Imperial's oilsands permit restored
Reuters
Published: Saturday, June 07, 2008
CALGARY - Imperial Oil Ltd. again has all the approvals it needs to go ahead with its $8-billion Kearl oilsands project after the federal Department of Fisheries and Oceans (DFO) reinstated its authorization, revoked in March during a legal battle.
The federal department gave Imperial, Canada's biggest oil producer and refiner, a new permit yesterday to disturb fish habitat at the proposed northern Alberta mining site, DFO spokesman Phil Jenkins said.
The company, which aims to develop the 300,000 barrel a day project along with U.S. oil major Exxon Mobil Corp, said it can now resume site preparation at Kearl, located north of the oilsands hub of Fort McMurray, Alta. The partners' final go-ahead decisions are expected later this year or early next, Imperial spokesman Gordon Wong said.
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