heavy oil

Results 1 - 10 of about 24 news for the tag: heavy oil.

North West Upgrading Selects Praxair to Supply Oxygen in Alberta

September 19th, 2008

Praxair, Inc. announced that North West Upgrading Inc. (NWU), has selected Praxair Canada Inc., the largest industrial gas supplier in Canada, to provide the industrial gases needed for its heavy oil Upgrader in Sturgeon County, Alberta, Canada. North West’s process eliminates production of coke, uses gasification to make hydrogen from the heaviest components of [...]

Oilsands Quest Inc. Contributes $1 Million to Saskatchewan Research Council for a Scaled Physical Model

September 3rd, 2008

Oilsands Quest Inc. announces a $1 million contribution to the Saskatchewan Research Council (SRC) which will be applied towards the construction of a critical piece of equipment that will be used to develop recovery methods suitable for Canada’s oil sands deposits.
“For many years we have played a key role in enabling Saskatchewan operators to develop [...]

Pembina Proceeds with Nipisi and Mitsue Pipeline Construction

August 13th, 2008

Pembina Pipeline Income Fund announced that its wholly owned subsidiary Pembina Pipeline Corporation is proceeding with the construction of two pipeline systems with an estimated combined capital cost of $400 million. Pembina has entered into transportation service agreements (”TSAs”) with founding customers, Canadian Natural Resources and EnCana Corporation (the “Shippers”) on these two pipeline [...]

Earth Search to Acquire General Synfuels International

July 21st, 2008

Earth Search Sciences, Inc., announced the acquisition of General Synfuels International, Inc. (GSI) and its patented technology to recover hydrocarbons through an environmentally-conscientious gasification process.
GSI has agreed to the buyout involving an undisclosed amount of cash and shares. The acquisition enables key Earth Search subsidiary, Petro Probe, Inc., to establish a joint venture and commercial [...]

Tri-Valley Surpasses Year End Oil Production Rate Goals Six Months Ahead of Plan

June 28th, 2008

Tri-Valley Corporation has exceeded 2,000 barrels of oil equivalent per day (BOED) rate with total field production recorded at 2,058.3 BOED from its 43 active producing wells on six California properties. This surpasses the original year end 2008 Company Plan of 2,000 BOED by more than six months.
“With tested productive capacity of individual wells now [...]

Marathon Begins Detroit Refinery Expansion Work

June 21st, 2008

Marathon Oil Corp. began work to add capacity to its Detroit refinery after receiving approval from state authorities.
The $1.9 billion project will boost the facility’s capacity to 115,000 barrels per day from 102,000 barrels per day — including 80,000 barrels per day of heavy oil, like that held in oil sands.
The project is slated for [...]

Tamm Oil and Gas Corp. Announces Acquisition of 100% Working Interest in 21 Sections in the Manning Area of Peace River

February 28th, 2008

Tamm Oil and Gas Corp. is pleased to announce the Company has acquired 100% ownership of 21 contiguous sections of land totaling 13,440 acres in the Peace River Oil Sands Area of NW Alberta. The company acquired 100% working interest in mineral rights on these lands which are prospective for heavy oil in the Debolt, [...]

World Energy and Chemicals Exhibition and Conference

November 1st, 2007

Kuwait News Agency (KUNA)) Kuwait will host on Monday the World Energy and Chemicals Exhibition and Conference held under the auspices of His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah with participation of 70 local and international companies.
The four-day conference and exhibition will be inaugurated by the Minister of Electricity and Water and [...]

ConocoPhillips, Exxon Mobil pass on Venezuela deals

June 27th, 2007

Oil giants ConocoPhillips and Exxon Mobil Corp. are set to withdraw from their joint venture projects in Venezuela’s Orinoco basin.
The two companies refused to sign deals Tuesday that would see the Venezuelan government taking majority stakes in their Orinoco projects.
Four other oil majors, U.S.-based Chevron Corp.; Britain’s BP Plc; France’s Total SA; and Norway’s Statoil [...]

Synenco Energy to Present at 2007 CAPP Oil and Gas Investment Symposium

June 17th, 2007

Synenco Energy Inc. (TSX: SYN - News) today advised that Todd Newton, President and Chief Operating Officer, will speak at the 2007 CAPP Oil and Gas Investment Symposium. Mr. Newton will speak on Tuesday, June 19, 2007 at 4:15 p.m. and Wednesday, June 20, 2007 at 3:50 p.m. (Mountain Time) at the Hyatt Regency Hotel [...]