Published by Todd Bush on November 11, 2022
CALGARY, Alberta, Nov. 10, 2022 (GLOBE NEWSWIRE) -- The Pathways Alliance, representing Canada’s largest oil sands producers, has released additional details on plans to progress innovative technologies to reduce emissions, as part of its unprecedented multi-phased plan to achieve the goal of net zero by 2050.
>> In Other News: Asahi Kasei Starts Construction of Alkaline Water Electrolysis Pilot Test Plant for Hydrogen Production in Kawasaki, Japan
The list of technologies underscores the Alliance’s collaborative work to help Canada achieve its climate commitments, which is being showcased as part of the official Canadian delegation to the United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt.
“Oil sands companies are advancing new and existing technologies with a range of leading national and international research and development organizations, unlocking new approaches to significantly reduce CO2 emissions,” said Kendall Dilling, president of the Pathways Alliance.
“Leading-edge technology is one of the most important tools we possess to reduce emissions on a global scale and Pathways Alliance companies have a long track record of world-class research and development (R&D) investments to build on. We look forward to a healthy exchange of ideas with delegates from around the world at COP27.”
Pathways Alliance has pooled scientists, engineers, and other experts from the member companies to execute its plan to reduce absolute CO2 emissions by 22 million tonnes by 2030 and to net zero by 2050. Over and above the construction of a foundational carbon capture network and storage hub by 2030, these industry experts are focused on developing the next generation of GHG-reducing technologies.
Technologies prioritized for Pathways Alliance collaboration and acceleration are:
Carbon Capture and Storage (CCS). Pathways is currently advancing several CCS technology development projects, including:
Natural Gas Decarbonization and Hydrogen Use to remove a high percentage of carbon from natural gas streams prior to combustion in oil sands facilities. Pathways members are currently:
Steam reduction technologies to reduce the need for steam in bitumen production.
The Pathways technology development plan also includes work on several other key technologies needed to achieve net zero by 2050 including:
With anticipated co-funding support from Canadian governments, Pathways Alliance recently announced plans to invest $24.1 billion before 2030 in the first phase of its plan.
Approximately $16.5 billion will support a proposed carbon capture and storage network in northeastern Alberta that, when constructed, will be among the largest facilities in the world. Another $7.6 billion investment is planned on major emissions reduction projects and technologies.
Between 2012 and 2021, Pathways Alliance’s six member companies invested more than $10 billion on R&D on various technologies. Some of these have helped the industry reduce per barrel CO2 emissions by about 20% between 2009 and 2020, according to S&P Global.
Formed in 2021, Pathways Alliance is a collaboration between Canadian Natural, Cenovus Energy, ConocoPhillips Canada, Imperial, MEG Energy and Suncor Energy, which together operate approximately 95 per cent of Canada’s oil sands production.
Canadians can learn more about Pathways Alliance’s plan and its unprecedented level of collaboration to develop and deploy technologies to reduce emissions by visiting https://pathwaysalliance.ca.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💥 North America's $170B Hydrogen Surge: Why 2025 is the Tipping Point ⚙️ First Centrifugal on Board Carbon Capture System Launches 🌾 AgriCapture Rice Methane Reduction Project R...
Inside This Issue 🏭 Baker Hughes to Acquire Chart Industries, Accelerating Energy & Industrial Technology Strategy ⛽ Next Hydrogen Launches Ontario’s Largest Onsite Clean Hydrogen Refuelling S...
Inside This Issue 💰 Gevo Sells Carbon Credits from North Dakota Asset ⚡ US Companies CPS Energy, Modern Hydrogen Agree to Work on Clean Power Generation Project ✈️ ESAF Takes Flight: Power-to-Liqu...
RYAM and GranBio Sign MOU to Explore Cellulosic SAF Project at Jesup Facility
JACKSONVILLE, Fla. - Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company” or “RYAM”), the global leader in cellulose specialty products, announced today the signing of a Memorandum of Under...
The following statement may be attributed to Jessie Stolark, executive director of the Carbon Capture Coalition (the Coalition), a non-partisan collaboration of companies, labor unions, and NGOs bu...
Asahi Kasei to Supply 1 MW-Class Alkaline-Water Electrolyzer to Hydrogen Project in Finland
DÜSSELDORF, Germany & TOKYO & NOVI, Mich. - Asahi Kasei will supply its Aqualyzer™-C3 containerized 1 MW-class alkaline-water electrolyzer to the Central Finland Mobility Foundation (Cefmof...
Montreal, Quebec--(Newsfile Corp. - July 30, 2025) -- Quebec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company"), a leading innovator in clean natural hydroge...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.