Search results
Results from the WOW.Com Content Network
The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of oil sands rich in bitumen, a heavy and viscous form of petroleum, in northeastern Alberta, Canada. These reserves are one of the largest sources of unconventional oil in the world, making Canada a significant player in the global energy market.
Energy Alberta Corporation was created in 2005 with a concept to provide nuclear power to the energy-intensive development of the oil sands resources in northern Alberta, Canada. The company was founded by Hank Swartout, CEO of Precision Drilling Corporation, and Wayne Henuset, co-owner of Willow Park Wines and Spirits in Calgary, Alberta. The ...
The demonstration plant in Alberta was able to produce 930 barrels (~130 t) of oil per kilotonne of oil shale with an API gravity ranging between 28 and 30. With hydrotreating (the reaction of oil with high pressure hydrogen), it would be possible to improve this to 38-40 °API. Chattanooga Corporation is considering a design that would ...
As of 2009, Syncrude and Irving Oil were leaders in the Canadian industry, with Syncrude being the top producer of oil sands crude and Irving Oil operating the largest oil refinery in the country. [5] Canadian oil company profits quickly recovered following the 2008 financial crisis; In 2009 they were down 90% but in 2010 they reached $8.4 billion.
Shortly after receiving an SLL, Canada-based Enbridge expanded a pipeline carrying tar sands oil from Alberta to the United States, a project estimated to increase carbon emissions by the ...
The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of oil sands rich in bitumen, a heavy and viscous form of petroleum, in northeastern Alberta, Canada. These reserves are one of the largest sources of unconventional oil in the world, making Canada a significant player in the global energy market.
JACOS started oil sands activities in the Athabasca area in 1978 on leases held by Petro-Canada, Canadian Occidental (Nexen) and Imperial Oil to form the PCEJ group. [2] It was the first Asian-owned oil company to exploit the Athabasca oil sands. [3]
Syncrude Canada Ltd. is one of the world's largest producers of synthetic crude oil from oil sands and the largest single source producer in Canada.It is located just outside Fort McMurray in the Athabasca Oil Sands, and has a nameplate capacity of 350,000 barrels per day (56,000 m 3 /d) of oil, equivalent to about 13% of Canada's consumption. [1]