China Oil Giant Cnooc Beats Canadians in Oil Sands Emission Cuts

摘要

The Chinese drilling giant recently blacklisted by the U.S. has led efforts to clean up the Canadian oil sands' image as a global warming culprit.Cnooc Ltd. slashed the rate of carbon dioxide released from its Long Lake oil sands site by a third in the eight years ended 2019, according to a study released last month by the Alberta Energy Regulator. That's almost three times better than runner-up Cenovus Energy Inc.'s Tucker operations.