Manufacturing News from the Engineered Designer Perspective

BC refinery close to financing deal

David Black told the BC chamber of commerce that his company, Kitimat Clean Inc., is ready to sign a memorandum of understanding with Oppenheimer Investments Group of Switzerland to finance a new pipeline and oil refinery in Kitimat. The total investment in the project would be $25 billion. Of that, $16 billion would go to construction of the refinery.

oil-refinery-Kitimat-BC-bitumen-oilsands-pipeline-Enbridge-EDIWeekly
David Black believes that Canada should add value to natural resources like bitumen before exporting them. His proposed Kitimat, BC oil refinery would be one of the largest in the world, producing 550,000 bpd.

The refinery, which would be the largest on the west coast, and one of the largest in the world, is intended as an alternative to plans by companies such as Enbridge to ship unrefined bitumen to Asia. Black says that it is preferable to add value to natural resources before exporting them, and his refinery will do that. It will process 550,000 barrels per day of diluted bitumen from Alberta oil sands, according to Black’s speech, posted on his website. The refinery will be the first in the world to make use of a new technology developed by a Calgary company, he said. The process costs more, but reduces greenhouse emissions by 50 per cent per barrel, making this refinery the cleanest in the world, according to Black.

Black said that his company is making progress “on all fronts” and he expects most issues to be resolved within 60 days.

The government of BC has endorsed the proposed refinery. Premier Christy Clark praised the project for its job creation potential, but insisted that it must meet the five environmental and consultative conditions she has imposed on oil pipeline construction. She said that her government has been working with Black to secure a suitable site for the refinery.

The refinery could be operational by 2020.

Latest Stories

“I will destroy humans” says life-like robot: Elon Musk’s claim that artificial intelligence poses a threat to mankind may be justified?

“I will destroy humans” says life-like robot: Elon Musk’s claim that artificial intelligence poses a threat to mankind may be justified?

It may have been a glitch, but during a media interview, a “smart learning” robot named Sophia declared: “Okay, I will destroy humans.”     Although this was in response to an interview question from a journalist, it came across as a little jarringly frightening — rather than as the joke that might have been…

Smart winery? Environmental Health Monitoring Technology to boost plant production; pilot with Ontario winery with Bell in partnership with Huawei

Smart winery? Environmental Health Monitoring Technology to boost plant production; pilot with Ontario winery with Bell in partnership with Huawei

Bell announced a new partnership with Ontario-based BeWhere, an Internet of Things (IoT) solutions company, and China-based tech company Huawei, the world’s largest telecommunications equipment maker. Huawei worked with Bell to develop “an environmental monitoring solution to help improve the health and quality of plants at the vineyard.” Steve Lu, President of Huawei Canada said:…

$6.5 million Small Business Innovation Challenge to develop technologies in “Vehicle Occupancy Detection” and “Digital Identity”

$6.5 million Small Business Innovation Challenge to develop technologies in “Vehicle Occupancy Detection” and “Digital Identity”

Funded by the Ontario Government, the Small Business Innovation Challenge is helping companies develop new technologies in Vehicle Occupancy Detection — used to detect how many people are in an automobile for high occupancy toll roads (HOT) — and Digital Identity to help secure government services. To date, $6.5 million has been allocated, with $3.76…

Ontario launches Autonomous Vehicle Innovation Network in Stratford to highlight privonce as the “go to” for Autonomous tech

Ontario launches Autonomous Vehicle Innovation Network in Stratford to highlight privonce as the “go to” for Autonomous tech

Ontario is reinforcing its status as a go-to destination for developing automated vehicles by launching AVIN, the Autonomous Vehicle Innovation Network, in Stratford. This unique demonstration zone is among the first of its kind in Canada and will allow researchers to hone the technology and test an AV in a wide range of everyday, real-life…

GO Transit may deploy hydrogen-power rather than electric; consults with Canadian fuel cell technology company that worked on world’s first hydrogen-powered train

