Sentences with phrase «sands crude oil»

Tar sands crude oil pipeline comanies may be putting the American public's safety at risk by using conventional pipeline technology to transport a highly corrosive, acidic and potentially unstable blend of thick raw bitumen and volatile natural gas liquid condensate called DilBit.

In 2013, Global applied for a permit to allow it to handle heavy tar sands crude oil at the same facility.

Oil Change International has launched a new online tool today that tracks the flow of Canadian tar sands crude oil to North America's refineries.

Bitumen is the tar sands crude oil that looks like asphalt.

Home to some of the largest oil refineries in the world, Port Arthur is set to receive nearly 800,000 barrels of tar sands crude oil daily from the Keystone Pipeline, once it is operable.

Keystone XL is a proposed oil pipeline owned by TransCanada that would carry toxic tar sands crude oil from deposits in Alberta, Canada to refineries along the U.S. Gulf Coast.

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.

The pipeline would connect Canada's tar sands with refineries on the Texas Gulf Coast that specialize in processing heavy crude oil.

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.

Despite the layoffs and poor performance in its first quarter, Suncor, Canada's largest oil sands producer, continues pumping out crude, outputting 602,400 barrels per day during the first quarter — up 10 % from the same period last year.

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.

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.

Every few days, tankers freshly laden with crude from Alberta's oil sands squeeze through the shallow Second Narrows channel in Burrard Inlet, make their way through swift currents in the southern Gulf Islands and on towards offshore markets.

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.

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.

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.

«Extraction from the Canadian oil sands continues to grow and with crude oil prices back above $ 70 (U.S.) a barrel, new greenfield projects and previously shelved expansions are once again starting to become viable,» wrote senior currency strategist Matthew Strauss.

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.

Canadian crude — extracted from Alberta's controversial oil sands patch — is the cheapest oil in the world.

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.

Conventional crude oil prices are now below $ 50 a barrel, and last week Royal Dutch Shell cited «uncertainties» over pipeline shipments in canceling a $ 2 billion oil - sands project.

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?

Refiners don't particularly want tar sands oil, which is tougher to make into usable transportation fuel, so it sells for about $ 20 to $ 30 less per barrel than crude from Texas or the Dakotas.

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

Tar sands producers would love to send their oil to the Upper Midwest, but those refineries are already saturated with domestic crude.

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

TransCanada has said its shippers remain committed to the project, which would deliver diluted bitumen from Alberta's oil sands to refineries on the Gulf Coast that are specifically equipped to process heavy crude.

Genscape oil analyst Carl Evans said that, even with crude prices below $ 50 (U.S.) a barrel over the past two years, heavy bitumen production in Canada's oil sands region has continued to grow.

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.

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.

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.

We've been transporting crude oil produced from Canada's oil sands region since 1968.

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.