Zyus Life Sciences Inc. will buy cannabis from licensed producers and focus on extraction and development.
Patented process uses only ethanol, other food-grade components; no organic solvents.
They claim push towards fossil fuel development runs counter to commitment to combat greenhouse gas emissions.
Government to encourage more value-added processing.
Could lead to a pull-back of investment over the medium and long term.
First European country to do so; expands China’s influence in the Arctic.
E-T Energy is getting $6.86 million in funding and will be working with Total E&P Canada Ltd. to field-test a less environmentally intrusive method of extracting hard to access bitumen from the Athabasca oil sands.
A global energy consulting firm has recognized the effectiveness of Petrobank Energy and Resources’ THAI heavy oil extraction technology its Kerrobert project.