Imperial signs deal with U.S.-based Air Products for hydrogen

The Imperial Oil logo is seen at the company’s annual meeting in Calgary, on April 28, 2017. Imperial Oil Ltd. says it and ExxonMobil Canada have closed the $1.9-billion sale of their oil and gas-producing assets in the Montney and Duvernay areas to Whitecap Resources Inc. THE CANADIAN PRESS/Jeff McIntosh
Jeff McIntosh

CALGARY — Imperial Oil says it has reached a deal with a U.S.-based industrial gas company to supply low-carbon hydrogen for its proposed renewable diesel complex near Edmonton.

The deal will see Pennsylvania-based Air Products, which is building a hydrogen facility near Edmonton, supply hydrogen via pipeline to Imperial’s Strathcona refinery.

The hydrogen will be used together with locally grown vegetable oils to produce low-carbon diesel fuel.

Air Products says it will increase its overall investment in its Edmonton hydrogen facility to $1.6 billion to support the Imperial contract.

It says its facility will produce 165 million cubic feet per day of hydrogen when it opens in 2024 and approximately half of that will go to Imperial.

Imperial says its renewable diesel complex will be the largest facility of its kind in Canada, producing more than one billion litres per year of low-carbon diesel fuel.

This report by The Canadian Press was first published Sept. 6, 2022.

Companies in this story: (TSX:IMO)

The Canadian Press

News from © The Canadian Press, 2022. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

• 0084 EMP Metals Pipeline Online
  0084 EMP Metals Pipeline Online
• 0053 Kingston Midstream Westspur Alameda Click
  0053 Kingston Midstream Westspur Alameda Click
• 0082 CsHM 2024 Pipeline
  0082 CsHM 2024 Pipeline
• 0077 Caprice Resources Stand Up For Free Speech
  0077 Caprice Resources Stand Up For Free Speech
• 0076 Latus only
  0076 Latus only
• 0061 SIMSA 2024 For Sask Buy Sask
  0061 SIMSA 2024 For Sask Buy Sask
• 0055 Smart Power Be Smart with your Power office
  0055 Smart Power Be Smart with your Power office
• 0051 JML Hiring Pumpjack assembly
  0051 JML Hiring Pumpjack assembly
• 0049 Scotsburn Dental soft guitar
  0049 Scotsburn Dental soft guitar
• 0046 City of Estevan This is Estevan
  0046 City of Estevan This is Estevan
• 0041 DEEP Since 2018 now we are going to build
  0041 DEEP Since 2018 now we are going to build
• 0032 IWS Summer hiring rock trailer music
• 0022 Grimes winter hiring
• 0021 OSY Rentals S8 Promo
• 0018 IWS Hiring Royal Summer
• 0013 Panther Drilling PO ad 03 top drive rigs
• 0011
• 0006 JK Junior
• 0002 gilliss casing services
  0002 gilliss casing services
• 9002 Pipeline Online 30 sec EBEX
  9002 Pipeline Online 30 sec EBEX
• 9001