03:37:24 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Nutrien Ltd
Symbol NTR
Shares Issued 569,850,584
Close 2020-06-04 C$ 49.54
Market Cap C$ 28,230,397,931
Recent Sedar Documents

FP says Nutrien plant makes 300,000 tonnes of CO2

2020-06-05 09:39 ET - In the News

The Financial Post reports in its Friday, June 5, edition that this spring, as COVID-19 battered the global oil industry, a 240-kilometre pipeline that could hold a key to Alberta's future as an oil and gas-producing region quietly opened. The Post's Gabriel Friedman writes that the pipeline is known as the Alberta Carbon Trunk Line. It captures carbon dioxide emitted by a bitumen refinery and a fertilizer plant outside Edmonton, and carries it to an oil field where it is pumped into the ground, where most of it is forever buried, and some is used to increase the amount of oil recovered. At its current operational level, the pipeline is projected to capture 1.6 million tonnes of CO2 per year -- said to be the equivalent of taking an estimated 300,000 cars off the road -- and has the capacity to capture an additional 13 million tons of CO2 per year, if sources or emitters can be matched with destinations where it can be stored. About 300,000 tonnes of the CO2 comes from a Nutrien fertilizer plant, with the remaining 1.3 million tonnes coming from the North West Redwater Sturgeon Refinery. Within several dozen kilometres of the trunk line, however, there are other oil refineries and oil producers.

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