Imperial Oil Ltd. provided an update on the progress of constructing Canada's largest renewable diesel facility near Edmonton, with the $720 million project at the Strathcona refinery poised for completion by next spring. The facility, set to have a capacity exceeding one billion liters of renewable diesel annually, will utilize locally sourced vegetable oils and low-carbon hydrogen to produce biomass-based fuel, aiding Imperial in diversifying its energy portfolio. Despite challenges in the U.S. renewable diesel market, Imperial remains optimistic, citing the project's economic viability and alignment with clean fuel standards. This initiative reflects Canada's push towards reducing carbon intensity, with renewable diesel being a key component in meeting emission reduction targets. Imperial's positive stance on the project is reinforced by a notable increase in net income for the second quarter, driven by factors such as improved crude pricing and enhanced oil export access through pipeline expansions. The company's strategic positioning and focus on environmental sustainability bode well for the future of energy production in Canada.