The Alberta Energy Regulator’s environmental protection order against Obsidian came late on Thursday, following a separate study published by Stanford University and University of Alberta
fell as much as 4 per cent pre-market on Friday after Alberta’s energy regulator said the Canadian oil and gas producer triggered a series of earthquakes in the province between November and March.
The Alberta Energy Regulator’s environmental protection order against Obsidian came late on Thursday, following a separate study published by Stanford University and University of Alberta that said injection of wastewater from oil sands operations in the area caused one of the strongest earthquakes in the history of the region.
An investigation conducted by an AER’s branch concluded that Obsidian’s disposal operation induced the seismic events, the regulator said, giving the company 15 days to implement its recommended mitigation plan, among other steps.Shares of the company were trading down 4 per cent at C$5.74.Your Globe
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil and gas activity was catalyst for Peace River earthquakes in 2022, study finds | CBC NewsA study from the University of Alberta and Stanford University has found oil and gas activity likely induced one of the province's largest documented earthquakes that took place last November.
Read more »
Alberta announces funding for economic growth in rural municipalities | Globalnews.caThe province has allocated $1.125 million to the nine regional economic development alliances to drive economic growth and development in rural Alberta.
Read more »
Alberta Energy Regulator ignored law regarding Imperial Oil's tailings pond leak: lawyerA Calgary lawyer asked for a probe of why Alberta\u0027s energy regulator didn\u0027t issue an alert about Imperial Oil\u0027s tailings pond leak. Read on
Read more »
Privacy commissioner investigating Alberta Energy Regulator over Kearl oilsands site leak | Globalnews.caArea First Nations and the Northwest Territories government have said they should have been kept in the loop on the spills from Imperial's Kearl mine tailings ponds.
Read more »
Alberta funds 400 new affordable housing units across province in budget | Globalnews.caThe funding is provided through the province’s affordable housing partnership program, which gives money to public, private and non-profit organizations.
Read more »