Oil Sands Alliance to focus on industry sustainability, advancing net-zero ambitions
BNN Bloomberg
Canada's largest oilsands companies have formed a new advocacy group they say will help to advance the sustainable development and operation of their industry.
CALGARY - Canada's largest oilsands companies have formed a new advocacy group they say will help to advance the sustainable development and operation of their industry.
The Oil Sands Alliance was established Jan. 1, with membership consisting of oilsands producers Suncor Energy Inc., Cenovus Energy Inc., Imperial Energy Ltd., Canadian Natural Resources Ltd. and ConocoPhillips.
It is not clear whether the new organization will be involved in political lobbying or how exactly it will be structured.
Al Reid, director of the Oil Sands Pathways to Net Zero alliance - which, along with other already existing groups like the Oil Sands Community Alliance (OSCA), Canada's Oil Sands Innovation Alliance (COSIA), and the Regional Oil Sands Operating Alliance, will be overseen by the new organization - said more details will be released soon.
However, he said all of the companies involved in the new Oil Sands Alliance will remain active members of the Canadian Association of Petroleum Producers, the broader industry organization that is the country's largest oil and gas lobby group.
While CAPP will continue to have the broader mandate for oil and gas advocacy for Canada's oil and gas producers, the new Oil Sands Alliance will “lead the work related to the oilsands.''
