Carbon & Sustainability
Imperial Oil gives OK to $720M renewable diesel project near Edmonton
Thursday, January 26, 2023, 7:02 PM MST
Imperial Oil Ltd. is going ahead with a $720-million project to build a renewable diesel facility at its Strathcona refinery…
Clean energy sets $1.1 trillion record that’s bound to be broken
Thursday, January 26, 2023, 6:49 AM MST
Last year was a double milestone for decarbonizing the world’s energy system. It was the first year when investment in…
New York City pension funds call for absolute GHG emission targets at RBC
Wednesday, January 25, 2023, 6:21 AM MST
New York City comptroller Brad Lander and three of the city's pension funds are offering shareholder proposals calling on several…
B.C. court tosses lawsuit alleging province broke rules to report emission targets
Thursday, January 19, 2023, 6:33 AM MST
A British Columbia judge has tossed out a lawsuit that accused the B.C. government of violating its own rules to…
Irving Oil refinery to use renewable natural gas made from food waste under new deal
Thursday, January 19, 2023, 6:14 AM MST
Irving Oil says it has teamed up with a renewable energy producer to supply its Saint John, N.B., refinery with…
BDC leads US$50M funding round for Calgary based lithium company
Wednesday, January 18, 2023, 6:11 AM MST
A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown…
Exxon’s climate projections were highly accurate, study says
Friday, January 13, 2023, 6:52 AM MST
A new study of Exxon Mobil Corp.’s own climate projections offers fresh evidence that the oil giant’s models accurately forecast…
How technology used by NASA on Mars could reduce emissions from oilsands
Friday, January 13, 2023, 6:07 AM MST
The same technology used to search for signs of ancient life on Mars could be key to reducing greenhouse gas…
China readies for reopening with huge quota for crude imports
Monday, January 9, 2023, 7:03 AM MST
China issued a generous quota for crude imports in a sign that its refiners are set to increase output as…
EPA to tighten nitrogen oxide limits for new heavy trucks
Wednesday, December 21, 2022, 6:14 AM MST
In a little over four years, new heavy truck makers will have to cut harmful nitrogen oxide pollution more than…
Imperial Oil plans $1.7 billion in capital spending in 2023
Tuesday, December 20, 2022, 6:57 AM MST
Imperial Oil Ltd. is planning $1.7 billion in capital spending for next year. The company says the plan includes a…
Big Oil investors call for more aggressive climate targets
Monday, December 19, 2022, 6:24 AM MST
Investors with combined assets of €1.3 trillion ($1.4 trillion) have demanded the world’s biggest oil companies take swifter action to…