Canada's oilsands contain the world's largest remaining deposit of oil that is still open to investment by western oil companies. As such, the oilsands are crucial to the long-term financial future of many of the world's leading oil companies. Yet the economics of oilsands extraction, even at today's relatively high prices, are fairly marginal, and a lack of disclosure by companies may be making the financial picture look better than it actually is.
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Environmental liabilities in Canada's oilsands: Perspective for investors
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Oil & Gas
September 14, 2023
Publication
Waiting to Launch 2023 mid-year update
Oilsands profits remain high, but companies are putting the brakes on energy transition spending, with no new investment in reducing emissionsPrograms
Leading the transition to clean energy requires advancing solutions to today’s energy challenges from various angles.
The Pembina Institute has spent four decades working to reduce the environmental impacts of Canada’s energy production and to provide actionable ideas on how to implement clean energy.