Imperial Oil invests $560mn in Canadian low-carbon diesel facility
The firm will use blue hydrogen produced by Air Products alongside biofeedstock
Canadian oil sands producer Imperial Oil will invest C$720mn ($560mn) into a planned low-carbon diesel facility at its Strathcona refinery in British Columbia. The project is expected to produce more than 1bn l/yr of diesel from locally sourced biofeedstock and blue hydrogen supplied by industrial gases firm Air Products. Air Products is developing a blue hydrogen facility in Edmonton in Alberta, which is expected to come onstream in 2024. Half of the project’s output has been contracted to supply Imperial’s Strathcona facility. Imperial plans to start producing the low-carbon diesel—which will be sold as a premium product—in 2025. The firm expects the facility to enable the Canadian transpo
Also in this section
23 January 2025
Russia, Poland and Romania are the biggest players when it comes to hydrogen projects in the region
23 January 2025
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition