Americas > Fossil fuel producer partners with Canada Growth Fund to launch CCS projects in country’s oil sands

Fossil fuel producer partners with Canada Growth Fund to launch CCS projects in country’s oil sands

Published 03:12 on July 11, 2024  /  Last updated at 03:14 on July 11, 2024  /  Americas, Canada, Carbon Taxes, Voluntary

An oil and gas producer has entered into a strategic partnership valued at up to C$2 billion ($1.47 bln) with the Canada Growth Fund (CGF) to develop carbon capture and sequestration (CCS) infrastructure across its steam-assisted gravity drainage (SAGD) oil sands facilities in Saskatchewan and Alberta.
An oil and gas producer has entered into a strategic partnership valued at up to C$2 billion ($1.47 bln) with the Canada Growth Fund (CGF) to develop carbon capture and sequestration (CCS) infrastructure across its steam-assisted gravity drainage (SAGD) oil sands facilities in Saskatchewan and Alberta.


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