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...heavy oil will cost $10 to $20 less than light crude, making it impractical for any producer to develop. The new technology uses existing industrial technology to break down the heavy oil as it's pumped out of the ground, producing an oil that...
http://peninsulaclarion.com/news/2012-01-22/science-could-hold-key-to-longer-pip
News
...Campbell said the project demonstrates BP Amoco's commitment to developing North Slope natural gas. Gas-to-liquids technology uses chemical processes to convert natural gas to a stable liquid fuel. If the new process proves viable, he said, BP...
http://www.peninsulaclarion.com/stories/062700/new_0627000002.shtml
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