Prairie Post (East Edition)

Oil Sands Alliance to focus on industry sustainabi­lity, advancing net-zero ambitions


(CP) Canada’s largest oilsands companies have formed a new advocacy group called the Oil Sands Alliance.

The new group was establishe­d Jan. 1 and is made up of Suncor Energy Inc., Cenovus Energy Inc., Imperial Energy Ltd., Canadian Natural Resources Ltd. and ConocoPhil­lips.

These companies are also part of the Oil Sands Pathways to Net Zero alliance, a group of oilsands companies that have publicly pledged to work together to reach the goal of net-zero greenhouse gas emissions by 2050.

Pathways to Net Zero director Al Reid says the specific opportunit­ies and challenges facing the oilsands industry requires the specialize­d focus of its own industry group.

He says oilsands companies will continue to remain active members of the Canadian Associatio­n of Petroleum Producers (CAPP), the country’s largest oil and gas lobby group.

It is not known if the new Oil Sands Alliance will be engaged in lobby work. Reid says the organizati­on is focused on developing its overall structure, with more details to be announced in future.

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