A tar sands refinery in Alberta
Canadian oil sands producers agree to cut emissions
Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy will cut operational emissions of oil sands production
Firms operating 90pc of Canada’s oil sands production have announced a goal of reaching net-zero emissions from oil sands operations by 2050. Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy will together invest with the government in a carbon capture, utilisation and storage (CCUS) project to capture and store operational emissions. The proposed CCUS system will work in a similar way to the Northern Lights project in Norway, allowing multiple stakeholders to connect to the transport and storage infrastructure. “Canada, as one of the few jurisdictions with industrial-scale commercial CCUS projects in operation, coupled with Alberta’s abundant natural gas res
Also in this section
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
30 April 2025
State administrations are using a flawed metric to justify green energy projects
