Canadian Underwriter

Silhouette of two oil well drills against a blue and orange sunset. Pump Jacks working out in Weyburn Saskatchewan, Canada. Image taken from a tripod.
News Climate Change

The estimated cost of cleaning Canada’s orphan oil and gas wells

January 31, 2022 by Alyssa DiSabatino

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…
News ClaimsLegislation / Regulation

Oil spill off Newfoundland shore can’t be cleaned up

November 22, 2018 Holly McKenzie-Sutter - THE CANADIAN PRESS

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…