Strathcona Resources and Canada Growth Fund partner on a $2B carbon capture project in Canada's oil sands.
Strathcona Resources and Canada Growth Fund partner on $2B carbon capture project in Canada's oil sands. The partnership involves building carbon capture and sequestration infrastructure, with each group contributing up to $1B; Strathcona will construct, operate, and own the CCS infrastructure, with 50% of capital costs funded by CGF and 50% by Strathcona. The aim is to capture and permanently store up to 2 million tonnes of CO2 annually.
July 10, 2024
23 Articles