Oil sands companies are working together for Canada’s energy future.

about carbon capture and storage

Who we are

Canadian Natural
Cenovus Energy
ConocoPhillips
Imperial
MEG Energy
Suncor

We’re Canada’s largest oil sands companies, working together to provide energy the world needs while advancing environmental innovation and projects.

Person wearing protective gear, standing in an operating facility and checking equipment.

Part of our work is a proposed carbon capture and storage network and pipeline

Once it is operating, the CO₂ transportation network and storage hub could be made available to other oil producers and industries in the region seeking CO₂ emissions sequestration. 

Importance of Canada’s oil sands

The oil sands are essential to Canadian energy production. Today, thanks to innovation and persistence, the oil sands are a secure source of energy for the world, and a major economic driver for Canada and Alberta.

$34.1B

IN FEDERAL AND PROVINCIAL INCOME TAXES AND ROYALTIES PAID BY OUR INDUSTRY IN 20231

$155.4B

in ENERGY EXPORTS IN 20231

214,000+

DIRECT AND INDIRECT CANADIAN jobs2 

1This data was sourced from Statistics Canada.
2Source: Statista Oil Industry Employment Report, 2024