The global bitumen market is forecast to grow at a Compound Annual Growth Rate (CAGR) of four percent between 2015 to 2020, and the world’s largest energy traders such as the Vitol Group and the Trafigura Group Pte. are in a race to increase their market ...

VANCOUVER - A new federal government study has concluded that diluted bitumen — the product that would be transported by the Northern Gateway pipeline — sinks in seawater when battered by waves and mixed with sediments. However, when free of sediments ...

UC Santa Barbara geochemist David Valentine is among the authors of a new report about accidental spills of diluted bitumen from pipelines. The report was prepared for the National Academies of Sciences, Engineering, and Medicine. According to the ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Cierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate. She is a banking consultant, loan signing agent, and arbitrator with ...

BANGKOK , THAILAND, November 20, 2024 /EINPresswire.com/ -- Industry leaders Petrosil and Enmore are proud to announce the 1st Asia Bitumen, Base Oil, and Lubricants ...

Petroteq Energy PQEFF PQE is an upstream exploration and production (E&P) company focused on advancing its proprietary Clean Oil Recovery Technology (CORT). Currently, the company is ramping up bitumen oil production at its recently upgraded and enhanced ...

Increased pipeline movement of raw bitumen production from Canada to the US could mitigate North America's vulnerability to crude supply disruptions and require expansion of existing pipelines or construction of new pipelines. As discussed previously (OGJ ...

A handful of Canadian oil sands. Credit: istockphoto. Phillips 66 is Closing its LA Refinery this Month. Neighbors Still Don’t Know if the Company Will Pay for the Cleanup. Arizona Launches Investigation into Proposed Critical Mineral Mine’s ...

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 ...

ONE of the bleakest scenes of man-made destruction is the strip mining of oil sands in the forests of Alberta, Canada. The sand is permeated with natural bitumen, a type of petroleum with the consistency of peanut butter. Once dug from the surface, the ...