How Does Heavy Oil Form? The formation of heavy oil and bitumen, like other forms of petroleum, originated with plant life millions of years ago. When the plants and small organisms (plankton ...

Potholes are a constant source of frustration for drivers and a financial sinkhole for governments, demanding constant repairs and extensive labor. In recent years, researchers have been exploring ...

Alberta’s government is moving ahead with plans to allow oil sands producers to pay their royalties in bitumen, letting it turn around and sell those barrels in a major expansion of the government’s ...

The province has announced it will collect bitumen royalties in the form of the heavy oil itself, as opposed to cash.

The widespread use of petroleum-based asphalt binders in the construction industry is accompanied by high material costs due to the volatility of the petroleum market and negative environmental ...

Petrosil AMEA Conference Connecting the Dots in Global Bitumen, Base Oil, Lubricants & Logistics Markets BANGKOK, TH ...

The APMC is Alberta's commercial oil and gas agency, responsible for marketing the province's resources. With the APMC now ...

The Alberta government says Premier Danielle Smith has been in talks with a multinational oil and petrochemical player about selling two million barrels per month of province-owned heavy oil. It said ...

The Government of Alberta has announced it will now collect bitumen royalties in-kind (BRIK) in addition to conventional ...

It can then sell that crude via its commercial oil and gas agency, the Alberta Petroleum Marketing Commission. The Alberta ...