- Statoil (STO +0.9%) says it aims to lower carbon dioxide emissions per barrel from its Canadian oil sands projects by 20% within six years via new technologies designed to reduce energy and water use when producing bitumen.
- STO is applying solvents to its steam-assisted techniques and will use valves to better direct steam to areas that need it, says its chief of Canadian operations, and is considering different drilling techniques and more efficient water recycling processes.
- Emissions from Alberta’s oil sands have become a focal point for opposition to the Keystone XL pipeline, which would carry bitumen from the oil sands to U.S. Gulf coast refineries.
From other sites
at Zacks.com (Apr 10, 2015)
at Zacks.com (Mar 19, 2015)
at Zacks.com (Mar 17, 2015)
at Zacks.com (Mar 16, 2015)
at Zacks.com (Mar 12, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs