The Alberta government could see to it that the energy producers refined the stuff
into synthetic crude oil on site but this is a high - cost, high - carbon asset already at some risk of becoming «stranded.»
Upgrading The process of heating, distillation, and hydrogenation that turns bitumen
into synthetic crude oil for refining.
Not exact matches
Pedro Pereira - Almao, a heavy -
oil researcher who left Hugo Chavez's Venezuela, has developed a catalyst that can «crack» complex bitumen molecules
into simpler
synthetic crude.
State owned Chinese energy companies are not pouring billions of dollars
into developing Alberta's
oil sands so more
synthetic crude or bitumen can be sent to refineries in Cushing Oklahoma.
Technology is the revolutionary process, which converts natural gas
into high quality full
synthetic base
oil, with fewer impurities than traditional base oils made from
crude oil.
It proposes to capture up to one - third of the emissions from a plant that transforms
oil sands bitumen
into synthetic crude.
Some tar sands producers use on - site upgrading facilities to turn the bitumen
into synthetic crude, which is similar to conventional
crude oil.
Energy economist Andrew Leach has looked at the economics of refining in Canada (here, here and here) and claims that producers can make more money by selling raw bitumen than they could by upgrading it to
synthetic crude oil or by refining it
into fuel products.