Oil India Ltd Signs Collaboration Framework with Canada's PTRC
Oil India Limited (OIL) has signed a collaboration framework with the Petroleum Technology Research Centre (PTRC), Canada. This agreement aims to strengthen India-Canada relations and foster cooperation in energy transition and sustainability. Key areas of collaboration include CO2 Capture, Utilization and Storage (CCUS), Geothermal energy, development of Clean Energy Technologies, and research with mc2+ for startups. The framework was signed on June 10, 2026, on the sidelines of the Global Energy Show 2026 in Calgary, attended by dignitaries including the Premier of Saskatchewan and the High Commissioner of India to Canada. This partnership is expected to drive innovation and identify new business opportunities in the energy sector.
Key Highlights
- OIL partners with Canada's PTRC for energy transition and sustainability.
- Focus areas include CCUS, Geothermal, and Clean Energy Technologies.
- Collaboration aims to identify new business opportunities.
- Partnership strengthens India-Canada energy cooperation.
- Research to involve subsurface energy production and storage.
Price Impact
More from OIL