Imperial Oil invests $560mn in Canadian low-carbon diesel facility
The firm will use blue hydrogen produced by Air Products alongside biofeedstock
Canadian oil sands producer Imperial Oil will invest C$720mn ($560mn) into a planned low-carbon diesel facility at its Strathcona refinery in British Columbia. The project is expected to produce more than 1bn l/yr of diesel from locally sourced biofeedstock and blue hydrogen supplied by industrial gases firm Air Products. Air Products is developing a blue hydrogen facility in Edmonton in Alberta, which is expected to come onstream in 2024. Half of the project’s output has been contracted to supply Imperial’s Strathcona facility. Imperial plans to start producing the low-carbon diesel—which will be sold as a premium product—in 2025. The firm expects the facility to enable the Canadian transpo
Also in this section
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
11 November 2024
Presidency wants declaration from the talks to include specific measures on enabling hydrogen markets