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.
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.
Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn't a place to invest that money yet.
When the federal government inevitably refuses Jason Kenney's demand for a blank cheque worth more than $30 billion, we’ll get the usual mixture of victimhood and grievance-mongering, writes columnist Max Fawcett.
Alberta suspended environmental monitoring for oilsands companies without notifying the Northwest Territories, despite a legally binding agreement to do so.
Oilsands companies are restoring thousands of barrels of daily production to take advantage of higher oil prices as relaxed pandemic measures allow North American consumers to get back on the road.
