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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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