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Naturally occurring bitumen is chemically more similar to asphalt than to coal tar, and the term oil sands (or oilsands) is more commonly used by industry in the producing areas than tar sands because synthetic oil is manufactured from the bitumen, [20] and due to the feeling that the terminology of tar sands is less politically acceptable to ...
Pathways Alliance's major project is a potential $16.5 billion carbon capture and storage network to be constructed in northern Alberta. [4] As of May 2024, the proposed CCS network aims to capture CO2 emissions from over 20 oilsands facilities in northern Alberta and transport them via a 400-kilometer pipeline to an underground storage hub near Cold Lake.
Oil sands have not had it easy lately. Between labor shortages, operational cost increases, and a general lack of pipeline capacity, exploration and production of Canadian oil sands has not been ...
The European Union's recent estimates that Canada's oil sands produce 22% more greenhouse gases (GHGs) than conventional crude have sent both sides into a war of words. Current and future industry ...
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.
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Mine at the Athabasca Oil Sands. According to the Alberta Energy and Utilities Board (EUB, now known as the Alberta Energy Regulator, the AER), Alberta's oil sands areas contain an ultimately recoverable crude bitumen resource of 50 billion cubic metres (315 billion barrels), with remaining established reserves of almost 28 billion cubic metres (174 billion barrels) at year-end 2004.
Residents who were ordered out of Canada's oil sands hub of Fort McMurray, Alberta, due to a nearby wildfire are clear to return home, authorities said Saturday. The Regional Municipality of Wood ...