Syncrude definition

Syncrude means, collectively, the Syncrude Joint Venture and the Syncrude Project;
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Syncrude or the "Syncrude Project" means the joint venture that was formed for the recovery of oil sands, crude bitumen or products derived therefrom from the Athabasca oil sands, located near Fort McMurray, Alberta;
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Syncrude means Syncrude Canada Ltd.;
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Examples of Syncrude in a sentence

  • Oil Sands operations, Fort Hills and Syncrude cash operating costs are reconciled in the Segment Results and Analysis – Oil Sands section of this document.

  • Canadian Oil Sands accrues its obligations as a joint venture owner in respect of Syncrude Canada’s employee benefit plans and the related costs, net of plan assets.

  • Oil Sands operations and Syncrude production volumes are gross of internally consumed diesel and feedstock transfers between assets through the interconnecting pipelines.

  • Crown royalties include amounts due under the Syncrude Royalty Amending Agreement with the Alberta government.

  • Employees transported to the Syncrude Aurora site, or the CNRL sites, or the CNOOC site, from Ft. XxXxxxxx will be entitled to receive the current inconvenience allowance being paid by the appropriate Client.

  • The Syncrude owners and the Alberta government continue to discuss the basis for reasonable quality, transportation, and handling adjustments but if such discussions do not result in an agreed upon solution, either party may seek judicial determination of the matter.

  • Suncor acquired COS to benefit from operating synergies and economies of scale expected from combining the two companies' ownership interests in Syncrude.

  • Canadian Oil Sands and each of the other Syncrude owners are liable for their share of ongoing environmental obligations related to the ultimate reclamation of the Syncrude properties on abandonment.

  • On February 23, 2018, Suncor completed the purchase of an additional 5% working interest in the Syncrude project from Mocal Energy Limited for $923 million cash.

  • Pembina is the sole transporter of crude oil for Syncrude Canada Ltd.


More Definitions of Syncrude

Syncrude means those hydrocarbons, having a chemical composition substantially consisting of molecules with five or more carbon atoms each, produced using Licensor Technology in the practice of the Conversion Process at a Licensed Plant.
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Syncrude means the Syncrude joint venture;
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Syncrude means the Project Owners of the Syncrude Project from time to time;
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Syncrude that results from the Syntroleum(registered trademark) Process is free from sulfur, metals, aromatics, nitrogen, salt and other impurities that may be found in crude oil. These and other characteristics make the Syncrude a valuable blending stock for upgrading natural crude oil products.
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Related to Syncrude

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  • Fuel means any solid, liquid or gaseous combustible material;

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  • LNG means liquefied natural gas.

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  • Ethanol means a high octane gasoline blend stock that is used to make various grades of gasoline.

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  • Inert ingredient means an ingredient which is not an active ingredient.

  • API means the American Petroleum Institute.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

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