Tag: upgrading
Heavy oil processing, refining investment remains a challenge for Alberta oil sands – IHS study
Prospects for upgrading to full synthetic crude remain most challenged, according to IHS Despite market changes, including some to the benefit of heavy oil processing in recent years, challenges still remain for investing in new heavy oil processing capacity in North America, according to a new study by IHS Markit. A New Look: Extracting Value […]
New partial upgrading tech could yield billions for Alberta oil sands
Increase to Alberta’s GDP of $505 million/year, 179,000 person-years of employment created from just one 100,000 b/d partial upgrader Full upgrading of Alberta oil sands bitumen has proven too costly in most cases, but a new study from the University of Calgary finds that the economics of partial upgrading are very beneficial to the industry and […]
New oil upgrading technology eliminates need for diluent in bitumen
“This is arguably the first major technological advancement in the industry in over 30 years. We are now working to a goal of being able to deliver pipeline ready bitumen with less than 1% sulfur.” SCHENECTADY, NY – Auterra Inc., a catalyst and process development company, announced today that it has accomplished a long-standing oil sands industry […]
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