Nexen Oil Sands |

17/07/2015 · Nexen Energy apologized on Friday for an oil sands pipeline leak in the Canadian province of Alberta that is one of North America's largest-ever oil-related spills on land, and said its clean-up. CANADA’s Alberta province has brought eight charges against Nexen Energy after an on-site explosion killed two oil sands workers in 2016. The charges, made under Alberta’s Occupational Health and Safety Act, include failing to ensure the health and safety of the workers, and failing to ensure that compressor equipment was serviced in accordance with the manufacturer’s specifications. 21/08/2012 · CNOOC's planned $15 billion purchase of Canada's Nexen will make the Chinese state energy giant the operator of a major oil sands project for the first time, giving Beijing the expertise to be.

One of the largest leaks in Canada’s history spilled this week 5,000 cubic metres of emulsion — about 5 million litres of bitumen, sand and wastewater — from a Nexen Energy TSX, NYSE:NXY. China's CNOOC Ltd. has taken a step its competitors are loath to follow: shutting down an oil sands operation. Nexen Energy ULC, CNOOC's Canadian subsidiary, last week suspended operations at its. Nexen is an upstream oil and gas company responsibly developing energy resources in the UK North Sea, offshore West Africa, the United States and Western Canada. A wholly-owned subsidiary of CNOOC Limited, Nexen has three principal businesses: conventional oil and gas, oil sands and shale gas / oil. Nexen Inc.'s struggling Long Lake oil sands project is on the verge of breaking even, and should start churning out positive cash flow later this year. Nexen Energy ULC reported it will idle the Long Lake oil sands upgrader in Fort McMurray, Alta., by putting it into cold-stack mode. No date was given for when the upgrader would be returned to.

Earlier this year, PetroChina bought Athabasca Oil Sands Corp., giving China its first full ownership of an oil sands project. The Nexen deal takes things to another level. Our story starts in the Athabasca area in 1978 when we farmed in on leases held by Petro-Canada Suncor Energy Inc., CNOOC International formerly Nexen Energy and Esso Imperial Oil Ltd., to form what is referred to as the PCEJ group. Currently, these companies remain active in pursuing oil sands development in the region. The project, executed by a joint venture of Nexen Inc. and OPTI Canada Inc., is designed to produce premium synthetic crude oil from bitumen contained in the Alberta oil sands. Bitumen makes up 10 to 12 percent of the oil sand resource. The remainder is mostly sand and clays.

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