Wednesday, June 13, 2012

Oil sands firms test alternative way to tap bitumen

Globe and Mail: When a group of Harris Corp. employees in Florida began working to develop new technologies for the oil sands industry, they got off to a shaky start. In their first brainstorming session, they pronounced bitumen, the tar-like substance in the oil sands that is transformed into crude, "by-TOO-men." Harris went on to form a consortium with Nexen Inc., Suncor Energy Inc., and privately held Laricina Energy Ltd. The group said Tuesday it has field-tested a new extraction method that holds the potential...

URL: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/oil-sands-firms-test-alternative-way-to-tap-bitumen/article4253984/

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