$23.3 billion to be invested in Canada this year, down from about $37 billion in a January forecast.
Doesn’t match the reduction in demand caused by measures taken to deal with the COVID-19 pandemic.
Alberta innovators take some of the risk out of bitumen transport.
BitCrude process uses an electrically powered diluent recovery unit to produce a product that’s non-flammable.
Research suggests while renewables are still small, they play a big role in meeting new demand.
Would convert 77,000 barrels of diluted bitumen daily into medium synthetic crude and an ultra low sulphur diesel.
Almost 50% of the salmon exposed to the highest amount died during the first two months after they were moved to clean water.
Revised output expected to be 422,500 barrels per day, down from 440,000 bpd.
Production of upgraded bitumen could remain offline at its works north of Fort McMurray through July.
Sherritt’s process creates a lighter barrel of oil that will flow in a pipeline without being diluted.
It’s responsible for about 56 million tonnes per year of the total of 71 million tonnes of GHGs emitted.
Will help deal with an issue that is constraining capacity on a line that feeds bitumen from the mine to the upgrader.
Loan guarantees and grants to attract from two to five partial oil upgrading facilities and $5 billion of private investment.
As much as 30% more bitumen could be stuffed into existing pipelines if it is partially refined.
Self-sealing balls of bitumen can then be moved in coal rail cars or transport trucks.