Shell says Canada oil sands projects may not meet waste targets

The head of Royal Dutch Shell's (RDS.A, RDS.B) Canadian unit says the company may not be able to meet promised targets for reducing toxic wastes from oil sands.

Shell, which operates two major oil sands surface mines in Alberta, had committed to cutting the amount of waste generated by its Canadian heavy oil extraction projects, but producers have struggled to meet reduction targets and now face the prospect of penalties if those goals remain unmet.

Shell and other oil sands mine operators have urged Alberta's government to ease requirements to allow the industry more time and flexibility.

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