Reuters exclusively reports Pembina Pipeline looks to work together with rival Canada carbon capture plans - Reuters News Agency
Business & FinanceEnergy

Reuters exclusively reports Pembina Pipeline looks to work together with rival Canada carbon capture plans

Reuters exclusively reported that Canadian pipeline operator Pembina Pipeline Corp is asking backers of two competing proposals for carbon capture hubs in the oil-producing province of Alberta to combine efforts with its own plan. The company’s CEO told Reuters in an interview that Pembina has spoken with both groups about joining together, and talks remain active. The Pembina-TC plan, called Alberta Carbon Grid, faces competition from at least two others – Oil Sands Pathways, pitched by the largest oil sands producers, and Polaris, a proposal by Royal Dutch Shell. Carbon capture facilities are expected to be a key part of global efforts to contain emissions from fossil fuel production. 

Article Tags
Topics of Interest: Business & FinanceEnergy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Americas
Countries: Canada
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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