Start Date: 2025-01-25
End Date: 2025-01-31

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Federal Investment in Petroleum Technology Research Centre

On January 30, 2025, Minister Terry Duguid announced federal funding for the Petroleum Technology Research Centre in Regina, Saskatchewan. This investment aims to support sustainable technologies in the energy sector. The funding is expected to enhance research and development in sustainable energy technologies, positioning Canada as a leader in the global energy transition. The announcement took place at the Petroleum Technology Research Centre, highlighting the government's commitment to fostering innovation in the oil and gas industry.

Sources: Announcements: www.canada.ca

Funding for Carbon Management Technologies in Alberta

The Government of Canada announced a $13.4 million investment to support carbon management technologies in Alberta. This funding is directed towards enhancing carbon capture, utilization, and storage technologies, with specific financial support for InnoTech Alberta Inc., Ionada Canada, the University of Calgary, and the University of Alberta. These projects are intended to improve the affordability and efficiency of carbon capture technologies across industrial sectors. The initiative aligns with broader efforts to reduce emissions and promote sustainable energy development in Alberta.

Sources: Announcements: www.canada.ca, Announcements: www.canada.ca