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Firebag

Suncor, Shell, Partners Test Water Treatment, Recycling Tech

Suncor Energy and five industry partners have announced a $165 million funding commitment to sanction the construction of a dedicated Water Technology Development Centre (WTDC) to test water treatment and further develop recycling technologies. Partner companies include Canadian Natural Resources, Devon Canada, Nexen Energy ULC, Shell Canada Energy and Husky … Read more »

Oils Sands Industry Unlikely CO2 Recycling Champion

The Canadian oil sands industry, long held up as a pariah by the environmental movement, has recently been the source of a flurry of financial and technical assistance for recycling carbon emissions, The Guardian reports. The impetus for such a seemingly counter-intuitive move appears to be financial, according to the … Read more »

S&P Warns of Credit Downgrade for BP, Shell, Others

Oil and gas companies including BP and Shell will likely see declines in cash flows and credit downgrades if world leaders implement policies to limit GHG emissions, according to a study by Carbon Tracker and Standard & Poor’s. What A Carbon-Constrained Future Could Mean For Oil Companies’ Creditworthiness looks at … Read more »