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Canada's oil producers target late 2027 for Pathways carbon capture decision

Published

18 August 2026

Topic

technology

Sectors

Climate Tech

Geography

Canada

Source

Read at reuters.com

Verified

Fusion42 · 21 August 2026 · Fusion42 review

Canada's largest oil producers aim for a final investment decision on the Pathways carbon capture project by late 2027, targeting 6 million tonnes of emissions reduction by the mid-2030s and an additional 10 million tonnes by 2045. The project depends on finalized fiscal agreements with Alberta and federal governments, which are expected by mid-November, and is key to balancing oil production growth with emissions control.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ The Wire takeaway

The Pathways project timeline signals a clear window to influence Canadian carbon capture infrastructure and oil export policies. You need to engage with Canadian government fiscal talks now to align your technology or service with this multi-billion-dollar project before late 2027.

Coverage

1 source · 18 Aug 2026

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Topics

Climate Techcarbon-captureoil-sandsemissions-reductiongovernment-agreementsinfrastructure-planning