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Oil India Signs Major Clean Energy Pact with Canada’s PTRC for Carbon Capture, Geothermal and Energy Innovation

 Maharatna PSU Oil India Limited partners with Petroleum Technology Research Centre to advance CCS, enhanced oil recovery, subsurface research and startup-led clean energy technologies at Global Energy Show 2026 in Calgary.
Indian Masterminds Stories

Calgary/New Delhi: In a significant step toward strengthening India’s clean energy transition, Oil India Limited has signed a comprehensive collaboration framework with the Petroleum Technology Research Centre (PTRC), Canada. The agreement was formalized on June 10, 2026, on the sidelines of the Global Energy Show 2026 in Calgary.

The partnership focuses on advanced technologies including carbon capture, geothermal energy, enhanced oil recovery, and subsurface energy research.

High-Level Global Collaboration at Energy Summit

The agreement was signed in the presence of senior dignitaries, including:

  • Saskatchewan Premier Scott Moe
  • High Commissioner of India to Canada
  • CEO of PTRC
  • CMD of Oil India Limited
  • Senior officials from both countries

The high-level participation highlights the strategic and diplomatic importance of the collaboration beyond a routine corporate agreement.

Read also: Oil India Q4 Results: Profit Jumps 62% to ₹2,424 Crore on Record Production and Strong Operational Growth

About Petroleum Technology Research Centre (PTRC)

The Petroleum Technology Research Centre (PTRC) is a Canada-based non-profit research organization known for expertise in:

  • Carbon capture and storage (CCS)
  • Enhanced oil recovery (EOR)
  • Subsurface energy systems

Saskatchewan is globally recognized for the Boundary Dam project, the world’s first commercial-scale carbon capture facility on a coal power plant.

Six Key Areas of Collaboration

The Oil India–PTRC framework outlines six major areas of cooperation:

1. Carbon Capture and Storage (CCS)

Joint research on capturing carbon dioxide and storing it through geological sequestration and mineralization to support industrial decarbonization.

2. Enhanced Oil Recovery (EOR)

Development of advanced EOR technologies to improve extraction efficiency while reducing environmental impact.

3. Business Development and Investment Linkages

Both organizations will explore commercial opportunities and technology transfer between India and Canada.

4. Geothermal Energy Research

Joint exploration of geothermal energy potential, especially in India’s northeastern regions where Oil India has significant operations.

5. Subsurface Energy Innovation

Collaboration through PTRC’s Energy Innovation Hub for underground energy production and storage research.

6. Startup and Innovation Ecosystem Support

Integration with mc2+, a Ministry of Petroleum and Natural Gas initiative, to support clean energy startups and innovation-driven projects.

Strengthening India–Canada Energy Cooperation

The partnership comes at a time when India and Canada are working to deepen bilateral cooperation. Experts view this agreement as a strategic signal of expanding collaboration in clean energy, technology exchange, and climate-focused innovation.

The involvement of senior government and diplomatic representatives underscores the agreement’s geopolitical and industrial significance.

Strategic Importance for India’s Energy Transition

For Oil India, the collaboration strengthens its position in emerging clean energy domains. Carbon capture, geothermal energy, and subsurface technologies are key pillars in reducing emissions from traditional hydrocarbon operations while enabling long-term energy security.

The partnership is expected to enhance India’s access to global research networks and advanced energy technologies.

About Oil India Limited

Oil India Limited is a Maharatna public sector undertaking engaged in exploration, development, and production of crude oil and natural gas. The company plays a key role in India’s upstream energy sector and is increasingly investing in clean energy technologies and sustainable energy transition initiatives.

Read also: Oil India Signs MoU with CSIR-IMMT to Boost R&D in Critical Minerals under NCMM


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