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Posts Tagged ‘stranded assets’

IEEFA: Canada’s major banks continue funding oil and gas companies despite growing concerns over decommissioning liabilities

This article was written by Omar Mawji and originally published in the IEEFA on May 25, 2022. May 25, 2022 (IEEFA)—Oil and gas companies across western Canada are unable to meet their share of the total $72 billion in future decommissioning obligations even if oil prices stay above $85 per barrel, according to a new…

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