The project is being developed in three phases with the first phase completed mid-2013. 8 billion, with the final estimate being highly dependent on the final upgrading option selected. Later revisions place the actual oil and gas project management pdf reserves at over 5.
Leases 6 and 87, in which Imperial holds 100 percent of the mining rights. They argued that a full environmental review must take place before the federal government decides whether the project should proceed. After a joint federal-provincial panel reviewed and upheld the original decision, a key water permit was reinstated, pending approval from Imperial’s board of directors. Delayed again in response to the 2008 fall in oil prices, Imperial Oil decided in May 2009 to proceed with the project, taking advantage of the soft local economy to cut costs. Idaho and Montana to the Kearl Oil Sands Project. This page was last edited on 7 December 2017, at 17:16. This article is about Exxon Mobil Corp.
In 2008, this was approximately 3 percent of world production, which is less than several of the largest state-owned petroleum companies. When ranked by oil and gas reserves, it is 14th in the world—with less than 1 percent of the total. 21 countries constituting a combined daily refining capacity of 6. Standard Oil since its incorporation in 1870. Alaska, widely considered to be one of the world’s worst oil spills in terms of damage to the environment. 1870 as the Standard Oil Company of Ohio. In 1882, it together with its affiliated companies was incorporated as the Standard Oil Trust with Standard Oil Company of New Jersey and Standard Oil Company of New York as its largest companies.