Imperial Oil hoping Cold Lake carbon capture project will be running before 2030

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Imperial Oil Ltd. could begin injecting and storing harmful CO2 emissions from its Cold Lake operations by the middle of this decade — well before the completion of a massive carbon capture and storage transportation line that has been proposed for the Canadian oilsands, the company said Friday.

Imperial — which on Friday reported it earned $1.25 billion in its first quarter, up from $1.17 billion in the same quarter a year earlier — is a member of the Pathways Alliance, a consortium of oilsands companies that has committed to spending $16.5 billion on a massive carbon capture and storage network

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