Sentences with phrase «oil sands crude as»

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.

Not exact matches

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.
Many companies such as Suncor Energy, ConocoPhillips Canada, Syncrude Canada and Athabasca Oil have returned to the oil sands and are now beginning to pump crude again, but it will be weeks before they resume full productiOil have returned to the oil sands and are now beginning to pump crude again, but it will be weeks before they resume full productioil sands and are now beginning to pump crude again, but it will be weeks before they resume full production.
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.
The Canadian province, which holds the world's third - largest crude reserves, is reviewing renewable - energy policies as exports from its oil sands face increasing opposition from environmental groups and lawmakers in the U.S. and Europe.
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.
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.
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.
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.
Albany's importance as a link in the energy - production chain is poised to grow under Global Partners» effort to win state permission to handle oil - sands crude and biofuels for shipping over objections of neighbors and environmental groups.
As prices for crude oil rise, tar sands - based oil production in the US has become more commercially attractive to both the government and industry.
According to a thirty - year - old law in the US, diluted bitumen coming from the Alberta tar sands is not classified as oil, meaning pipeline operators planning to transport tar sands crude across the United States are exempt from paying into the federal Oil Spill Liability Trust Fuoil, meaning pipeline operators planning to transport tar sands crude across the United States are exempt from paying into the federal Oil Spill Liability Trust FuOil Spill Liability Trust Fund.
(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.
Murray Edwards, the billionaire vice-chairman of Canadian Natural Resources Ltd., said that with oil sands production expected to expand from 1.5 million barrels a day to as much as 4 million barrels in the next 25 years, Alberta oil is much more likely to flow into the U.S. - even if overall U.S. crude demand continues to stagnate.
But bitumen and diluted bitumen aren't actually a kind of crude oil (the IRS actually relieves tar sands streams from some taxes for this very reason), they're a different beast altogether, as the spill responders at the Kalamazoo River learned the hard way.
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.
An international team of researchers has shown how anaerobic microbes in oil deposits around the world — including in unconventional sources such as the oil sands — naturally break down crude oil into methane in the reservoir.
Canadian crude oil production comprises western Canadian, which includes crude oil from the oil sands and conventional resources, as well as offshore production from the east coast of Canada.
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;
The freight rail network in North America is being turned into a conduit for crude oil from the landlocked Canadian tar - sands and the Bakken Shale, as construction timelines and permitting decisions are awaited for new pipelines.
TransCanada's proposed Energy East Pipeline would transport tar sands crude from Alberta, through Ontario and Quebec, and as far as New Brunswick's Irving Oil Ltd. refinery and port of Saint John.
The base case assigns each crude (oil sands and conventional) to the appropriate default refinery category, using API gravity and sulfur content of the whole crude as the criteria.
Dilbit — the heavy, solvent - laced tar sands crude that oozed into the Kalamazoo River in 2010 and across Mayflower, Ark., in 2013 doesn't count, technically, as «oil
«The IRS has classified tar sands as different from conventional oil, and thus the tax levied to fill the liability trust fund is not levied on tar sands crude.
Whether it is tar sands oil, dilbit or conventional crude, oil spills are a mess to clean up and the oil industry should pay a cleanup fee for a barrel of one type of oil as it does for another.
Enbridge is expected to benefit as Keystone continues to languish in bureaucratic limbo awaiting a go - ahead from the Obama administration for its southern leg, which would carry Canadian «oil sands» crude to the U.S. Gulf Coast.»
So long as the conventional crude oil price stays above 31.5 USD2006 / boe (excluding profits) it is profitable to extract oil sands.
The EU tried to label tar sands oil as more carbon - intensive than other crude sources, and a public message from Archbishop Desmond Tutu and other African leaders accuse Canada of contributing to famine and drought (studies have shown tar sands are likely to devastate agriculture in Africa).
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.
It currently takes as many as 3.1 barrels of water to produce one barrel of crude oil from the Alberta tar sands, according to the paper.
Aboriginal opposition to such proposals as Enbridge Inc.'s $ 6 - billion Northern Gateway pipeline has been a major stumbling block to the Harper Conservatives» aim of shipping large volumes of oil sands - derived crude to the Pacific Coast to be exported to Asia as a way to increase returns.
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