Highlights Suncor cites need to reduce emissions, invest in CO2 storage Enbridge, Capital Power evaluating new carbon capture project Canadian oil production is back on the rise from the pandemic and efforts are ongoing to invest more in emissions reduction, carbon capture and more in order to make the industry better mesh with the ongoing energy transition and undo the longstanding reputation of the dirty oil sands.
Suncor Energy CEO Mark Little acknowledged the Alberta oil sands account for about 10% of Canada’s overall greenhouse gas emissions and that more must be done. That is why there are stricter methane and flaring regulations and a big push to develop more carbon storage hubs in Alberta and beyond where the geography is favorable. Speaking Dec. 7 at the 23rd World Petroleum Congress in Houston, Little highlighted the building […]