Husky Energy Inc. is increasing its investment in carbon capture and storage technology, which it hopes will make its expanding heavy oil operations in Saskatchewan more environmentally friendly.
The Calgary-based company has been operating a tiny CCS plant developed by Inventys Inc., a clean energy company headquartered in Burnaby, B.C., at its Pikes Peak South operation northwest of Maidstone for six months. Earlier this month, it invested millions of dollars in the B.C. company with the aim of developing a much larger plant at the site.