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Extracting bitumen from tar sands—and refining it into products like gasoline—is significantly costlier and more difficult than extracting and refining liquid oil. Common extraction methods include surface mining—where the extraction site is excavated—and “in-situ” mining, where steam is used to liquefy bitumen deep underground. The largest deposits of tar sands are found in Alberta, Canada. In Situ Extraction. The majority of Alberta’s oil sands—about 90%—are too far below the surface to be quarried. Accessing the oil in these deposits requires a method of extraction that can work without having to remove the oil sands from the ground. Today several methods are in use that can do this. Based upon a detailed analysis of the physical and chemical properties of both the bitumen and the sand, a hot-water extraction process for Utah tar sands is currently being developed in our laboratories at the University of Utah. This process involves intense agitation of the tar sand in a hot caustic solution and subsequent separation of the bitumen by a modified froth flotation technique.
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Overview. ExxonMobil is one of the major crude oil producers and suppliers of natural gas in Malaysia. It operates under four production sharing contracts (PSCs) with the Malaysian national oil company, PETRONAS, producing about one-fifth of the nation’s oil production and about one-half of natural gas supplies to Peninsular Malaysia.
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Oct 11, 2018 3. Crude oil prices rose in anticipation of potentially steep declines in Iranian crude oil production and exports because of the reinstitution of US
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