Shell Moves Ahead With 80,000 Barrel Per Day Carmon Creek Project

THE HAGUE, The Netherlands, October 31, 2013 /PRNewswire via COMTEX/ — Royal Dutch Shell plc (Shell) RDS.A +0.06%  RDS.B +0.38%  today announced its decision to proceed with its Carmon Creek project in Alberta, Canada, expected to produce up to 80,000 barrels of oil per day. Carmon Creek is a thermal in situ project that is 100 per cent Shell owned and will be part of the company’s broader production, refining and marketing business across the full value chain in North America.

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Shell Claims Global Liquid Fuel Demand will Peak in 2035

Some said that the automobile would never replace the horse, so when it has been said that oil will never be replaced as the main driver behind society’s existence, maybe we shouldn’t be too quick to believe it. Shell, one of the largest energy companies in the world, has come out and admitted that “by 2070, the passenger road market could be nearly oil-free.”

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Exponential Shell expansion in oil sands approved

Shell Canada has been approved by the ERCB to proceed with its Carmon Creek Project.

In January 2010, Shell submitted a regulatory application for the project to increase its thermal production to 80,000 barrels per day in two phases of 40,000 barrels per day. Currently, the existing Peace River thermal production facility, which has been in operation since 1986, can produce up to 12,500 barrels per day.

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Shell building two new pipelines

A controversial pipeline project in southern Alberta has received approval from the Energy Resources Conservation Board.

Shell Canada has received approval to build two pipelines and a natural gas battery near Beaver Mines, Alta., with several conditions imposed by the board relating to emergency response, corrosion monitoring and air quality.

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