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Cooler Weekend Weather Aids Firefighting Efforts Across Northern, Central Alberta

  • On May 31, 2025, MEG Energy Corp. Reported that wildfires near its Christina Lake project in Alberta forced precautionary evacuation of non-essential staff while maintaining critical operations onsite.
  • These actions followed wildfires causing a power line outage that disconnected MEG from Alberta's grid and delayed the startup of its Phase 2B expansion producing about 70,000 barrels per day.
  • MEG's CEO Darlene Gates emphasized that safety remains a top priority with no immediate risk to people or assets, and the company is working closely with authorities and industry peers to resume normal operations.
  • Goldman analyst Adam Wijaya reported that there are over 50 wildfires in Alberta, with 28 remaining uncontrolled, posing a threat to the region’s crude oil production. He emphasized that attention is centered on tracking the development of these fires.
  • The ongoing fires threaten Alberta’s oil production, which could tighten North American supply amid the summer driving season and may force U.S. Refiners to seek costlier alternatives if disruptions worsen.
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Zero Hedge broke the news in United States on Saturday, May 31, 2025.
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