Energy Singularity
Selected information on refinery & chemical plants and market information in the energy industry. News that matters.
Technology articles on mankind's race towards energy singularity. A perspective.
 

 

Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.

06 December 2010

PTT Acquired Canadian Shale Oil from Statoil

PTT Exploration & Production PLC, has recently acquired 40% stake in Kai Kos Dehseh oil sands project from Statoil worth US$4.3 billion of recoverable bitumen capable at extraction rate of 10,000 bpd of bitumen.

The acquisition means PTT is in a new playfield of breakthrough shale oil extraction which will allow the company to build technlogical capability in that shale oil area.

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