Sentences with phrase «of oil sands crude»

The NAS study deals a blow to one central safety argument made by opponents of the $ 5.3 billion Keystone XL link — that the heavier chemical components of so - called diluted bitumen make it more dangerous to ship — but made no attempt to address critics» second and more prominent concern, that a leak of oil sands crude would pose unique challenges during cleanup as well as unique risks to marine environments.

Canada — in the broadest collective sense, in whatever way we are all one — is as fully dug in on the production of oil sands crude as it has been in any of its resource projects.

Calgary - based Suncor Energy, the No. 2 oil - sands producer in the world, announced that it has sold its billionth barrel of oil sands crude since it began operations in 1967.

«Until ongoing efforts to reduce greenhouse gas emissions associated with the production of oil sands are more successful and widespread, the Final SEIS makes clear that, compared to reference crudes, development of oil sands crude represents a significant increase in greenhouse gas emissions,» the EPA states in a letter made public Tuesday.

Not exact matches

Transporting sand, drilling pipe, and crude oil furnished only 4.5 % of UP's volumes at the peak in 2014.

That entity, which has a balance sheet of 4.5 billion euros ($ 5.3 billion), was severing links with coal, tar sands crude, and oil shale.

The U.S. can produce as much shale oil as it wants, but its Gulf Coast refineries are geared toward heavier kinds of crude that can easily process oil sand bitumen but aren't geared toward the lighter crude coming out of, say North Dakota's Bakken play.

While all this sounds reassuring, the State Department also writes elsewhere in the report that «a focused, peer - reviewed study of the potential corrosivity / erosivity of oil - sands derived crude oils relative to other crude oils has not yet been conducted.»

The Trans Mountain expansion almost triples the capacity of the existing pipeline, which is designed to carry crude from Canada's oil sands to the West Coast.

First, I want to look at how the changes not just in oil prices, but also changes in diluent costs, discounts for oil sands crude relative to light crude and, in particular, the fall of the Canadian dollar have changed the outlook for new oil sands projects — for those under construction, and for those currently operating.

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.»

Although the Keystone XL would transport a small amount of conventional crude oil from North Dakota, the bulk of its contents would be bitumen, a particularly thick oil from Canada's oil sands region.

Analysts at Canaccord Genuity said Monday the project's $ 5.3 - bilion northern leg «is no longer a necessity» for Canadian oil sands producers, thanks to the sudden rise of crude - carrying unit trains and rival pipeline schemes proposed by Enbridge Inc..

The report also counters warnings from environmentalists that the pipeline's construction would spur a huge increase in production from western Canada's tar sands, believed to be one of the biggest reserves of crude oil outside Saudi Arabia — unleashing torrents of greenhouse gases into the atmosphere.

Stay tuned for updates on this developing story of how Vancouver, the «greenest city in the world,» may quietly become the main tanker route for oil sands crude bound for China.

A quiet application to the National Energy Board (NEB) may soon vastly expand oil tanker traffic through the waters of Burrard Inlet, making Vancouver the major conduit of oils sands crude and bitumen to China.

Murphy has a 5 percent stake in Syncrude Canada Ltd, one of Canada's largest oil sands plants with the capacity to produce 350,000 barrels of synthetic crude oil per day.

But when the B.C. government announced this week plans to bar increases to diluted bitumen (oil sands crude) shipments while it launches a new panel study of spill research, the group Stand.earth advised Kinder Morgan investors to call their brokers because this will delay or permanently thwart the company's federally approved Trans Mountain pipeline expansion.

Furthermore, while the company does have another potentially significant growth opportunity on the horizon in its CA$ 20 billion ($ 15 billion) Frontier oil sands mining project, it appears to be a long shot of moving forward considering where crude is these days.

Recovering crude from the oil sands is a massively capital - intensive business and there aren't enough deep - pocketed Canadian companies capable of making the necessary investments.

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.

The price of Canada's oil sands crude, Western Canadian Select, trades at a discount to WTI.

SAGD involves removing bitumen (a thick form of crude oil) from the ground by injecting steam into an oil sands reservoir and pumping the oil and water mixture to the surface.

Earlier this year, for instance, Western Canadian Select, the benchmark price for bitumen from the oil sands, traded at nearly half the price of Brent crude.

Oil sands are sand and rock material which contains crude bitumen, a heavy, viscous form of crude oOil sands are sand and rock material which contains crude bitumen, a heavy, viscous form of crude oiloil.

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.

Q: You've been an advocate of efficiently getting oil sands crude to market, but how economically viable is a pipeline when oil is well below $ 60?

