Royal Dutch Shell (NYSE: RDS.A) will receive C$876 million from both the Canadian federal government and also the Alberta provincial government for its Quest carbon capture and storage project at the company's Scotford Upgrader plant in the Alberta oil sands.
The three major companies involved in a carbon capture initiative in Alberta, Canada have dropped out of the project. TransAlta Corp., Enbridge Inc. and Capital Power Corp. had planned the Pioneer carbon capture and storage project ... Read Post
Last week Shell Canada, as operator of the Athabasca Oil Sands Project joint venture (with Chevron and Marathon), announced plans to proceed with a carbon capture and storage project (Quest) within the current oils sands project. Th... Read Post
Royal Dutch Shell announced it will build a $1.36 billion carbon capture and storage project to cut carbon dioxide emissions up to 35 percent at its 255,000-barrel-per-day oil sands upgrader in Canada. Shell said the CCS project, wh... Read Post