Skip to content
Oil Change International | Data Driven, People Powered. Oil Change International | Data Driven, People Powered.
  • About
    • Our Work
    • Values
    • Team
    • Jobs at OCI
    • Ways to Give
  • Program Areas
    • Africa
    • Asia
    • North Sea
    • United States
    • Global Industry
    • Global Public Finance
    • Global Policy
  • Blog
  • Press Releases
  • Publications
Donate
  • Get Updates
    • Share on Bluesky Share on Bluesky Bluesky (opens in a new window)
    • Share on Twitter Share on Twitter Twitter (opens in a new window)
    • Share on Instagram Share on Instagram Instagram (opens in a new window)
    • Share on LinkedIn Share on LinkedIn LinkedIn (opens in a new window)
    • Share on Facebook Share on Facebook Facebook (opens in a new window)
Donate
  • About
    • Our Work
    • Values
    • Team
    • Jobs at OCI
    • Ways to Give
  • Program Areas
    • Africa
    • Asia
    • North Sea
    • United States
    • Global Industry
    • Global Public Finance
    • Global Policy
  • Blog
  • Press Releases
  • Publications
    • Get Updates
    • Share on Bluesky Bluesky
    • Share on Twitter Twitter
    • Share on Instagram Instagram
    • Share on LinkedIn LinkedIn
    • Share on Facebook Facebook
Go to OCI Homepage
Published: July 31, 2007

Shell to Build $25 Billion Oil Sands Plant

  • Latest from OCI
  • Blogs listing
  • Shell to Build $25 Billion Oil Sands Plant
    • Blog Post extreme energy oil sands Oil Shale

Oil giant Shell is seeking to build a new $25 billion plant to process bitumen from Alberta’s oil sands.

The “Scotford Upgrader 2 Project”, to be built near Fort Saskatchewan, Alberta, will be built in four phases with a capacity of 100,000 barrels a day each. Construction may start as early as 2009.

“It’s big, both in terms of capacity and cost”, said Mark Friesen, an analyst at FirstEnergy Capital Corp. in Calgary. “This means Shell is very bullish on its longer-term oil-sands strategy in Canada.”

It is Shell’s first major strategy announcement for Canada since the company paid C$8.7 billion in April to buy the 22 percent of Shell Canada it didn’t already own. Shell also plans to spend as much as C$12.8 billion to expand the capacity of its Athabasca Oil Sands Project by 100,000 barrels a day.

Shell’s announcement shows how serious the oil majors are about developing Alberta’s tar-like polluting oil sands that may have reserves the size of Saudi Arabia. Over $100 billion may be spent to almost triple oil-sands output to about 3 million barrels a day year by 2015.

Oil Change International | Data Driven, People Powered.
Donate Get Updates
Back to the top
  • Keep in touch

  • Oil Change International
    714 G St. SE, #202
    Washington, DC 20003
    United States

    +1.202.518.9029

    [email protected]

    • Share on Bluesky Bluesky (opens in a new window)
    • Share on Twitter Twitter (opens in a new window)
    • Share on Instagram Instagram (opens in a new window)
    • Share on LinkedIn LinkedIn (opens in a new window)
    • Share on Facebook Facebook (opens in a new window)
  • Quick links

  • About OCI
  • Our Values
  • Jobs at OCI
  • Ways to Give
  • Media Centre

  • Publications
  • Press
  • Associated websites

  • Big Oil Reality Check
  • Energy Finance Database
  • Permian Climate Bomb
  • Site map
  • Privacy policy

Copyright © 2025 Oil Change International. Web design by Fat Beehive