Canada’s Alberta providing another C$400 mln for oil and gas site cleanup

CALGARY, Alberta, Feb 12 (Reuters) – Canada’s main oil-producing province Alberta said on Friday it will provide another C$400 million in funding to clean up inactive oil and gas wells, part of a program aimed at supporting oilfield services jobs. The funding comes on top of C$400 million for well cleanups made available last year. It is part of Alberta’s Site Rehabilitation Program that will access up to C$1 billion of federal COVID-19 economic stimulus measures aimed at the oil and gas industry. (Reporting by Nia Williams Editing by Chris Reese)

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