That's well before the completion of a massive carbon capture and storage transportation line that has been proposed for the Canadian oilsands, the company says.
New federal research suggests greenhouse gas emissions from the Alberta oilsands may be significantly underestimated, adding to a growing pile of studies that say our understanding of what is going into the atmosphere is incomplete.
Alberta's new climate plan drew criticism this week for its lack of interim emissions reduction targets, but proponents of carbon capture and storage technology say it's important to be realistic about how quickly major projects can be deployed.
Shareholders of Canada’s large oilsands companies took home three times more money last year than in 2019, according to a new analysis, while those same companies asked for more taxpayer money to invest in their climate pledges.
In a recent op-ed, McKenna — who serves as the UN’s greenwashing expert — said Canadian oilsands companies are greenwashing themselves and responsible public policy must address increasing emissions from the sector.
Cenovus Energy Inc. chief executive Alex Pourbaix will step down from his CEO role later this year to devote more time to his evolving role as an outspoken champion of Canada's oilsands industry and its decarbonization ambitions.
London-headquartered bank Barclays announced it will stop financing oilsands projects Wednesday in its annual report, marking another win for shareholder activists.
By betting it can solve its emissions problem with carbon capture and storage, Canada's oil and gas industry risks saddling itself with expensive stranded assets, a new report argues.
Alberta is preparing to change how it ensures oilsands companies are able to pay for the mammoth job of cleaning up their operations, but critics fear a year of consultations hasn't been enough to avoid repeating past mistakes.
