Oil India Signs Collaboration Framework with Canada's PTRC on Carbon Capture

Oil India Limited has signed a collaboration framework with the Petroleum Technology Research Centre of Canada to advance work in CO2 capture, utilisation, and storage. The partnership supports India-Canada energy transition cooperation and strengthens Oil India's sustainability and decarbonisation commitments.

Oil India Limited (NSE: OIL, BSE: 533106), a Maharatna Central Public Sector Enterprise under India's Ministry of Petroleum and Natural Gas, signed a collaboration framework on June 11, 2026 with the Petroleum Technology Research Centre (PTRC), a not-for-profit energy research company of the Province of Saskatchewan, Canada. The agreement was signed to strengthen India-Canada cooperation in addressing global challenges related to energy transition and sustainability.

The collaboration focuses on CO2 Capture, Utilisation, and Storage (CCUS) — a critical suite of technologies for decarbonising oil and gas operations and industrial processes. PTRC, based in Saskatchewan, has deep expertise in carbon capture research and operates within one of Canada's most active CCUS jurisdictions. For Oil India, which operates upstream oil and gas fields primarily in Assam and Rajasthan, developing CCUS capability is a key component of aligning its operations with India's long-term net-zero commitments.

CCUS is increasingly recognised as an essential bridging technology for hard-to-abate sectors such as oil and gas, where full electrification is not yet feasible. Oil India's collaboration with PTRC positions the company to develop and potentially deploy CCUS solutions at its operational sites in India — a significant ESG milestone for a public sector oil producer. The partnership also reflects India's broader strategy of leveraging international research partnerships to fast-track clean energy technologies domestically.

Key figure — CO2 Capture, Utilisation and Storage (CCUS)