Page 8 - NorthAmOil Week 46 2022
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NorthAmOil                                        POLICY                                          NorthAmOil


       GHG emissions cap expected for




       Canada’s oil and gas by end of 2023




        CANADA           NATIONAL regulations will be completed by  tentative emissions target for oil and gas in 2030
                         the end of 2023 for a cap on greenhouse gas  of 110mn tonnes, a 46% cut from 2019 levels, and
                         (GHG) emissions from the Canadian oil and gas  32% more than 2005.
                         sector, said Canadian Minister for Environment   Major Canadian environmental groups have
                         Steven Guilbeault in an interview with Cana-  been seeking a cut of 60% from 2005 levels.
                         dian Press at COP27, the UN climate summit in  They had also hoped that Guilbeault would use
                         Egypt.                               COP27 as a platform to unveil a firm number for
                           The Ottawa government is developing the  the cut, rather than the government’s tentative
                         rules in “record time”, he told the news service.  target.
                           “We will have draft regulations maybe by the   The Ottawa government plans to slash emis-
                         spring, at the latest in the first half of the year,”  sions across all sectors by 40-45% by 2030 com-
                         the minister said. “And then the goal is to have  pared with 2005 levels.
                         the complete regulations by before Christmas,   Emissions Canada’s oil and gas production
                         which is, you know, record level time to develop  make up about 25% of Canada’s total carbon
                         regulations.”                        emissions, and are as much as 83% higher than
                           Prime Minister Justin Trudeau’s Liberal Party  three decades ago. Canada’s overall emissions are
                         had promised the limits in their election cam-  some 23% higher than 30 years ago.
                         paign last year.                       Also at COP27, a few Canadian environmen-
                           In the interview, Guilbeault noted that regula-  tal groups slammed the Ottawa government for
                         tions to put a national clean fuel standard in place  including oil and gas representatives in Canada’s
                         took five years plus.                delegation. The Canadian Pavilion had even
                           The government in March had issued an  hosted an event with the Pathways Alliance, a
                         Emissions Reduction Plan. It established a  consortium of major oil sands companies.™

                                             PROJECTS & COMPANIES

       Permian water reuse partnership forms





        PERMIAN BASIN    ARIS Water Solutions is partnering with Chev-  “We want to look at identifying and devel-
                         ron and ConocoPhillips to develop and pilot  oping know-how, intellectual property and
                         technologies and processes to treat produced  additional technology to bring down the cost of
                         water for potential reuse in the Permian Basin.  reusing produced water,” she said.
                           Aris, Chevron and ConocoPhillips’ goal is   Aris will lead the engineering, construction
                         to develop cost-effective and scalable methods  and execution of the testing protocols and pilot
                         of treating produced water to create a potential  projects while leveraging the combined tech-
                         water source for industrial, commercial and  nical expertise of Chevron and ConocoPhil-
                         non-consumptive agricultural purposes.  lips. The treated water will then be reused in a
                           The agreement demonstrates Chevron,  variety of ongoing research projects, including
                         ConocoPhillips and Aris’ continued commit-  non-consumptive agriculture, low emission
                         ment to responsible water management and  hydrogen production and the direct air capture
                         leadership in working towards beneficial reuse of  of atmospheric CO2.
                         treated produced water in a water-scarce region,   “At Chevron, using water responsibly is
                         the companies said.                  integral to our values and we are continuing to
                           Recycled water has been used in agriculture  strengthen our water management practices to
                         in Texas such as for growing cotton.  ensure safe, reliable and sustainable operations
                           Aris, Chevron and ConocoPhillips will work  in the Permian Basin,” said Chevron’s Mid-Con-
                         with appropriate regulators, with a goal to com-  tinent Business Unit general manager of oper-
                         plete testing and performance evaluation of pilot  ations, Brent Gros. “We believe innovative
                         technologies by the end of 2023.     solutions for produced water reuse will come
                           “There is no water that can’t be cleaned to  from collaboration among a variety of stake-
                         a level that it can be used,” Aris’ president and  holders, which is why we’re pleased to participate
                         CEO, Amanda Brock, told the Midland Report-  in this agreement with Aris and ConocoPhillips.”
                         er-Telegram. “The question is cost. How can we   Chevon is on a path to using 80% recycled
                         be cost-effective so people don’t take the easy  produced water for hydraulic fracturing in most
                         route of using groundwater?” she continued  of the Permian Basin by the end of 2023.™



       P8                                       www. NEWSBASE .com                      Week 46   17•November•2022
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