GO Transit may deploy hydrogen-power rather than electric; consults with Canadian fuel cell technology company that worked on world’s first hydrogen-powered train

  Canadian hydrogen generation and fuel cell products developer Hydrogenics Corporation will formally undertake feasibility study for GO Transit to potentially deploy hydrogen-powered trains for Ontario. These trains have aleady proven successful in Europe, using technology developed in Canada at Hydrogenics. The Ontario Government announced the consultation yesterday, as part of its $13.5 billion RER…

100,000 watt laser firing 10,000 pulses per second would “deorbit” tons of dangerous space debris

100,000 watt laser firing 10,000 pulses per second would “deorbit” tons of dangerous space debris

The Extreme Univese Space Observatory telescope, originally built to detect cosmic rays, could be used to target space debris in orbit. According to scientists, a powerful laser can then be used to de-orbit space junk that endangers the International Space Station and other satelites. The laser system would be armed with a 100,000 wat ultraviolet…

Women will represent 50% of leadership positions at Oath (AOL-Yahoo merger) says CEO Tim Armstrong

Women will represent 50% of leadership positions at Oath (AOL-Yahoo merger) says CEO Tim Armstrong

In a move toward equality and inclusivity, Oath CEO Tim Armstrong has announced a mission to fill at least half of the company’s leadership positions with women by 2020. He had the opportunity to discuss this mission in a recent episode of CNN’s Boss Files with Poppy Harlow.     The CEO of Oath —…

Latest Update on KRACK (Key Reinstallation Attack): the flaw in WPA2 protocal for WIFI systems

Latest Update on KRACK (Key Reinstallation Attack): the flaw in WPA2 protocal for WIFI systems

Belgian researchers, Mathy Vanhoef and Frank Piessens — who recently issued warnings concerning a bug in the WPA2 protocol, a widely used system for securing Wi-Fi communications — have made tools available to “detect whether an implementaiton of the 4-way handshake… is vulnerable to key reinstallation attacks.” Standard protocols, such as “changing the password” will…

Bill Gates betting we can invent our way to a clean energy world

Bill Gates betting we can invent our way to a clean energy world

One of the world’s wealthiest businessmen and philanthropists hopes to serve as a catalyst in finding speedier solutions to the world’s climate change problems. Bill Gates of Microsoft has teamed with Mark Zuckerberg and a dozen or so other billionaires and high-profile institutions to launch the Breakthrough Energy Coalition. Gates has pledged $2 billion of…

A cloaking device possible? Stealth technology studies virtual invisibility through “irradiating with its own specific pattern”

A cloaking device possible? Stealth technology studies virtual invisibility through “irradiating with its own specific pattern”

Every kid has dreamed of being invisible at some point. Whether that stemmed from the desire to escape awkward encounters or dreams of being a spy and finding dirt on those around us, we have all been there. While true invisibility may not be possible, a recent study claims that we may be closer than…

1 2 3 73Next →

Other Popular News and Stories

  • SPPCA's new landing gear facility opening in Mississauga
  • Canadian business, except energy, had profitable Q4: Statistics Canada
  • DART Aerospace re-branding itself to reach wider markets
  • Miners struggling with higher costs, lower prices
  • Canadian oil production up; producers turning to railways for shipment
  • Economy managed slight growth in Q4, but shrank in December
  • BC refinery close to financing deal
  • Skilled labour shortage in world oil industry: report
  • RV industry has growing role in Canada's economy: study
  • Bombardier nearly ready to flight test CSeries
  • Russian leasing company orders 42 CSeries jets from Bombardier
  • Japex to buy into west coast LNG development
  • Volkswagen to produce super-efficient hybrid
  • Bombardier holds update on CSeries aircraft
  • Pratt & Whitney Canada announces helicopter engine contracts
  • Clean energy expected to surge as pv costs drop
  • GM investing $250 million at Ingersoll plant
  • FTG Aerospace to supply avionics to Rockwell Collins
  • Canada keeping up pressure on US for Keystone XL approval
  • Manufacturing the sole industry showing job losses in February