financetom
Business
financetom
/
Business
/
Alberta regulator fines Imperial Oil over tailings leak
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alberta regulator fines Imperial Oil over tailings leak
Aug 23, 2024 11:31 PM

Aug 22 (Reuters) - The Alberta Energy Regulator said on

Thursday it has imposed an administrative penalty of C$50,000

($36,764.71) on Imperial Oil ( IMO ) over a months-long toxic

tailings leak at the oil and gas producer's Kearl oil sands

mine.

The AER has also asked the Canadian energy firm to submit

two reports to raise awareness about the leaks - the first on

seepage mitigation and monitoring and the other on the potential

impacts of the release of industrial wastewater.

The toxic tailings water had been seeping for months from

the Kearl mine of Imperial - which is majority owned by Exxon

Mobil - from May 2022, but it only came to light after the

company reported a separate leak in February last year.

The seepage of tailings, a toxic mining by-product

containing water, silt, residual bitumen and metals, had angered

local indigenous communities, who hunt and fish on the lands

downstream from Canada's oil sands mines.

The AER also revealed the first findings of an investigation

on the leakage on Thursday and said a shallow subsurface route

from on-lease industrial wastewater sources bypassed existing

deep groundwater seepage prevention system, which caused the

tailings release.

The regulator said no impacts to fish, amphibians or other

wildlife have been reported so far and the investigation on the

leakage would continue.

($1 = 1.3600 Canadian dollars)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ericsson Unveils Consolidation of Global Operating Structure
Ericsson Unveils Consolidation of Global Operating Structure
Feb 25, 2025
05:12 AM EST, 02/25/2025 (MT Newswires) -- Ericsson (ERIC) disclosed Tuesday a consolidation of its global operating structure, targeting efficiencies. The three regions of Europe and Latin America, North America, and the Middle East and Africa have been consolidated. The Americas is one market segment. Europe, the Middle East, and Africa represent the only other. Alongside the rejig, the company...
Shell expects 60% rise in global LNG demand by 2040
Shell expects 60% rise in global LNG demand by 2040
Feb 25, 2025
LONDON/SINGAPORE (Reuters) - Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday. Demand for natural gas continues to rise globally as the world transitions to cleaner fuels....
Shell expects 60% rise in global LNG demand by 2040
Shell expects 60% rise in global LNG demand by 2040
Feb 25, 2025
LONDON/SINGAPORE, Feb 25 (Reuters) - Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday. Demand for natural gas continues to rise globally as the world transitions to...
Myriad Genetics Appoints Sam Raha as Chief Executive
Myriad Genetics Appoints Sam Raha as Chief Executive
Feb 25, 2025
05:07 AM EST, 02/25/2025 (MT Newswires) -- Myriad Genetics ( MYGN ) said late Monday it has named Chief Operating Officer Sam Raha as chief executive and president, effective April 30, succeeding Paul Diaz. Diaz, who is leaving to become a managing partner at private-equity firm Cressey, will continue serving as consultant to Raha. Myriad said that Chief Commercial Officer...
Copyright 2023-2026 - www.financetom.com All Rights Reserved