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In 1980, a plant in Cold Lake was one of just two oil sands plants under construction in Alberta. [4] Although not developed as quickly and extensively as originally envisioned, an Imperial Oil plant in Cold Lake became the largest in situ oil sands project constructed in Alberta during the 1980s. By 1991, its daily oil production was 90,000 ...
The largest single plant in Canada to use in situ production is Imperial Oil's Cold Lake oil sand plant. This plant uses a technique called cyclic steam injection. Using this method, the company pumps high-pressure steam into a section of the underground reservoir for a week or so, then pumps the liquid oil out for as long as several months.
Imperial Oil Limited (French: Compagnie Pétrolière Impériale Ltée) is a Canadian petroleum company. [2] It is Canada's second-largest integrated oil company. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. [5]
The Cold Lake bitumen contains more alkanes and less asphaltenes than the other major Alberta oil sands and the oil is more fluid. [35] As a result, cyclic steam stimulation (CSS) is commonly used for production. The Cold Lake oil sands are of a roughly circular shape, centered around Bonnyville, Alberta. They probably contain over 60 billion ...
CALGARY, Alberta (Reuters) -Canada's Imperial Oil Ltd posted a first-quarter profit and raised its quarterly dividend on Friday, bolstered by higher crude prices, as well as improved refining and ...
Pathways Alliance's major project is a potential $16.5 billion carbon capture and storage network to be constructed in northern Alberta. [4] As of May 2024, the proposed CCS network aims to capture CO2 emissions from over 20 oilsands facilities in northern Alberta and transport them via a 400-kilometer pipeline to an underground storage hub near Cold Lake.
Imperial, which is 69.6%. Imperial Oil , Canada's largest oil refiner, announced last week that it would convert its refinery in Dartmouth, Nova Scotia, into a terminal facility after the company ...
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