Oil India and Canada's PTRC partner on carbon capture and geothermal research
business-standard.comOil India Ltd has signed a collaboration framework with Canada's Petroleum Technology Research Centre (PTRC) to jointly explore carbon capture, utilization and storage (CCUS), geothermal energy, and other subsurface clean energy technologies. The agreement, signed in Calgary, aims to deepen energy cooperation between India and Canada as both countries pursue energy transition goals. The partnership will focus on geological sequestration and mineralization of captured carbon dioxide, development of enhanced oil recovery technologies with a reduced environmental footprint, and evaluation of potential geothermal projects. The two organizations will also work through PTRC's Energy Innovation Hub on subsurface energy production and storage research. This deal signals growing international collaboration in low-carbon technologies as energy producers try to balance energy security with decarbonization. The specific outcomes will depend on how quickly these research areas move from pilot projects to commercial deployment.
