Petroleum

BP faces protest over oil sands development

We need to pay attention to this brewing issue at BP. Toledo is supposed to be one of the main, mainland processors of oil sand crude and if there already is shareholder concern, what will happen to the future of the refinery in Oregon especially after they spend lots of money to convert it to process oil sand crude? If the Oregon plant is converted and BP pulls out, will it be rendered useless and close down? We will have to watch this.
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Toledo refinery to get 2.5 billion dollar re-tooling

From the Financial Post:
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Plans for Sunrise call for a steam-assisted gravity drainage project, where steam is pumped into the earth to loosen up the tarry bitumen in the oil sands so it can be pumped to the surface in wells.

Husky and BP also co-own a refinery in Toledo, Ohio, which is targeted for US$2.5-billion of retooling work so it can run the oil sands-derived crude.

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