Athabasca Oil Corporation, commonly referred to as Athabasca Oil, is a prominent player in the Canadian oil and gas industry, headquartered in Calgary, Alberta. Founded in 2006, the company has rapidly established itself as a leader in the development of oil sands and conventional oil resources, primarily operating in the Athabasca region of Alberta.
Athabasca Oil focuses on the exploration, production, and development of heavy oil and bitumen, with a commitment to sustainable practices and innovative extraction technologies. Its core products include high-quality crude oil and bitumen, which are distinguished by their low environmental impact and efficient production methods.
With a strong market position, Athabasca Oil has achieved significant milestones, including strategic partnerships and successful project completions, solidifying its reputation as a forward-thinking entity in the energy sector.
-6 vs industry average
Athabasca Oil’s score of 13 is lower than 31% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Athabasca Oil's reported carbon emissions
In 2023, Athabasca Oil Corporation reported total emissions of approximately 943.0 million kg CO2e, comprising 877,205,000 kg CO2e from Scope 1 and 66,290,000 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data. Over the past few years, Athabasca Oil has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been outlined in their reports. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not have formalised strategies in place to achieve specific reductions. The emissions data is sourced directly from Athabasca Oil Corporation, with no cascading from a parent or related organisation. The company continues to operate within the mineral fuels and oils sector, which is known for its significant greenhouse gas emissions.
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Athabasca Oil’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Athabasca Oil yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Athabasca Oil
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