be roughly 4,000 barrels (or 168,000 gallons), began after a tanker vessel carrying heavy fuel oil collided with a cargo ship in Galveston Bay, an estuary connected to the Gulf of Mexico.
2011 (August) National Program Standards Phase I (Heavy Duty) Sets Medium and Heavy Duty Vehicles fuel efficiency and tailpipe emissions standards estimated to reduce CO2 emissions by about 270 million metric tons and save about 530 million barrels of oil over the life of the vehicles built in model years 2014 - 2018.
Rubin tells us the heavy oil from the Tar Sands (or «oil sands» as the industry tries to say) costs more to refine, and gets less on the market — perhaps forty something a barrel, versus the 50 or 60 dollars a barrel we hear quoted as «the price of oil».
The report said an estimated 5,000 barrels — 210,000 gallons, or enough to fill about a third of an Olympic - sized swimming pool — of heavy crude oil poured from the ruptured pipeline.
It's known as the Keystone XL and it could pump millions more barrels of heavy crude from Alberta, Canada's oil sands mines to refineries along the U.S. Gulf Coast if the federal government greenlights it.
Upton's campaign website names him «a champion of the Keystone XL pipeline,» a project that could send 800,000 barrels of carbon - heavy crude oil from Alberta to refineries in Texas.
The Phase 2 heavy - duty program is projected to save 800,000 barrels of oil per day by 2040 and thereby reduce fleet operating costs, translating to consumers saving money on goods they purchase.
Heavy oil is bottom of the barrel stuff.
The Keystone XL pipeline is designed to move 830,000 barrels a day of oil sands from Canada to the U.S. Gulf Coast where many refineries are located that are configured to process heavy oil.
To put this in perspective, the Keystone XL pipeline would carry up to 830,000 barrels of heavy tar sands oil per day (303 million barrels / year), enough to supply the energy for over 38 million cars, or the equivalent of 1.8 QBtu annually.
Although the amount of convential oil will continue to decline, there are estimated 10 - 15 trillion barrels of oil equivalent in unconvential oil which include heavy and extra heavy crude oils and the oil shale and sand.
But in the wake of the Gulf of Mexico oil spill, Turkish officials are increasingly expressing concerns that the heavy traffic could lead to a similarly devastating accident on the continent - splitting Bosphorus Strait, which carries 1.85 million barrels of oil a day through a city of 15 million people.
1) It is true that Venezuelan heavy oil is almost equally carbon intensive as the oil sands product, but increased Alberta bitumen production will not cause a barrel - for - barrel drop in Venezuelan production, so it would not be appropriate to use Venezuelan carbon intensity in any incremental comparison, if that is what you are arguing for.
If built, the Trans Mountain expansion would triple the capacity of an existing pipeline network along a modified route, allowing oil companies to ship up to 890,000 barrels of bitumen, heavy oil from Alberta's oilsands sector, to a marine terminal in the Metro Vancouver City of Burnaby.
Worked in the warehouse picking product using a forklift, pallet jack Heavy lifting of oil barrels, performed other assigned duties.
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