There are several scenarios that make people try to extract bitumen from the existing oil sands of the world, these scenarios are high oil prices, and the other is that there is a refusal by OPEC+ to increase oil production, however it is under this point that innovation and growing technological creativity is the protagonist to create a clean and safe technology to exploit the oil sands.
The incentive to implement new technologies to extract the oil sands is that oil sands are expensive to extract in the traditional way and are also highly polluting, especially considering the current pressures of climate change and global warming.
The technology used to exploit these bituminous sands is called CORT, which is a technology that is within the classification of oil recovery mechanisms and at the same time is within the non-polluting ones. Through this technology it is possible to convert the bituminous oil sands in a range of quality like crude oil, making it of high quality and avoiding soil contamination.
Conclusion
It is a current opportunity for oil markets to invest in this new technology, especially considering the high oil prices.
Oil sands fields around the world could benefit from this technology, even though it is a costly project, it can be leveraged for investment due to high oil prices.
Greetings @carlos84
The side effect of global warming has also led to some developed countries cutting out or limiting the use of fuel and eradicating burning of fossil fuel. This is one of the reasons the use of electric cars has been very rampant in some other developed countries. The best thing to do in this case is to find a means of researching more on the combusting properties of fuel utilisation such that the effect of global warming is reduced and this is why technological innovation is extremely important in this aspect.
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead ❤️💕❤️
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Certainly, technological advances help in many ways, but improving hydrocarbon production processes can help minimize the effects of global warming. Greetings and thank you for your valuable comment.
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Petroleum is the most precious energy resources if we have don't take some steps to save it it will be replenish soon in the coming future.
The green energy is the most important and best alternative for these as it will be environment friendly and can be generated again and again.
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I think elecric tech is being adopted quickly. So the green tech if used for the electricity generation that would be a good option. I am sure it wont be easy to see but in near future electricity out of green tech may be possible.
#affable #india
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It is certainly very likely that we will see this type of technology in the future, greetings and thank you for your valuable comment.
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