Sentences with phrase «oil sands crude»

If $ 40 a barrel still seems a ways off, consider that the benchmark price for oil sands crude is already trading in that price range.

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?

Northern Gateway's West line, 36 inches in diameter, would transport an average of 525,000 barrels of oil sands crude per day to Kitimat.

An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO2 emissions (ranging between 5.4 % to 9.3 %) from a 2010 baseline, depending upon... Read more →

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.

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.

Energy East would be the largest project yet to deliver oil sands crude to Canada's coasts for export or refining, as energy companies fret about the regulatory hurdles and market limitations of pumping more oil to the United States, currently Canada's only major customer.

Enbridge has devised a way to ship more oil sands crude from Alberta to the US via its Alberta Clipper pipeline without getting further tangled in the type of review that has kept TransCanada's Keystone XL pipeline proposal mired in limbo for years: switching crude from one pipeline in its... Read more →

Imagine a twinned Kinder Morgan pipeline that sends oil sands crude not to its current Burnaby export terminal but to one in northwestern Washington instead.

But one of the most serious concerns lies in getting heavy oil sands crude to refineries that can process it — an issue likely to grow in importance in coming years.

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.

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.

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.

TransCanada also believes it has a more attractive project on its hands: Keystone XL will bring oil sands crude to the Gulf Coast, where refiners are desperate for more supply.

It's also hard to miss the irony of Canada being used as an escape hatch for coal exports when the U.S. won't play a similar role for oil sands crude via the Keystone project.

«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.

Keystone opponents say that burning fossil fuels to wrench oil sands crude from the ground will worsen climate change, and that the $ 5.4 billion pipeline, which could carry up to 830,000 barrels a day, would only spur more production.

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.

compared to selected imports, Canadian oil sands crudes range from 9 % to 19 % more emission - intensive than Middle Eastern Sour, 5 % to 13 % more emission - intensive than Mexican Maya, and 2 % to 18 % more emission - intensive than various Venezuelan crudes, on a Well - to - Wheel basis;

Pipeline opponent Oil Change International released a report Thursday saying that estimates of greenhouse gas emissions from oil sands development have failed to include the full emissions from a byproduct of refining oil sands crude — a coallike substance known as petroleum coke.

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.

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.

Assessed using the $ 40 per ton central estimate of the SCC, the carbon charge on oil sands crude would be about $ 4 per barrel higher than the carbon charge on average US crude.

«Singling out oil sands crude creates an artificial and potentially discriminatory regulatory distinction,» said the note from Mark Corey of Canada's natural resources department.

Of that, 25 megatonnes will come from new so - called «in situ» extraction methods that inject steam into underground wells to extract oil sands crude.

«It's bad for oil companies and the profit they were expecting from those projects, but from a climate perspective, it's tremendous,» said Danielle Droitsch, senior policy analyst at the Natural Resources Defense Council, one of many environmental groups that oppose extracting the heavy oil sands crude.

discounting the final consumption phase of the life - cycle assessment (which can contribute up to 70 % -80 % of Well - to - Wheel emissions), Well - to - Tank (i.e., «production») GHG emissions are, on average, 72 % -111 % higher for Canadian oil sands crude than for the weighted average of transportation fuels sold or distributed in the United States;

The U.S. oil industry is playing the «China card» in urging the American government to quickly approve TransCanada Corp.'s proposed Keystone XL pipeline project, which will deliver oil sands crude to Gulf Coast refineries.

Meanwhile, Canada has already served notice that it will intensify efforts to find different markets for oil sands crude — notably China, which could be served with a new pipeline from Alberta to the West Coast.

Although he did not name China, Mr. Gerrard was clearly referring to warnings that, in the absence of the Keystone XL pipeline, Canada will build alternative export routes to the West Coast to ship oil sands crude to the booming Chinese market.

The benchmark price of oil sands crude, Western Canada Select, has now dipped below $ 50 a barrel.

The big news on Keystone XL on Tuesday was that President Barack Obama doesn't think the pipeline, meant to carry Alberta's oil sand crude to Texas refineries, can possibly be in the U.S.'s national interest if it will «significantly» contribute to a rise in global carbon emissions.

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.

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

Canadian oil sands crudes are on average somewhat more GHG emission - intensive than the crudes they would displace in U.S. refineries, as Well - to - Wheel GHG emissions are, on average, 14 % -20 % higher for Canadian oil sands crude than for the weighted average of transportation fuels sold or distributed in the United States;

News Articles Featured Nathan Vanderklippe Globe and Mail March 20, 2013 Read the full article on the originating site Natural Resources Minister Joe Oliver this week told a Vancouver audience that British Columbians have nothing to fear from Pacific exports of Canadian oil sands crude.

It prompted Jeremy Symons, a senior vice president at the National Wildlife Federation, to wonder if perhaps this month's Yellowstone River oil spill in Montana from Exxon Mobil's Silvertip pipeline — which carried both conventional and oil sands crude — had at least sent a wake - up call to the State Department.

Secretary of State Hillary Clinton will then have to determine whether the construction of the $ 6 - billion (U.S.) pipeline - which would deliver 700,000 barrels per day of oil sands crude to the massive Gulf Coast refining hub - is in the U.S. national interest.

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 Venezuela.

I'm not saying, «No, it's not oil sands crude.»

Oil sands crude is critically important now and will be into the future, IHS says — which is why we here in the United States should be ever so grateful for our energy partnership with Canada and attentive to ways that relationship can be strengthened.

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.