Thursday, May 8, 2025

Post-COVID Global Oil Demand Series – Part 1: Petrochemicals and Construction Materials

RarePetro Oil & Gas 360 Publishers Note: This is part 1 from Kevin Olson at RarePetro on the Petrochemicals. The Post-COVID demand is an interesting topic for almost every market segment. Construction, manufacturing, transportation, air travel, and real estate will all have demand impacts for oil and natural gas.  Nice article from Kevin and worth the time to review. Abstract

Canadian company ships solid oil sands bitumen to Chinese refinery - oil and gas 360

Canadian company ships solid oil sands bitumen to Chinese refinery

Source: Reuters A Canadian company has loaded a test cargo of solid bitumen onto a vessel destined for a refinery in China, the latest effort by the energy industry to avoid congested export pipelines and find new ways to export more oil sands crude. Calgary, Alberta-based Melius Energy loaded 130 barrels of neat bitumen, similar in consistency to a hockey

Suncor Energy Switches on Production at Fort Hills

Adds 194,000 barrel capacity Suncor Energy Inc. (ticker: SU) will steadily ramp up its Fort Hills production following the safe startup of secondary extraction on January 27, 2018. Fort Hills, which is located 90 kilometers north of Fort McMurray, has a capacity of approximately 194,000 BOPD, of which 103,000 BOPD is net to Suncor. As planned, the first of three

Challenges for Western Canada Heavy Oil Point to Continued Export to U.S. Gulf Coast

IHS Markit has released a new study called, “A New Look: Extracting Value from the Canadian Oil Sands.” The report presents a post-oil price collapse update to a 2013 analysis on the economics of processing heavy oil in Alberta and other select jurisdictions. Bitumen-related problems: too heavy for pipelines Bitumen is the extra-heavy oil found in the oil sands. Making