Next Big Step For Oilsands: Solvent-Based Projects Inch Forward

While solvent injection or co-injection with steam is viewed as “the next substantial step” for the oilsands industry to improve efficiency, reduce GHG emissions and increase recovery, the pace of development has been slow “due to a hesitation to push too aggressively, given the capital outlays and uncertainty on the economics,” particularly in current market conditions, according to analysts with Peters & Co Limited.

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