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Canadian refining industry strong but only processes a fraction of domestic crude: NEB

Canada has a strong refining industry but processes only a fraction of its own crude oil production, according to the National Energy Board's (NEB) inaugural Canadian Refinery Overview - Energy Market Assessment report. 

The refinery overview states that only 30 per cent of Canadian crude oil is processed by Canadian refineries. This is mainly due to the size of Canada's refining industry compared to the resource size, the location of its refineries and the lack of cross-country pipeline connectivity. 

Most of the refineries in Canada, built when there were abundant supplies of light crude oil, were not configured to process growing volumes of heavy crude oil from the oil sands. As a result, significant volumes of crude oil, mostly light, is imported to Central and Eastern Canadian refineries.   

Canada's production of refined petroleum products, which includes gasoline, diesel, jet fuel and home heating oil, is primarily for domestic consumption, with some exports mainly from Atlantic Canadian refineries. 

Although Canadian refineries are processing more Canadian crude than ever before, Central and Eastern Canadian refineries will still import crude oil to meet their refining needs. 

The NEB monitors energy markets and assesses Canadian energy requirements and trends to support its regulatory responsibilities. This report is part of a portfolio of publications on energy supply, demand and infrastructure that the NEB publishes regularly as part of its ongoing market monitoring. 

Canada is the world's seventh largest crude oil producer, has the world's third largest crude oil reserves, and its refining industry ranks 11th in the world in capacity. Canada has 14 full refineries and two asphalt refineries with a total refining capacity of 295 thousand cubic metres per day (103m3/d) or 1.9 million barrels per day (MMb/d). 

Quebec and Atlantic Canada have the most refining capacity at 124 103m3/d (782 thousand barrels per day (Mb/d)), followed by Western Canada at 109 103m3/d (683 Mb/d) and Ontario at 62 103m3/d (390 Mb/d). Western Canadian refineries process more oil sands crude than refineries in Eastern Canada. Eastern Canadian refineries process primarily conventional light crude oil. 

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Pipelines

TransCanada's Topolobambo project goes into service in Mexico

TransCanada's Topolobambo project goes into service in Mexico

TransCanada Corporation  announced its Topolobampo Pipeline project has been placed into service in northern Mexico, providing capacity for 670 million cubic feet of natural gas per day to markets in the states of Chihuahua and Sinaloa. The project represents an investment of approximately US$1.2 billion and provides the upstream interconnection with the company's Mazatlan Pipeline.

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Instrumentation, Systems & Automation

Hand-held combustion emissions analyzer

Hand-held combustion emissions analyzer

The E1500 Hand-Held Combustion Emissions Analyzer from E Instruments is a new, rugged unit with the ability to measure CO & O2 from high efficiency & condensing boilers, burners, engines, turbines, kilns, furnaces, incinerators and other industrial combustion processes.  Featuring a new large COLOR display and expanded internal memory, the E1500 lets you easily see and save your sample data without worrying about running out of memory. The E1500 also features pre-calibrated, field replaceable sensors which allow for easy diagnostics and replacement to reduce "down-time" and costly repair charges.

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Vertex Resource acquires Three Star Trucking

Vertex Resource acquires Three Star Trucking

Vertex Resource Group Ltd. has acquired Three Star Trucking Ltd., an environmental service company providing fluid hauling service, pressure truck services, hot oilers and combo vac services throughout western Canada on July 12th, 2018. The acquisition of Three Star will add over 270 pieces of equipment to Vertex's fleet, making the company's fleet one of the largest in operations serving Saskatchewan, the Montney, and the Duvernay resource plays of Alberta and British Columbia. 

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Asset Management

Baker Hughes, SGS agree on joint deployment of corrosion management solution

Baker Hughes, SGS agree on joint deployment of corrosion management solution

SGS and Baker Hughes, a GE company, announced a Strategic Alliance Agreement (SAA) for the joint deployment and commercialization of BHGE's real-time software and sensor-based Predictive Corrosion Management (PCM) solution. Leveraging the capability of the Industrial Internet of Things (IIoT), PCM will enable asset owners to increase their ability to monitor their facilities, and detect and predict corrosion issues using real-time data powered by BHGE's ultrasonic sensing technology and advanced analytics. 

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Drilling & Production
Industry News

Petroteq to test equipment for non-conventional oil production

Petroteq Energy Inc., a company focused on the development and implementation of proprietary technologies for the energy industry, announced an agreement with Cavitation Technologies, Inc., a company providing highly scalable and cost-effective solutions to various fluids processing industries. The companies have entered into a licensing agreement to test its equipment during oil production for workflow efficiencies and to lower its cost of production obtained through Petroteq's oil sands extraction process.  

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Painted Pony receives encouraging results from Lower Montney test wells

Painted Pony receives encouraging results from Lower Montney test wells

Painted Pony Energy Ltd. has announced results from two recent Lower Montney wells drilled on the northern edge of the South Townsend block. Preliminary results indicate production levels higher than Painted Pony management's Townsend type curve and include higher liquid yields compared to previous wells in the Townsend block. Painted Pony is encouraged by the results to-date and anticipates re-directing a portion of drilling activity within the existing 2018 development budget to better capitalize on these well results.

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Terex RT cranes handle desert drill site project without downtime

"Five months of continuous back-breaking work without any downtime," Nabors Drilling Manager David Siljeg succinctly puts it while summarizing how well the Terex RT 90 rough terrain crane performed at a work site in Abqaiq, Saudi Arabia. The crane lifted numerous components for drilling rigs, generators, and a power distribution and control centre at the oil field while enduring challenging environmental conditions.

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Paramount, Strath close sale of Resthaven/Jayar assets for $340 million

Paramount, Strath close sale of Resthaven/Jayar assets for $340 million

Paramount Resources Ltd. has closed the previously announced sale of its oil and gas properties and related infrastructure at Resthaven / Jayar in the Kakwa region to Strath Resources Ltd. Consideration received by Paramount totaled $340 million, and included $170 million in cash (subject to customary post-closing adjustments), 85 million Strath common shares and 10-year warrants to acquire 8.5 million Strath common shares. As a result, Paramount holds an approximate 16% equity interest (undiluted) in Strath and Jim Riddell, Paramount's President and Chief Executive Officer, has joined Strath's Board of Directors. The cash consideration received will be used to reduce outstanding indebtedness under Paramount's credit facility.

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Offshore Technology

Decommissioning Leadership Group meets to set strategy

Industry leaders have, this month, joined together to shape the future of decommissioning through the formation of the Decommissioning Leadership Group (DLG). Conceived and managed by Decom North Sea, the DLG held its inaugural meeting at The Chester Hotel in Aberdeen earlier in June with the mission to set out a strategy for leading the development of an efficient and effective oil and gas decommissioning sector.

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Instrumentation, Systems & Automation

Harting introduces Han-Smart modular connectors

In launching the first Han-Smart modules, HARTING is bringing new, intelligent capabilities to the highly esteemed, customer configurable Han-Modular connector system. Until now, industrial connectors have been used exclusively as passive devices for carrying power, signal, data transmission and pneumatics - functions they continue to provide. However, with Han-Smart solutions, connectors can provide added value while beginning to evolve into active devices to serve the needs of future manufacturing. These three modules are just the beginning:

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