• 2 days The Federal Reserve and Money...Aspects which are not widely known
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Coincidence of EIA Report Delay? - "I had seen it delayed minutes, and a couple of times a few hours, but don’t recall something like this — do others?" asks Javier Blas
  • 19 hours European Parliament Members, Cristian Terhes et al, push back against Totalitarian Digital ID and Carbon Tyranny in Europe.
  • 4 days Demonising fossil fuels has caused major grid problem in Australia
  • 8 days "And this is perhaps the most dangerous kind of government there can be."
  • 3 days "...too many politicians believe things that aren’t true." says Robert Rapier
  • 4 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 3 days Welcome to Technocracy - The New World Energy Order... "1000s Of Sydney Homes Plunged Into Darkness As Aussie 'Price Cap' Policy Sparks Energy Shortage"
  • 5 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 330 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 7 days ESG Topic - "German Police Raid Deutsche Bank, DWS Over Allegations Of Greenwashing" - ZeroHedge Bloomberg and others
Charles Kennedy

Charles Kennedy

Charles is a writer for Oilprice.com

More Info

Premium Content

Canada Bets Big On Hydrogen To Boost Oil Production, Cut Emissions

The federal government of Canada and the provincial government of Alberta are each drafting hydrogen strategies to reduce emissions, which, in the case of Alberta, would allow it to cut the carbon intensity of oil sands production and expand it without breaching current caps on provincial emissions.

Alberta, the oil-producing province, is preparing a hydrogen strategy to use the so-called blue hydrogen to extract heavy oil at the oil sands, Alberta’s Associate Minister of Natural Gas Dale Nally told Reuters, noting that the strategy, expected to be unveiled next month, is being coordinated with the federal government.

The so-called blue hydrogen is made from natural gas where carbon emissions from the process are captured and stored. Blue hydrogen is a cleaner version of the ‘grey hydrogen’ which is made from natural gas and coal and currently accounts for most of the hydrogen produced in the world.

“Reducing the carbon intensity of the oil sands would allow of course more expansion,” Nally told Reuters in an interview.

Lower emissions in the oil sands, one of the most carbon-intensive forms of oil extraction, could stop investors from the exodus from Canada’s oil sands that began in the aftermath of the previous price crash in 2014.

Last month, Canada’s Natural Resources Minister Seamus O’Regan told Reuters that the country must slash the greenhouse gas emissions from its oil production in order to lure companies back to investing in increasing oil and gas production and expanding projects.

“If you do what is required to lower emissions, you will be rewarded with increased investment. If you don’t, you’ll be punished,” O’Regan told Reuters.

Canada’s federal government is also preparing a hydrogen strategy for the oil sector as part of a course for a net-zero emission plan 2050, a source in the government with knowledge of the strategies told Reuters.

As long as Alberta stays within its provincial emissions limit, the federal government is not concerned about what greener strategies the province would use to keep within the cap, the source said.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News