15 Mar 2019 Imperial Oil Ltd. has slowed the development of a $2.6-billion First production from the Aspen in-situ project had been expected in 2022 but 29 May 2019 In situ operator: Imperial – Sandy Campbell and Diedre Norman. • 10:30am: RECOVERY TECHNOLOGIES – OIL SANDS EXAMPLES. 10 7 Nov 2018 On Tuesday, Imperial Oil Ltd. announced it will build its $2.6-billion Aspen project in northern Alberta, making it the first new oilsands 21 Feb 2019 The CEO of Imperial Oil Ltd (USA) (NYSE:IMO) just blasted the that it plans to spend $800 million for its massive Aspen oil sands project.
CALGARY -- The outgoing CEO of Imperial Oil Ltd. says the $2.6-billion Aspen oilsands project in northern Alberta it announced a year ago - only to cancel it a few months later - will remain on
CALGARY, Alberta--(BUSINESS WIRE)--Imperial said today it has slowed the pace of development of its Aspen in situ oil sands project given market uncertainty stemming from Alberta government intervention and other industry competitiveness challenges. Imperial Oil CEO Rich Kruger fired another shot at Alberta's NDP government on Friday morning, announcing plans to delay the Aspen oil sands project. Aspen is a solvent-assisted, steam-assisted gravity drainage (SA-SAGD) facility, located about 15 km east of Fort McKay. Imperial Oil decided to go ahead with construction on Aspen during a slow time in the oilsands because it hopes less competition will save money on labour and component costs. Imperial Oil Ltd.’s commitment to begin construction this year on its $2.6-billion Aspen oil sands project in northern Alberta comes less than a week after it received long-awaited approval from the Alberta government. IMPERIAL OIL • ASPEN APPLICATION: VOL 1 SEC 1 (PROJECT DESCRIPTION) IMPERIAL OIL • ASPEN APPLICATION: Get access to our complete database of historical oil and gas prices, energy statistics and oil sands production data. All in Excel format, no special software required.
30 Apr 2019 Imperial Oil is decreasing its planned spending on the Aspen oilsands project this year by almost 70 percent. The company
15 Mar 2019 CALGARY, Alberta--(BUSINESS WIRE)--Imperial said today it has slowed the pace of development of its Aspen in situ oil sands project given 12 Nov 2019 The outgoing CEO of Imperial Oil Ltd. says the $2.6-billion Aspen oilsands project in northern Alberta it announced a year ago — only to cancel The Aspen Oil Sands project is a proposed in-situ steam assisted gravity Aspen would produce up to 150000 barrels of bitumen a day, putting it Project Website: http://www.imperialoil.ca/Canada-English/operations_sands_aspen. aspx. 25 Feb 2020 ASPEN. START-UP: TBD. STATUS: Under development. CAPACITY: 75,000 bbl/ day. PRODUCT: Diluted bitumen. OPERATOR: Imperial. Imperial Oil Kearl. Shell Albian Sands Jackpine 1. Syncrude Aurora North. Shell Albian Sands Muskeg River. Shell Albian Sands Muskeg River Expansion. 30 Apr 2019 Imperial Oil is decreasing its planned spending on the Aspen oilsands project this year by almost 70 percent. The company 15 Mar 2019 Canada's Imperial Oil Ltd will delay its C$2.6 billion Aspen oil sands project in Alberta by about a year after the provincial government imposed
CALGARY -- The outgoing CEO of Imperial Oil Ltd. says the $2.6-billion Aspen oilsands project in northern Alberta it announced a year ago - only to cancel it a few months later - will remain on
Imperial Oil forges ahead with construction of $2.6B Aspen oilsands project. Construction will begin this year, with the project expected to start up in 2022. Imperial says new technology makes it more efficient and less polluting. Imperial Oil Ltd. is slowing down the development of its $2.6-billion Aspen oil sands project amid market uncertainty and competitiveness concerns, the Calgary-based company said Friday. In its release, the company cited market “uncertainty stemming from Alberta government intervention and other industry competitiveness challenges.”. Imperial Oil to build new Canada oil sand project. (Reuters) - Imperial Oil Ltd said on Tuesday that it would go ahead with the construction of its C$2.6 billion ($2 billion) Aspen project in northern Alberta, the first new oil sand development to be greenlighted since 2013.
12 Nov 2019 The outgoing CEO of Imperial Oil Ltd. says the $2.6-billion Aspen oilsands project in northern Alberta it announced a year ago — only to cancel
Aspen is an in situ oil sands development project, will include the first major commercial application of next-generation oil sands recovery technology designed