Oil Sands to Clean Oil
To achieve a Fundamental shift in the Oil Sands Industry by converting bitumen to Clean Oil
with "best in class" environmental performance
in an economically competitive way.
VCG proprietary technology scheme enables upfront De-carbonization and Partial Decontamination of bitumen very selectively and cost effectively. This drastically simplified the subsequent Upgrading and Refining technology complexities and severities, leading to step-changes in capital cost, operating / energy costs, and consequently GHG emission.
VCS Upgrading produces High Quality Medium Crudes that best-fit Conventional Conversion Refineries, by far the majority of global refineries.
VCS Upgrader can be readily adopted to produce Premium Fuel Products ( e.g. IMO 2020, very High Cetane Diesel ) with fast growing demands , most cost competitively.
VCS Technologies provide the following benefits to the Oil Sands Industry:
De-Carbonize Bitumen UPFRONT, leading to Drastic Simplification, and Capex/Opex Savings (and GHG Reduction),
Increase Market Diversification as COLF can be processed by majority of the world's refineries
COLF eliminates the need for diluent thus Debottlenecking existing pipeline infrastructure
COLF is a higher value product with no associated diluent costs thus enhancing value to producers
VCS is implementing merchant upgrading and specialty refining facilities with licensed technology from VCI. The first commercial complex, located in the Alberta Heartland is a "shovel ready" project, called VCS-H.
VCS-H will provide a cost effective means to convert bitumen into high value products in an environmentally responsible manner.
The Complex has a very simple, yet, elegant process configuration, which is made possible by VCI’s proprietary technologies and upfront De-carbonization.
VCI's technologies implemented in the VCS-H Complex are:
ADC™ - De-Carbonization step
COC™ - Thermal Cracking step
WRHP™ - Hydrocracking step
These technologies constitute a powerful combination for producing premium products.
VCS-H is located in the Alberta Heartland near key logistics hubs that provide access to pipelines, utilities, rail and road access.
VCS-H, has adequate land holdings to expand the complex to process over 500,000 BPD
Alberta: Oil Sands - Clean Oil Industry
October 24, 2019
Alberta Government announced the cancellation of the Funding Programs for Partial Upgrading and Refining.
The Government has, however, recommended Value Creation Group (“VCG”) to pursue a separate new program which, in fact, could better serve our alliances.
First Nations-Value Creation Group Alliance
September 9, 2019
Athabasca Chipewyan First Nation, Chipewyan Prairie First Nation, First Nation #468, and Value Creation Group jointly announce an Alliance Agreement, targeting to reach a Definitive Business Agreement within Q4 2019.
The Alliance Partners will jointly work with Government and Industry, to bring to fruition VCG’s Mission :
to transform [ Oil Sands to Clean Oil Industry ]
– Economically , Competitively and Sustainably, while Unearthing Huge ( latent ) Global Markets.
The alliance will extend beyond the first 3 First Nations.
VCS - Heartland Upgrader - Refinery
July 30, 2019
VCS is considering an enhanced commercialization option ( in due consideration of potential market interests and based on business development efforts of the company ) to:
Accelerate the project implementation of the VCS – Heartland Complex up to the full approved capacity of 188 kbpd ( instead of the previously planned 77.5 kbpd, as Phase 1 ).
Broaden its Product Portfolio to provide Clean, Premium Crudes and High Quality / Value Specialty Products