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-...]
TCPL wished to construct two new pipelines to deliver
synthetic crude from Canadian Natural Resources Limited's Horizon processing plant to a pipeline terminal in the area close to Fort MacKay.
Light
synthetic crude from the oilsands for June delivery last traded at $ 3.80 below WTI, a larger discount than Tuesday's settle of $ 3.
Not exact matches
Section 2 (1) of Bill 12 refers to refined products which (oddly) do not fall under the primary production
from natural resources, which are defined so as to include
crude oil and natural gas but, «not a product resulting
from refining
crude oil, refining upgraded heavy
crude oil, refining gases or liquids derived
from coal or refining a
synthetic equivalent of
crude oil.»
Their move to rail comes as the Obama administration continues to weigh an application for the Keystone XL pipeline, which would deliver
synthetic crude oil and bitumen, an oil - containing substance,
from Alberta to refineries on the Gulf Coast.
Suncor's expected production capacity
from Syncrude is 205,590 bbls / d capacity of sweet
synthetic crude oil.
These excluded products consisted of «manufactured products» (inapplicable in the present context) and products «resulting
from refining
crude oil, refining upgraded heavy
crude oil, refining gases or liquids derived
from coal or refining a
synthetic equivalent of
crude oil».
Synthetic biology could usher in a new bioeconomy where biomass becomes the primary source of feedstocks for chemicals and materials currently manufactured
from crude oil and natural gas.
Technology is the revolutionary process, which converts natural gas into high quality full
synthetic base oil, with fewer impurities than traditional base oils made
from crude oil.
The Oil Sands segment includes mining, extracts and transports bitumen
from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market
synthetic crude oil and vacuum gas oil.
The ERCB is projecting the production of
synthetic crude oil
from bitumen to almost triple over the forecast period.
Annual production of non-upgraded bitumen and
synthetic crude oil
from Alberta's oil sands will increase almost 2.5 times by 2017
from 2007 levels, according to the just - published report... Read more →
Source: RAND A new report
from RAND concludes that in 2025,
synthetic crude oil (SCO) produced
from oil... Read more →
The Keystone Pipeline System is a pipeline system to transport
synthetic crude oil
from the Athabasca Oil Sands in northeastern Alberta, Canada to refineries in Illinois and Oklahoma, and further to the U.S. Gulf Coast.
Producing
synthetic crude oil
from tar sands generates three times the global warming pollution of conventional
crude production.
It proposes to capture up to one - third of the emissions
from a plant that transforms oil sands bitumen into
synthetic crude.
This has called upon Devoe's suite of business skills, acquired over several years as senior counsel at
synthetic crude oil producer Suncor, to leverage relationships with partner firms and extract the maximum value
from the resources available to the team.
Startup Sapphire Energy, which uses
synthetic biology to make a green
crude out of algae, announced on Monday that it's raising $ 144 million in a Series C round
from investors including agriculture company Monsanto.