Wildfires Temporarily Knock Out Oil Sands Production
8 Articles
8 Articles
Fires in Alberta Lead to a 7% Drop in Oil Production in Canada
Massive wildfires have engulfed Alberta, a key energy-producing province in Canada, forcing oil companies to halt production. As of June 2, the total volume of shut-in production is estimated at nearly 350,000 barrels of heavy oil per day, which represents approximately 7% of the country’s total production. The immediate threat to oil sands infrastructure comes from a large-scale wildfire burning near the province’s eastern border. Among the ope…
Alberta wildfires disrupt 7% of Canadian oil production, spark supply concerns across North America
Wildfires raging in Alberta have sparked a silent explosion in North America’s energy markets, grounding 7% of Canada’s oil production and testing the resilience of a sector critical to both American energy security and global stability. Companies like Cenovus Energy, Canadian Natural Resources and MEG Energy have temporarily halted production worth 344,000 bpd due to flames advancing toward key oil sands installations near Fort McMurray. The af…
Canadian Oil Sands Company Restarts Operations as Wildfire Risk Lessens - Energy News, Top Headlines, Commentaries, Features & Events
(Reuters) – Canadian Natural Resources has restarted its Jackfish 1 oil sands site in northern Alberta after determining wildfires in the region are a safe distance away. The company said its operations will ramp up over the next several days, targeting full production of approximately 36,500 bpd by June 6. Canadian Natural evacuated non-essential workers ...
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