Canada: Shell And Chevron Make Oil Sands ‘Green’ With Carbon Capture Project

Posted by Forbes: Christopher Helman on September 5th, 2012
Forbes: Shell, Chevron and Marathon Oil announced today that they will build a carbon capture and sequestration mechanism into their 225,000 barrels per day Athabasca Oil Sands Project. The goal, when the system is completed in 2015, will be to capture 1 million metric tons a year of carbon dioxide and inject it a mile underground. The oil sands catch a lot of flack from the antis for being, among other things, more carbon intensive than other sources of oil. That’s because the sludge has to be partially......

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