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They are mining and processing tar sands and oil shales, and essentially steaming out the oil, or splintering deep geologic layers of shale to liberate natural gas. Oil companies and the State ...
In 2019, the plant increased its capacity to refine tar sands oil to 40,000 barrels a day. PBF refinery in Toledo refines 170,000 barrels of oil a day.
Utah state and county leaders, however, have been eager to see Utah’s vast deposits of unconventional energy resources, such as oil shale and tar sands, developed in the hopes of spurring ...
Fracking a virgin shale bed is simpler—and cheaper—than mining a new tar pit. American crude production surged by 94% from 2011 to 2018, hitting Canada twice over: by pushing down the oil ...
The scale of Alberta’s oil sands operations, the world's largest industrial project, is hard to grasp. Especially north of Fort McMurray, where the boreal forest has been razed and bitumen is ...
The U.S. and Canada Are Preparing for a New Standing Rock Over the Trans Mountain Tar Sands Pipeline Managing the perceived security threat of Indigenous-led anti-pipeline movements has become a ...
Some call Utah’s vast deposits of tar sands and oil shale, another hydrocarbon resource requiring mining, a “carbon bomb” because of their potential to emit megadoses of climate-altering ...
This gives U.S. producers a massive competitive edge. Now, thanks to technological advances from Petroteq and other companies, oil sands could be as profitable and as cheap as shale.
Shale production is also less carbon-intensive, addressing a major concern among international investors reluctant to finance what environmental groups deride as the "tar sands".
Hydraulic fracturing of shale oil and gas can yield quicker returns on smaller investments than extracting tar-like bitumen from the oilsands. Shale production is also less carbon-intensive, ...
For more than a century, the economic fortunes of Texas have depended on oil. The image of mighty geysers spewing depreciable assets out of the ground is forever linked to the state. In the ...
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