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Innovation in oil sands technology underpins our ability to continue to develop this resource safely and responsibly.

JAMIE ALLIBAN Heavy equipment operator

Canadian Oil Sands

Canada’s oil sands are an immense resource. About 10 percent – 170 billion barrels – is considered to be economically recoverable with today’s technologies, ranking Canada third behind only Saudi Arabia and Venezuela in proven reserves.

Energy efficiency

We recognize there is concern among a range of stakeholders regarding the increased energy intensity and water use associated with developing oil sands. Emerging technology has the potential to reduce these impacts.