New Energy research report from GlobalData is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 12/07/2012 -- "Oil Sands Industry in Canada - Market Analysis, Competitive Landscape and Production Forecasts to 2020" is the latest report from GlobalData, the industry analysis specialist. The report provides an overview of the oil sands industry in Canada and analyses some of the major drivers and challenges, project economics of oil sands projects, historic and projected bitumen and synthetic crude production, some of the major existing and planned oil sands projects, financial deal activity, and the competitive landscape in the industry.
The report has been compiled using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData's team of industry experts.
View Full Report Details and Table of Contents
Canada is one of the largest countries in the world in terms of proved oil reserves and was ranked third in the world in terms of proved oil reserves at the end of 2011. It had 175.2 billion barrels (bbl) of proved oil reserves at the end of 2011, of which 169.2 billion bbl of reserves were available as oil sands. This is expected to play a major role in ensuring the world's future energy security.
This report analyzes the oil sands industry in Canada, including major drivers and challenges, competitive landscape and forecasts to 2020. The report primarily focuses on -
- Drivers and challenges in the oil sands industry
- Key existing and planned oil sands projects in Canada
- Bitumen and synthetic crude production and forecasts until 2020
- Heavy oil upgrader capacity and forecasts until 2020
- Financial deal activity
- Key companies
Canada Oil Sands Continue to Gain Global Attention
Canada holds the largest crude oil deposits outside the Middle East, most of which are in the form of oil sands, and are expected to play a major role in supplying the world's future energy requirements, states a new report by energy experts GlobalData.
The new research* states that Canada is one of the leading countries in the world in terms of proved oil reserves, with 175.2 billion barrels (bbl) of proved oil reserves at the end of 2011, out of which 169.2 billion bbl of reserves were available as oil sands. Development of the oil sands industry in Canada will continue to be spurred on by the continuous growth of global oil demand and high crude oil prices, as oil sands projects once seen as economically unviable are now being considered profitable. The favorable business and political climate in Canada, and continuous technological advancements are also set to support industry growth.
Oil sands are essentially bitumen, an extra-heavy crude oil, mixed with sand, water, and clay, or other minerals. Bitumen is so viscous that it cannot be pumped or flow without heating or dilution, and needs treatment before undergoing processing in refineries.
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