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ConocoPhillips Canada fined $180,000 for 2016 Alberta leak [Business News Network (BNN) Energy & Resources (Canada)]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
ConocoPhillips Canada fined $180,000 for 2016 Alberta leak CALGARY - Oil and gas producer ConocoPhillips Canada is being fined $180,000 for a 2016 pipeline leak that spilled a light petroleum liquid in a remote area of northwestern Alberta. The Alberta Energy Regulator says the leak of 380,000 litres of condensate resulted in 38 observed fatalities to unspecified species of wildlife and hundreds of potential wildlife deaths as it affected nearly three square kilometres of land as well as nearby waterways. It is assessing a $165,000 fine to account for the 33 days in May to June 2016 that the company failed to report the release to the regulator as it should have. The regulator is also fining the Canadian arm of Houston-based ConocoPhillips Co. ( COP.N ) $5,000 each for three counts related to failing to develop and maintain a leak-detection manual for the pipeline, failing to take reasonable measures to remedy and confine the leak and for allowing the release to damage public land. In Show less Read more
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