Dateline City:
CAMBRIDGE, Mass.
A shift away from new upgrading and refining projects allows the limited number of oil sands workers to be deployed on new production projects where economic benefits can be greater.
(March 27, 2013) – Given the challenging market conditions that bitumen processing facilities face, shipping oil sands directly to market as heavy crude may have greater economic benefits than building new upgrading facilities that locally process oil sands bitumen into lighter synthetic crude oil (SCO) or refined products, a new IHS study says.
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