The last two years saw Simons working with the company as an external consultant, helping to run its UK pilot plant for the conversion of heavy oil and bitumen to synthetic crude
oil in a commercial scale unit.
ConocoPhillips has had to reduce production at its 140,000 bpd Surmont thermal plant because it uses light synthetic crude
from Syncrude, one of the largest producers in Canada's oil sands, to dilute tarry bitumen into a heavy blend that can flow through pipelines.
Turning Shale Oil Into Synthetic Crudes
, Fuels, Aromatics & Metals: Important Japanese and South Korean consortia have been brought in to develop Uzbekistan's shale oil reserves and turn parts of them into synthetic crude
oils, fuels, aromatics and metals.
Junin 6's is a multi-billion dollar integrated project which is to include an expensive upgrader to turn the bituminous oil into synthetic crude
According to Royal Dutch Shell plc it explores for and extracts crude oil, natural gas and natural gas liquids; converts natural gas to liquids to provide fuels and other products; markets crude oil and natural gas; transports and liquefies gas; As well as extracts bitumen from mined oil sands and converts it to synthetic crude
Processes to manufacture liquids including a synthetic crude
oil and products like methanol made from gas have long been known and are done elsewhere commercially.
Reliance has the biggest refinery in the world and they very much like synthetic crude
because they can develop a lot more products.
OTCBB: CABN), the developer of a breakthrough technology to make liquid transportation fuels from natural gas and carbon dioxide, has launched CarbonCrude, the company's version of an ultra-clean and environmentally friendly synthetic crude
The firm has a technology that converts unused gas from oilfields into synthetic crude
PDVSA is offering companies up to 40% stake in each of the three projects, that could each produce around 400,000 barrels per day of tar-like oil and turn it into lighter synthetic crude
through special upgrading facilities.
The company is currently testing technology developed by Plas2Fuel, a Kelso, Washington, alternative energy company, that created the process of converting plastic into high-value, synthetic crude
Tar sands production "is incompatible with meeting (Canada's) Kyoto commitments to reduce greenhouse gases," said the Kairos study, adding that the process of extracting oil and upgrading bitumen into synthetic crude
oil "consumes a huge amount of water and natural gas.