The emissions intensity of all oil sands sites fell to the equivalent of 0.399 metric tons of carbon dioxide per cubic meter of bitumen produced, down from 0.404 in 2022, the data show.

Canada said on Thursday it was close to unveiling long-delayed rules on greenhouse gas emissions from the oil sands, a move that could help persuade U.S. skeptics that Ottawa is serious about ...

Moves: Ontario Municipal Employees Retirement System has named a new head of venture-capital investing, promoting Saar Pikar ...

Oil sands operations, including extraction and processing, are responsible for 4 percent of Canada's greenhouse gas emissions, and that's expected to triple to 12 percent by 2020.

CAPP said in May that Canada's oil and gas industry could lose US$55 billion (C$75 billion) in upstream investment by 2035 if the federal government implements the stringent 40% emissions cap from ...

Canada is the world's fourth-largest oil producer and sixth-largest natural gas producer. Ottawa said oil and gas production is still expected to grow 16% from 2019 levels by 2030-2032 even with ...

In the plan expected to be published in detail later on Monday, the government would be seeking to force oil and gas producers to have their emissions decline by 35% compared to 2019 levels ...

Meanwhile, fossil-fuel emissions rose, “consistent with a 242% rise in crude bitumen and synthetic crude oil production from Canada’s oil sands operations,” the report notes.

The proposed Emissions Cap Regulations, which follow the Regulatory Framework to Cap Oil and Gas Sector GHG Emissions initially introduced by the federal government in December 2023, propose a cap ...

Canada announced new rules to reduce greenhouse gas emissions on Monday, targeting future oil sands facilities and power plants, in a plan immediately derided by environmentalists as too little ...

Meanwhile, fossil-fuel emissions rose, “consistent with a 242% rise in crude bitumen and synthetic crude oil production from Canada’s oil sands operations,” the report notes.