Shell to Build Canada Capture Project for Oil-Sands Carbon
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Royal Dutch Shell Plc, Europe’s biggest oil company, will build the first carbon capture and storage, or CCS, project that locks away emissions from mining Canada’s oil sands.
The company, together with partners Chevron Corp. and Marathon Oil Corp., received government backing to start work on the Quest venture north of Edmonton, Shell said today in a statement. Starting in 2015, Quest is designed to store more than 1 million metric tons of carbon dioxide a year from Shell’s Scotford upgrader, cutting emissions 30 percent from the plant processing heavy oil mined from the area’s tar sands.