This is a news compilation setting the record straight on the day’s top stories about the oil and gas industry.
This tweet comparing Canada’s oil and gas industry to the United States grossly mischaracterizes well abandonment in Canada.
- In Canada, abandoned and inactive wells have strict regulations for abandonment and are required by law to be cleaned up by oil and gas companies.
- Canada is the country with the highest environmental, social and governance ranking in the world for major oil and gas producers.https://energynow.ca/2020/06/new-investment-report-counters-misconceptions-about-the-oil-sands-cec/
Here are some stories that get it right, or mostly right.
Canada’s oil and gas industry is making huge environmental strides by cutting down flaring of waste gases. This has helped reduced emissions even while Canada has increased production by 22% since 2014.