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.
For the
oil - trading community, the fall of hedge fund manager Andy Hall signaled a
heavy blow, but while commodity funds continue to shutter their doors, some are finding other ways to make money, including trading
refining margins and calendar spreads.
Meanwhile the carbon footprint on conventional
oil — especially when shipped from farther afield and
refined from ever -
heavier crudes — is increasing.
Weeks later, a FirstEnergy Capital report still clung to the idea that ramped - up rail transportation, new
heavy -
oil refining capacity in the U.S. Midwest and the easing of the storage glut in Cushing, Okla., would keep this monster on a leash.
With much of the world's accessible, light crude of this sort now exhausted, more and more of the
oil we consume comes from
heavy grades (the so - called bitumen derived from oilsands being among the
heaviest) that require more
refining and therefore entail higher emissions and other undesirable byproducts.
But Alberta
heavy oil is sometimes fetching as little as half the world price due to the competition from U.S. - produced shale
oil and a shortage of pipelines to get the crude to the coasts and other
refining markets.
It adds that «approval or denial of the proposed project is unlikely to have a substantial impact on the rate of development in the
oil sands, or on the amount of
heavy crude
oil refined in the Gulf Coast area.»
The refinery will feature state - of - the - art design, specifically for processing Alberta
oil sands
heavy crude
oil, and engineered to be the cleanest upgrading and
refining site in the world.
Section 2 (1) of Bill 12 refers to
refined products which (oddly) do not fall under the primary production from natural resources, which are defined so as to include crude
oil and natural gas but, «not a product resulting from
refining crude
oil,
refining upgraded
heavy crude
oil,
refining gases or liquids derived from coal or
refining a synthetic equivalent of crude
oil.»
«As we expand our
heavy oil production, we will look for opportunities downstream,» Peabody said of potentially buying more
refining capacity.
BEIJING (AP)-- PetroChina Ltd., China's biggest
oil producer, says its profit rose 12.4 percent last year after higher retail gasoline prices helped to narrow
heavy losses for its
refining unit.
These excluded products consisted of «manufactured products» (inapplicable in the present context) and products «resulting from
refining crude
oil,
refining upgraded
heavy crude
oil,
refining gases or liquids derived from coal or
refining a synthetic equivalent of crude
oil».
There are a million foods out there that are bad for us: trans fats, hydrogenated
oil,
refined sugar, bleached flour, artificial food colorings, artificial food flavorings, hormone - filled
heavy cream / butter, corn - fed cows locked in crates, chickens that are 5x the weight they are supposed to be so that McDonalds can survive (grrr, why can't they go under?!)
Black beans 1/2 pound (about 1 1/4 cups) dried black beans, rinsed and checked for debris 4 - 6 cloves of garlic, peeled and smashed 1 medium yellow onion, peeled and cut in half 1 - 2 spicy peppers, split and seeded 1/2 lime (make sure you check for seeds) 1 tablespoon
refined coconut
oil Filtered water A few
heavy pinches of sea salt
The only thing that can't be produced from natural gas is asphalt, which is the
heavy residue left at the end of the crude -
oil refining process.
My favorite bulletproof coffee is any Keurig K - cup of coffee I happen to have in the house paired with my Land O Lakes salted butter, some
refined coconut
oil (I don't measure, just grab a soup spoon out of the drawer and plop it into the blender) a splash of
heavy whipping cream (high fat and VERY low carb) along with a little salted caramel or butterscotch sugar free syrup.
Of course, it is always advised by experts to use extra virgin olive
oil because it doesn't go through
heavy chemical processes like
refined olive
oil.
The
oil - burning engine is
refined and quiet most of the time, only reaching high volumes under
heavy acceleration and at cold start - up.
The
Refining Solutions segment consist of the
heavy oil upgrading and clean fuels technologies businesses delivering a portfolio of catalyst solutions that apply to the entire refinery process.
Based on information and analysis about the North American crude transport infrastructure (particularly the proven ability of rail to transport substantial quantities of crude
oil profitably under current market conditions, and to add capacity relatively rapidly) and the global crude
oil market, the draft Supplemental EIS concludes that approval or denial of the proposed Project is unlikely to have a substantial impact on the rate of development in the
oil sands, or on the amount of
heavy crude
oil refined in the Gulf Coast area.
By the mid-2020s, the United States become the world's largest liquefied natural gas (LNG) exporter and a few years later a net exporter of
oil — still a major importer of
heavier crudes that suit the configuration of its refineries, but a larger exporter of light crude and
refined products.
Finally, over 95 percent of their production of petcoke — a dirty coal substitute that is a byproduct of
refining heavy oil [3]-- is exported.
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».
According to the technical analysis published by the Institute of Transportation Studies at UC Davis in 2007 for the California Low Carbon Fuel Standard, estimates of full lifecycle GHG for
refined product produced from
oil sands /
heavy oil range 29.4 gCeq / MJ on the low end to 35.9 gCeq / MJ on the high end.
The oft - repeated «Canada has only one market» rhetoric ignores the fact that
oil is a globally priced commodity, that the US Gulf Coast has the world's largest concentration of coking refineries able to optimally
refine Canadian
heavy oil, and that there is likely a price discount, not a premium, from exporting to Asia, given transportation costs.
Levant also said that «if they [Liberals] believe global warming is an issue, then oilsands
oil is superior to other sources of
oil, such as California or Venezuela, which both have
heavy oil that requires a lot of energy to
refine.»
A postscript to our post explaining that the crude
oil the Keystone XL pipeline would deliver is comparable to other heavy crudes already being refined in the U.S.: Oil sands crude would replace other heavy oils — most significantly, crude currently imported from Venezue
oil the Keystone XL pipeline would deliver is comparable to other
heavy crudes already being
refined in the U.S.:
Oil sands crude would replace other heavy oils — most significantly, crude currently imported from Venezue
Oil sands crude would replace other
heavy oils — most significantly, crude currently imported from Venezuela.
Coal was cheap, but during the 1960s, coal prices were rising and
oil prices were a bargain, particularly the
heavy residual
oil at the bottom of the crude
oil refining process.
Catalytic hydrotreating: A
refining process for treating petroleum fractions from atmospheric or vacuum distillation units (e.g., naphthas, middle distillates, reformer feeds, residual fuel
oil, and
heavy gas
oil) and other petroleum (e.g., cat cracked naphtha, coker naphtha, gas
oil, etc.) in the presence of catalysts and substantial quantities of hydrogen.
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.
Much of the fuel
refined from the pipeline's
heavy crude
oil will never reach U.S. drivers» tanks.