Sentences with phrase «oil sands production since»

The Parkland Institute, a left - leaning Edmonton - based research network, reported that the government has received less than 20 per cent of the wealth generated by oil sands production since 1997 even though its original target was 35 per cent.

Not exact matches

Canadian and global petroleum companies have since spread mines and deep - drilling projects across northern Alberta's gargantuan reserve — oil sands production has nearly quadrupled since 2000 to about 2.5 million barrels per day.

Since then, Alberta has only become even more dependent on resource royalties, as production from the oil sands continued to march higher.

Refining and production are, for the most part, separate activities — they don't benefit much from integration in the physical sense (oil sands upgrading from mines is a bit of an exception, since the waste heat from the upgrader can feed the extraction plant).

Of course, neither of the above assumptions are likely to be true, since global oil supply and demand elasticity are not zero — alternative sources (some cleaner, some not) will replace some oil not produced if you could prevent oil sands production, and some reduction will occur in total global oil demand.

Non-conventional liquids production has reached ~ 4.5 Mbbl / d since 1960, which includes EOR, oil sands, CTL, GTL, ethanol, biodiesel.

We have a slight chance to someday stop tar sands or oil shale production, since it's both expensive and devastating, but not in the Arctic.

Meanwhile, oil companies are recklessly developing the tar sands, with plans to increase production to a dangerous level of five million barrels per day or more by 2030, a 1500 per cent increase since 1999.