Archive for the ‘Oil Sands’ Category

Cenovus Energy Inc., Calgary, in 2017 plans to invest $1.2-1.4 billion, a 24% increase compared with the firm’s forecast capital spending for 2016.

Oil-sands investment can grow in Alberta despite the Canadian government’s carbon-pricing plan announced last month, according to a TD Bank economist (OGJ Online, Oct. 5, 2016).

Oil-sands investment can grow in Alberta despite the Canadian government’s carbon-pricing plan announced last month, according to a TD Bank economist.

Suncor Energy Inc., Calgary, said it expects its capital spending to reach $4.8-5.2 billion (Can.) in 2017. A midpoint would represent a $1-billion (Can.) decrease from 2016.

North West Redwater Partnership (NWRP) has let a contract to General Electric International Inc. subsidiary GE Water & Process Technologies, Trevose, Pa., to provide wastewater treatment and recycling technologies to help NWRP meet Canada’s stringent provincial water regulations at its greenfield bitumen refinery now under construction in Sturgeon County, about 45 km northeast of Edmonton, Alta.

“Terrible market conditions” will delay the sting of Alberta’s pending 100 million-tonne cap on greenhouse-gas emissions from oil sands work, says a Fraser Institute analyst.

The minister responsible for the Alberta Climate Change Office has introduced legislation capping greenhouse gas emissions from oil sands work in accordance with the province’s Climate Leadership Plan announced a year ago.

Fluor Corp. said it fabricated and shipped 358 modules to the Athabasca region of Alberta for the Fort Hills Energy LP oil sands mining project. Fluor has an engineering, procurement, fabrication, and construction contract for the utilities portion of …

The Alberta government has approved three oil sands projects representing 95,000 b/d of oil production and $4 billion (Can.) of potential investment.

The Alberta government has approved three oil sands projects representing 95,000 b/d of oil production and $4 billion (Can.) of potential investment.