Polluter Pay Federation and ALDP File a Group Statement of Concern with the Regulator – Objecting to Transfer of Well, Facility and Pipeline Licenses from Shell to Pieridae Without Related Security

Background Unfunded upstream oil and gas (end of life) liabilities are serious problems that continue more or less unchecked in Alberta. Total liabilities for upstream oil and gas wells alone are between $30-$70 Billion (Alberta Liability Disclosure Project published estimates using Regulator data). Alberta Energy Regulator (AER) Directive 006 requires the AER as the Regulator… Click here to read more

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