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Stock impact report

Alberta oil regulator stopped enforcing gas flaring limits after government pressure, records show [Globe and Mail, The (Toronto, Canada)]

Murphy Oil Corporation (MUR) 
Last murphy oil corporation earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.murphyoilcorp.com
Jeff McIntosh/The Canadian Press Alberta's dismantling of its 20-year-old flaring limit after companies blew through the limit two years in a row, with no objections from the federal government, is an example of the challenges Canada faces in reconciling its environmental commitments with a renewed focus on economic growth. In the lead-up to that decision, the government urged the regulator to take a “softer” tone in its communication with offending companies, taking a “humble and collaborative” approach, previously unreported e-mail records show. “It is desirable to work with our industry partners to address this issue,” an Alberta Environment Department official wrote to the regulator. The regulator, described by the Alberta government as an arm's-length independent body, was urged to implement the change with “no proactive communications or announcements.” Alberta vows to implement new standards for releasing treated oil sands mine water The AER said in an e-mail it did Show less Read more
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