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Canada’s Oil Sands Companies Join Forces to Clean Up, Globe Says

Dec. 7 (Bloomberg) -- Canada’s biggest oil sands companies are collaborating to clean up the lakes of toxic effluent they leave behind them, the Globe & Mail reported, citing an interview with Steve Laut, the president of Canadian Natural Resources Ltd.

Rather than try to sell or license their intellectual property, the companies will share it with one another.

Lakes of effluent cover 170 square kilometers of northeastern Alberta; they’re an eyesore and a danger to wildlife, the Globe & Mail said.

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To contact the editor responsible for this story: Alan Purkiss at apurkiss@bloomberg.net

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