Canadas Energy Development Energy Economy Environment 2
Global Primary Energy Demand Energy Population growth 20,000 million tonnes oil equivalent Other Renewables Demand Standard of living 18,000 Bioenergy Hydro Growth Nuclear 16,000 Natural Gas Oil 14,000 Coal Ongoing high…
Two Methods of Oil Sands Recovery Drilling: 80% of reserves Mining: 20% of reserves Photo: ConocoPhillips - Surmont Schematic: Devon - Jackfish
Global Crude Oil Reserves by Country World Oil Reserves Open to 298 Private Sector 300 266 Oil Sands 250 53% Open to Restricted Private 173 200 (81%) Sector Other billion barrels 157 47% 140 150 102 92 100 80…
Canadian Oil Sands (Bitumen and SCO) & Conventional Production
2012 Canada and U.S. Demand for Crude Oil by Source Thousand Barrels per Day 7
Access to Markets Pipeline Expansions in Development
WCSB Takeaway vs Supply Forecast
Crude Oil Rail Exports Western Canada vs. North Dakota Opportunities: Relatively quick Flexibility Less diluent Use in both directions Challenges: Recent safety Higher costs Limited loading and tank car availability…
Oil Sands Environmental Performance 11
Joint Oil Sands Monitoring Increased sites (87 to 172) More substances Greater sensitivity Broader geography Standard methodology Publicly available data 50 million per year In addition to required project monitoring will…
Greenhouse Gas Emissions Global CO2 Emissions Canadas 2% Buildings USA 12% 18% Agriculture 10% European Union Emission Intensive & 12% Waste & Others Trade Exposed 7% Industries Japan 11% 4% China 26% Canada Oil Sands 2%…
Full-cycle GHG Emissions Oil Sands & U.S. Refined Crudes U.S. Barrel Refined in the U.S. (2005) Venezuela - Petrozuata US -Kern River Cdn Oil Sands: Mining SCO Nigeria - Bonny Light Canadian Oil Sands: SAGD Dilbit Iraq-Basra…
Tailings Management Alberta law requires all land disturbed by oil sands operations be reclaimed, including tailings ponds Oil sands operators are working to meet the thresholds set out by the AER Industry and is working to…
Canada Oil Sands Innovation Alliance (COSIA) Accelerating the pace of improvement in environmental performance in Canadas oil sands through collaborative action and innovation COSIA Focus Areas: GHG, Land, Water, Tailings Shared…
The Oil and Natural Gas Industry A Key Driving Force in the Canadian Economy Industry will invest 71 billion in Canada in 2014 Largest single private sector investor in Canada Payments to governments average about 18 billion per…
Suppliers across Canada
Canadas Energy Development Energy Economy Environment 21