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Study: Improving energy efficiency, reducing emissions would save money for oilsands producers

from Folio

Study: Improving energy efficiency, reducing emissions would save money for oilsands producers Folio Investment in new energy-efficient, greenhouse gas mitigation strategies by oilsands producers could net them some important profits, according to a model developed by a research group at the University of Alberta. Engineering professor Amit Kumar and his team investigated 15 strategies covering all areas of the oilsands sector — in situ extraction, upgrading and surface mining — and found that each strategy could financially benefit oil sands extraction operations. READ MORE

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