Albertan Bitumen Heading for the Great Lakes

Posted on January 1, 2014 by Joe

It is no secret that oil transportation infrastructure in North America is strained and Albertan oil is having a difficult time getting to market. Pipeline construction is chronically delayed and rail companies are running out of oil tank cars, but oil companies are considering a new route. Calumet Speciality Product Partners, an Indiana-based company, is planning to spend $20 million to upgrade a dock in Lake Superior to load bitumen onto barges and ship it through the lake system to other refineries. While approval for the project is far from certain, it does signal a trend in the industry.

Read more: http://tinyurl.com/pwkojl7

Bitumen bubble is back, says finance minister

Posted on November 28, 2013 by Joe

Alberta’s finance minister warns the bitumen bubble is “back from its holiday,” although the province is banking on getting an extra $1 billion in oilsands royalties this budget year due to strong commodity prices.

Read more: http://tinyurl.com/pabgpfe

Why the ‘refine it here’ mantra is nothing more than wishful thinking

Posted on November 25, 2013 by Joe

It is a grandiose idea: Imagine if local processing of Alberta’s bitumen and conventional oil could increase to the point where it lessened the need for environmentally-disruptive takeaway pipeline infrastructure. The downstream diversification of the industry into the more value-added production of goods like diesel fuel and petrochemical products would generate significant economic benefits.

Read more: http://tinyurl.com/kr7t27o

Alberta bitumen B.C.-bound one way or another, provinces agree

Posted on October 16, 2013 by Joe

B.C. and Alberta acknowledged Tuesday that if the Northern Gateway and Trans Mountain pipelines to the west coast are not built, rail will fill the “void” to the coast.

Read more: http://tinyurl.com/kx6ntmx

Carbon pipeline project moves forward in concert with Redwater bitumen refinery

Posted on September 24, 2013 by Joe

EDMONTON – Alberta’s carbon dioxide pipeline project has nailed down solid dates for construction as its main gas supplier, the new Redwater bitumen refinery, gets rolling.

Read more: http://tinyurl.com/pe65ojr

CN, feds eyeing oil-by-rail to Prince Rupert, B.C., in same quantity as Gateway

Posted on September 22, 2013 by Joe

OTTAWA – CN Rail, at the urging of Chinese-owned Nexen Inc., is considering shipping Alberta bitumen to Prince Rupert, B.C., by rail in quantities matching the controversial Northern Gateway pipeline, documents show.

Fort McMurray: Beyond bitumen

Posted on August 23, 2013 by Joe

The matron of northern Alberta’s oil sands country – Fort McMurray – envisions a future beyond energy for a community built on bitumen.

Bitumen bubble bursts as price almost double the lows of January

Posted on July 4, 2013 by Joe

EDMONTON – The so-called “bitumen bubble,” which was used to justify provincial cuts this spring, has burst, as Alberta bitumen passed the $85 per barrel mark this week.

Read more: http://tinyurl.com/omel9nv

Plenty of competition will greet Alberta’s bitumen on U.S. Gulf Coast

Posted on May 30, 2013 by Joe

EDMONTON – Alberta is counting on pushing out foreign suppliers of heavy oil when large amounts of oilsands crude start hitting the U.S. Gulf Coast, but it will face stiff competition and may not even be welcome at some upgrading refineries.

Read more: http://tinyurl.com/m4478jx

Bitumen facility blamed for Peace Country health woes

Posted on May 27, 2013 by Joe

A family is blaming emissions from a nearby heavy oil production site for chasing them from their Peace Country home of seven years in northwestern Alberta.

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