Most of the flurry of carbon capture, utilization and storage (CCUS) projects announced over the past three months in Alberta have one thing in common: a large-scale ramp up in blue hydrogen production.
July 15, 2021, 8:24 AM MDT
All the moments of great turmoil in global energy in the last century pale in comparison to the events of last year, when a global pandemic crushed oil demand, sparked the largest global recession since the Second World War and set carbon emissions back to 2011 levels, said BP plc in its annual Statistical Review of World Energy.
July 8, 2021, 4:10 PM MDT
A string of announcements of new carbon capture, utilization and storage projects that could represent tens of millions of tonnes of CO2 sequestration, and tens of billions of dollars worth of investment in the years ahead, have thrown the CCUS ball back into federal and provincial lawmakers’ court.
June 29, 2021, 8:11 AM MDT
As Canada embarks on a three-month consultation process to define the provisions of a promised investment tax credit to promote CCUS — one climate policy initiative all parties appear to agree is a priority — there are plenty of examples to draw on.
June 29, 2021, 9:05 AM MDT
Carbon capture, utilization and storage (CCUS) is no longer the main preserve of its birthplace in North America.
June 28, 2021, 6 AM MDT
While Canada largely rested on its CCUS laurels, multibillion-dollar carbon capture, utilization and storage (CCUS) projects were announced from Europe to the Middle East and Asia over the past year, even as the U.S., aided by newly improved tax incentives and in some cases Canadian technology, remained the undisputed leader in both completed and planned CCUS projects.
June 24, 2021, 6 AM MDT
Virtually every scenario to get to net-zero greenhouse gas emissions by mid century relies on carbon capture, utilization and storage (CCUS) to get there.
June 24, 2021, 6 AM MDT
A new net-zero greenhouse gas emissions world is changing the game across all segments of the economy, and leading to the creation of entirely new sectors. One sure to play a larger role in the lead up to 2050 will be carbon capture, utilization and storage (CCUS).
June 23, 2021, 6 AM MDT
Having largely combined operations with Seven Generations Energy Ltd. to become Canada’s largest pure-play Montney producer and sixth biggest upstream oil and gas company, ARC Resources Ltd. plans to begin development of Attachie West Phase 1 later this year.
May 28, 2021, 8:22 AM MDT
The International Energy Agency’s (IEA) first in-depth study into pathways for reducing emissions from the energy sector to reach net-zero greenhouse gas emissions by 2050 proposes that no investments in new fossil fuel supply projects be committed beyond 2021.
May 18, 2021, 7:49 AM MDT
While the International Energy Agency’s (IEA) Net Zero by 2050 roadmap published today offers a potentially existential threat to the oil and gas industry, it does posit some avenues forward for companies that can pivot to the energy sources of the rapidly changing future.
May 18, 2021, 11:36 AM MDT
Given the improvement in commodity prices and the expectation of a post-pandemic economic recovery, Pembina Pipeline Corporation said it anticipates a return to its traditional growth trajectory by 2022.
May 7, 2021, 1:39 PM MDT
Climate policy action abroad could reduce global demand for fossil fuels and, by extension, prices. And because all of these drivers are fully outside of Canada’s control, Canada’s oil and gas sector could face significant challenges independent of any domestic choices, according to a recent report.
May 5, 2021, 6 AM MDT
With market conditions for oil and gas producers continuing to improve during the first months of 2021 and positive construction progress on oil pipeline egress, International Petroleum Corporaton (IPC) is ready to capitalize on Canadian acquisitions and ramp up production if momentum continues.
May 5, 2021, 1:06 PM MDT
Canada’s goal to reach net zero greenhouse gas emissions by 2050 is not only achievable, but there are many different possible avenues to pursue to get there, according to the Canadian Institute for Climate Choices.
May 3, 2021, 6 AM MDT
Wild winter weather from Texas to Siberia to Western Canada dampened Calfrac Well Services Ltd.’s revenues in the first quarter, costing millions in suspended operations and higher input costs.
April 30, 2021, 10:31 AM MDT
The Quest carbon capture and storage project built near Edmonton, with almost $900 million in government subsidies, permanently sequesters just over a million tonnes of carbon dioxide annually.
April 23, 2021, 10:53 AM MDT
As commercial SAGD production enters its 20th year of production in northern Alberta, solvents are emerging as the next commercial advance to tackle the sector’s high emissions intensity bitumen production while cutting costs.
April 15, 2021, 12 AM MDT
Suncor Energy Inc. is well on its way to fully automating its 150-vehicle heavy hauler fleet in what will be the biggest investment in the autonomous trucks the world, while advancing its end pit lake mine tailings containment solution, said Jon Mitchell, vice-president, sustainability.
April 15, 2021, 12 AM MDT
On the heels of an aggregate total funding of $14.3 million through three capital raises over the past four months, E3 Metals Corp.’s primary focus is to demonstrate the continual scale-up of its proprietary oilfield brine lithium extraction technology as it drives toward commercial production in 2024-2025.
April 9, 2021, 10:32 AM MDT
Canada is now one of more than 72 countries that have committed to net zero emissions by 2050. And one way or the other, that means big changes to the oil and gas industry that today is incompatible with that goal, according to David Layzell, Energy Systems Architect - The Transition Accelerator.
March 25, 2021, 6 AM MDT
If Canada is to reach its net-zero greenhouse gas emissions target in 2050, it will need to rely in part on hydrogen to get there, according to some hydrogen specialists.
February 22, 2021, 12 AM MST
S&P Global Ratings’s warning last week of pending oil company credit ratings cuts — which includes Canadian oilsands companies — is just one more indication the world is changing rapidly, and Canada needs to get on board, according to Natural Resources Minister Seamus O’Regan.
February 2, 2021, 12 AM MST
When PETRONAS joined the growing crowd of oil companies pledging deep emissions cuts in November, its reasoning went deeper than falling into line with peers.
February 1, 2021, 5:02 AM MST
Decarbonization of the electric grid via clean energy resources such as solar and wind is recognized as a relatively easily managed transition — at least until penetration reaches over roughly 80 or even 90 per cent. After that, the variability of renewables — which run out of power in dark and windless periods — can become an issue.
January 18, 2021, 6 AM MST