Canada would not deliver control of its oil sands — the world's third - largest proven reserves of crude — to a foreign government, Harper insisted.

First you need to understand a bit about the economics of tar sands oil — a cheap, off - brand version of conventional crude.

After having the project rejected by former president Barack Obama, TransCanada Corp. has re-applied for approval of the Keystone XL line, which would deliver Alberta oil sands crude to refineries in the U.S. Gulf Coast.

In a world of falling prices, however, it will be high cost production from shale formations and the oil sands, not the low cost conventional crude from places such as Saudi Arabia and Iran that will be hit the hardest.

There is nothing new about transporting this form of crude oil — and after nearly half a century, there is no evidence that internal corrosion is caused by transporting oil from the Canadian oil sands.

Last week, Bill McCaffrey, chief executive of oil sands producer MEG Energy Corp., said his company is considering such exports as it becomes easier to move Canadian crude to Houston through expansions of the pipeline network.

After my post last night got me reading Budget 1980 and the National Energy Program, I stumbled upon something completely fascinating: the hated National Energy Program proposed an indexed price for synthetic crude from oil sands projects which, had it been followed until today, would have been above the Canadian dollar price of WTI in -LSB-...]

Senator Henry Bellman of Oklahoma supported Goldwater regarding Texas chili, but indicated that to trade the «ketchup and sand» Arizona chili for the «crude oil flavored» Texas chili would only aggravate the situation.

After 18 months of pressure from environmental and community groups, state officials have reversed an earlier position, and will now require a full environmental review of a crude - heating facility that would allow tar sands oil to be shipped down the Hudson River.

It is time to not only ban fracking, but halt new investments in fossil fuels and related infrastructure, including pipelines, gas - fired power plants, fracking waste dumps, fossil fuel storage depots in the salt caverns by Seneca Lake, LNG exports at Port Ambrose, crude oil «bomb trains,» and a tar sands oil heater at the Port of Albany.

And in the environmental impact statement, Pilgrim officials wrote: «While crude oil shipment downriver is a relatively recent phenomena on the Hudson River, the increasing production of crude in North America because of fracking, and Canadian tar sands, is likely to result in increasing demand to move the crude oil to coastal areas for shipment to refineries.

Since it received permission to increase the amont of oil it transports, Global has also sought to add a crude oil heater that would allow it to bring in thick tar sands.

In Alberta, these large pits of crude oil are trapped within sand, so getting the oil out of the sand is harder.

By linking Canadian fields to refiners in the Gulf Coast, the 1,200 - mile (1,900 - km) Keystone XL pipeline would be a boon to an energy patch where oil sands are abundant but that produce more carbon pollution than many other forms of crude.

It recommends prioritized research on the chemistry, properties and spill behavior of various types of crude oil, from oil sands bitumen, to diluted bitumen, to other unconventional oils.

We still don't know enough about tar sand oil, or bitumen, which takes longer to break down due to its high viscosity, but doesn't spread, we also don't know much about the behavior of oil from a blowout, such as the Deepwater Horizon BP blowout, and we know little of how crude oil behaves in the Arctic Ocean, where there is ice, or how to remediate it,» said Michel Boufadel, director of NJIT's Center for Natural Resources Development and Protection and a member of the panel of experts charged with evaluating the impact of spills in Northern waters.

The flurry of climate action comes as the Senate is debating legislation requiring Obama to approve the Keystone XL pipeline's movement of Canadian oil sands crude into the United States.

The United States has become deeply reliant on extreme extraction from Canada's tar sands, which this year are expected to become this country's top source of imported crude, surpassing our purchases from the vast oil fields of Saudi Arabia.

Two tons of sand must be processed to yield a single barrel of oil, producing twice as much greenhouse - gas emissions as the processing of conventional crude.

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 study, published Wednesday in the journal Nature, showed that the production of tar sands and other heavy oil — thick, highly viscous crude oil that is difficult to produce — are a major source of aerosols, a component of fine particle air pollution, which can affect regional weather patterns and increase the risk of lung and heart disease.

CALGARY, Alberta (Reuters)- TransCanada Corp on Thursday said it would move ahead with Canada's largest - ever pipeline, expanding the scale of its $ 12 billion plan to ship oil sands crude in the West to refiners on its east coast and beyond as its U.S. - bound Keystone XL line stalls in Washington.

The proposal is the latest in a series of planned pipelines and expansion projects as a flood of crude from the oil sands and the Bakken shale oil field stretches existing networks.