Wildfires in Alberta disrupt Canadian oil output and prompt state of emergency.

1 min read
Source: Reuters
Wildfires in Alberta disrupt Canadian oil output and prompt state of emergency.
Photo: Reuters
TL;DR Summary

Alberta has declared a state of emergency due to unprecedented wildfires, resulting in the shutdown of at least 145,000 boepd of oil equivalent production. Several energy companies, including Paramount Resources, Crescent Point Energy, Vermilion Energy, Pipestone Energy, Kiwetinohk Energy, Tourmaline Oil, and Cenovus Energy, have reported temporary shutdowns of their operations in the affected areas, with some assessing minimal damage to their infrastructure.

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