The cost of cleaning up orphaned oil and gas wells across Canada could skyrocket between 2020 and 2025, says a new report from Canada’s parliamentary budget officer. Provincial regulators require oil and natural gas companies to close inactive or abandoned…
JOHN’S, N.L. It’s now impossible to clean up Newfoundland’s largest-ever oil spill that leaked into the ocean last week, according to the regulatory board that oversees the province’s offshore activities. The 250,000-litre spill happened on Friday morning while Husky Energy’s…