Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cenovus Energy Inc T.CVE

Alternate Symbol(s):  T.CVE.PR.E | T.CVE.PR.G | CVE.WS | T.CVE.WT | CNVEF | CVE | T.CVE.PR.A | T.CVE.PR.B | T.CVE.PR.C

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.


TSX:CVE - Post by User

Comment by Quintessential1on Jun 26, 2023 8:17am
170 Views
Post# 35514166

RE:Diesel Spill

RE:Diesel SpillReading the report I am not quite sure where the "non-compliance" comes into play.  It seems like CVE did everything they were suposed to with the small exception of spilling the 1000 liters od diesel in the first place. 

Hopefully, the fact that it was being used for fire suppression and possibly by inexperienced and overworked or rushed hands trying to  do the right thing they will get a little leniency.

GLTA

retiredcf wrote:

Cenovus Energy Inc. has been slapped with a non-compliance order in Alberta after more than 1,000 litres of diesel spilled into a popular fishing lake and the surrounding area.

The Calgary-based oil producer’s spill came from a temporary diesel-powered generator that it was operating in the northwest corner of Alberta, about 140 kilometres west of High Level, according to the Alberta Energy Regulator (AER) order issued last week. The AER demands that Cenovus immediately contain the diesel and prevent any further release or migration into the environment.

The notice is the latest in a spate of similar orders the regulator has issued over the past six months, which have all involved water tainted with various pollutants being spilled by oil companies into various waterbodies in the province.

 

Cenovus restarted oil activities in the region earlier this month, after devastating wildfires in May damaged electricity infrastructure and shut down a swath of production by multiple companies. For Cenovus, that included its operating areas in Rainbow Lake, Kaybob-Edson, Elmworth-Wapiti and Clearwater.

The company said on June 6 that about 20,000 barrels of oil equivalent a day were expected to return to production within seven to 10 days at sites in its Rainbow Lake operating area.

Cenovus told The Globe and Mail in an e-mail on Sunday that the generator involved in the spill was being used as part of the company’s wildfire response “to ensure adequate fire suppression and community safety.”

On June 17, about 2,000 litres of diesel from the generator leaked onto the ground at the site. Between 1,000 and 1,500 litres of that migrated into Rainbow Lake and the surrounding area, according to the AER.

Popular with anglers, Rainbow Lake is home to several species of fish and is regularly used recreationally and by local Indigenous communities.

Given diesel’s harmful effects on the environment, Cenovus activated its emergency response plan, notified the regulator and retained third-party contractors to contain and recover the oil.

Cenovus told The Globe it deployed multiple booms to contain the release, and remediation at the site is under way.

In the notice issued to the company on June 20, the AER told it to identify and report to the regulator any parties that could be adversely affected by the release, including domestic, Indigenous, agricultural, commercial and recreational users of nearby lands and waterbodies.

Cenovus was also ordered to start a sampling program to test daily for hydrocarbons in soil, water and vegetation in the area, and to determine the extent and concentration of contamination. And it must conduct an assessment of impacted fish and wildlife.

Cenovus told The Globe that its most recent water sampling didn’t detect any hydrocarbons in the locations being monitored, including where the diesel entered the water. It said environmental monitoring is continuing.

“We have been closely following AER direction, updating our stakeholders including Indigenous communities, and will continue to provide the AER with regular updates and information as the remediation continues,” it said.

Cenovus has three months to submit a report to the regulator detailing how the spill happened and how it will prevent similar releases in the future.



<< Previous
Bullboard Posts
Next >>