Our charge is two-fold: to dependably deliver energy that supports human progress, and to do so in a way that positively supports the societies and environments in which we operate. We believe that smart innovation and new technology that will help us meet this dual challenge.
Fortunately, an innovative approach is part of who we are. More than 100 years ago, we established Canada’s first oil and gas research department. Today, we’re one of the country’s only energy producers with dedicated research laboratories, and a leading research spender across all industries. Through these efforts, we aim to continually identify new ways to recover oil that are safer and more efficient, while contributing to local economies and minimizing impact on local environments.
In the past 20 years, we’ve spent almost $2 billion in research and technology development (R&D) – one of Canada’s largest R&D investments in any industry. That’s in addition to ExxonMobil’s global R&D spending of $1 billion per year, which grants us access to industry-leading insights and experts at all times.
We also partner with academic and industry experts including:
- Canadian Oil Sands Innovation Alliance (COSIA): an alliance of oil sands producers focused on accelerating the pace of improvement in environmental performance in Canada’s oil sands through collaborative action and innovation.
- Centre for Oil Sands Innovation: we are the founding sponsor of COSI at the University of Alberta. Through the centre, university experts are conducting groundbreaking research to address a variety of environmental challenges associated with oil sands development, including climate change. To date, we have contributed $24M in funding to this institute.
Learn more about our research in the following areas: