Trans Mountain pipeline pays $196K penalty for environmental lapses after 2024 storm [BNN Bloomberg (Canada)]
Kinder Morgan, Inc. (KMI)
Last kinder morgan, inc. earnings: 4/22 04:05 pm
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Source: BNN Bloomberg
The $196,000 fine is the largest cumulative penalty of its kind issued by the Canada Energy Regulator. The regulator says when a January 2024 storm hit, the company failed to ensure enough environmental workers were on hand to handle the floodwater, and directed all of its crews to one location where weld repairs were taking place and where senior leadership was set to visit. It took the company several days, in some cases, to turn its attention to issues along other stretches of the pipeline route around Abbotsford, including a small landslide and sediment-laden floodwater. The regulator says although the lapses ultimately did not result in much harm, the risk was high. The Canadian Press has reached out to Trans Mountain for comment. In what's called a notice of violation detailing its reasons for the fine, the regulator says the pipeline company repeatedly failed to prioritize known issues along the pipeline's B.C. segment as it tried to get the much-delayed project over
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- 10/22/25 - Beat
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- 12/5/25 - Form 8-K
- 11/18/25 - Form 4
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