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Canadian plans to transport oil as solid briquettes move forward

A Canada National Railway Co. train in Alberta. (credit: CN ) The Canada National Railway Company (CN) has spent years developing a product called CanaPux, in which thick bitumen crude oil from Canada's oil sands is mixed with a polymer to become a solid puck that can be transported with little fear of spills or fires. When the pucks reach their destination, the polymer is separated from the oil and can be sent back to the processing plant for reuse. Now, CN Innovations, the branch of CN that developed CanaPux, has found two partnering groups that are interested in building production plants to develop the pucks. One is a Chinese group seeking to export bitumen (the name for the low-grade heavy oil found in Canadian oil sands) to China, the other is a Canadian group wanting to export the stuff to South Korea and India, among other countries. The Canadian group in particular has been focusing on exporting bitumen for non-combustion purposes: heavy oil like bitumen is often used to pave and waterproof roofs, according to James Auld, the project lead for CanaPux at CN. Auld told Ars on Monday that a 10,000 barrel-a-day CanaPux production plant would cost about CAN$50 million (US$37.6 million) to build, not including a facility at the other end of the transportation chain that would de-polymerize the briquettes of oil. The two groups looking to build CanaPux plants are eyeing plants that could process between 10,000 and 50,000 barrels per day. Read 12 remaining paragraphs | Comments

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Profile of Joe Liemandt, founder of software company Trilogy and PE firm ESW Capital, which buys US software firms and replaces staff with cheap…

Nathan Vardi / Forbes : Profile of Joe Liemandt, founder of software company Trilogy and PE firm ESW Capital, which buys US software firms and replaces staff with cheap overseas talent   —  rom an office suite on the 26th floor of the iconic Frost Bank Tower in Austin, Texas, a little-known recruiting firm called Crossover …

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Behind Microsoft’s Airband Initiative as it partners with small ISPs, like Michigan’s PackerLand, to deliver internet to rural homes using existing TV…

Mike Murphy / Quartz : Behind Microsoft's Airband Initiative as it partners with small ISPs, like Michigan's PackerLand, to deliver internet to rural homes using existing TV towers   —  “You see that hill over there beyond the tree line?  That's Canada."  —  Pointing northwest, Steve Mason leads me and Cory Heigl …

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Inside US law enforcement’s hunt for British ISIS hacker Junaid Hussain, who used Twitter and other tools for spreading online propaganda and…

John P. Carlin / Politico : Inside US law enforcement's hunt for British ISIS hacker Junaid Hussain, who used Twitter and other tools for spreading online propaganda and recruiting   —  How a British hacker joined ISIS's top ranks and launched a deadly global cyber plot.  —  This text is excerpted from the book Dawn of the Code War …

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Profile of Mike Novogratz, whose merchant bank Galaxy Digital has raised $242M on Toronto Venture Exchange in August and is a major investor in crypto…

Hannah Murphy / Financial Times : Profile of Mike Novogratz, whose merchant bank Galaxy Digital has raised $242M on Toronto Venture Exchange in August and is a major investor in crypto startups   —  Mike Novogratz keeps crossing his fingers that this year's bitcoin crash, which has seen the cryptocurrency lose three-quarters …

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UK parliament seizes documents, first obtained in a US civil case, allegedly shedding light on Facebook policies that led to the Cambridge Analytica…

Carole Cadwalladr / The Guardian : UK parliament seizes documents, first obtained in a US civil case, allegedly shedding light on Facebook policies that led to the Cambridge Analytica scandal   —  Parliament has used its legal powers to seize internal Facebook documents in an extraordinary attempt to hold the US social media giant …

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