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TC Energy, Irving Oil Ink Decarbonixation MoU (Ind. Report)
TC Energy, Irving Oil
Date: 2021-08-20
Calgary, Alberta-based natural gas-focused midstream energy service provider TC Energy and New Brunswick, Canada-headquartered petroleum refiner Irving Oil are reporting a memorandum of understanding (MoU) to explore the development of clean energy projects in Atlantic Canada' The two firms will focus on decarbonizing existing assets and implementing technologies to reduce emissions, including at the 2004-vintage Grandview Cogeneration facility, a 90-MW low-carbon power plant at Irving Oil's 320,000 bpd Saint John refinery -- the largest in Canada.

The partnership will also consider medium and long-term opportunities that support the decarbonization of local industry through the production and delivery of low-emission hydrogen along with a carbon capture and sequestration (CCS) network.

The scope, time limits and cost estimates of the joint initiatives will be determined by feasibility studies and outstanding regulatory procedures. (Source: TC Energy, Irving Oil, Zacks, 18 Aug., 2021) Contact: TC Energy, 403-920-2000, www.tcenergy.com; Irving Oil, www.irvingoil.com/en-CA/discover-irving/contact-us

More Low-Carbon Energy News CCS,  Decarbonization,  TC Energy,  Carbon Emissions,  Irving Oil,  


Irving Cuts Climate Change, Emissions Commitment (Ind. Report)
Irving Oil
Date: 2019-12-23
St.John New Brunswick-based Irving Oil, Canada's largest carbon emitter has reportedly abandoned a previous pledge to cut carbon output by 17 pct from 2005 levels by 2020, in favor of a "keeping up with the Jones" approach of keeping its emissions and environmental performance competitive with its rivals.

In 2017, the 320,000 bpd Irving family owned refinery in St. John emitted just over 3 million metric tons of carbon dioxide equivalent (CO2e), according to Environment Canada. In effect, the company is no longer targeting an outright reduction in carbon emissions but is maintaining the status quo as dictated by the top 25 pct of rival refineries in Canada through 2025.

Founded in 1924, privately held Irving Oil operates Canada's largest refinery in Saint John, New Brunswick, more than 900 fueling locations and a network of distribution terminals spanning Eastern Canada and New England. It also operates Ireland's only refinery, located in the village of Whitegate, according to Wikepedia. (Source: Irving Oil, Reuters, Chronicle Herald, 20 Dec., 2019) Contact: Irving Oil, www.irvingoil.com

More Low-Carbon Energy News Carbon Emissions,  Climate Change,  

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