• 5 minutes Global Economy-Bad Days Are coming
  • 8 minutes IT IS FINISHED. OPEC Victorious
  • 14 minutes Venezuela continues to sink in misery
  • 17 minutes Could Tesla Buy GM?
  • 20 mins Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 30 mins OPEC Cuts Deep to Save Cartel
  • 1 hour What will the future hold for nations dependent on high oil prices.
  • 2 hours Price Decline in Chinese Solar Panels
  • 3 hours And the War on LNG is Now On
  • 6 hours Alberta Cuts Push Prices Too High
  • 51 mins How High Can Oil Prices Rise? (Part 2 of my previous thread)
  • 1 day Congrats: 4 journalists and a newspaper are Time’s Person of the Year
  • 2 hours USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 2 days Permian Suicide
  • 2 days Asian stocks down
  • 3 hours Rigs Down

Breaking News:

Total To Boost Exploration In Mauritania

Alt Text

Is Gasoline Demand Really Slipping?

In a somewhat befuddling scenario,…

Alt Text

Putin Looks To Capitalize On Waning U.S.-Saudi Relations

With U.S.-Saudi relations dwindling, Crown…

Charles Kennedy

Charles Kennedy

Charles is a writer for Oilprice.com

More Info

Trending Discussions

Wildfires in Alberta Force City of 80,000 to Evacuate

Massive wildfires rapidly moved in on Fort McMurray in Alberta, the jumping off point for much of Canada’s oil sands operations. The fire forced the city to declare a mandatory evacuation for the city’s entire population.

An estimated 80,000 people had to abandon the city at once – the largest evacuation in Alberta’s history – but the highway out of town careened near flames from the forest fire. The skies turned black from smoke and videos of the scenes are stunning. According to some reports, entire neighborhoods were destroyed, but fortunately, no injuries have been reported thus far.

The boreal forests have suffered from unusually dry weather and heat, making them susceptible to fire outbreaks. There were around 35 wildfires in Alberta as of May 3. Related: OPEC’s No. 2 Under Serious Threat From Political Instability

Suncor Energy, a leading Canadian oil sands producer, said that it was “reducing production” at all of its operations in the region to accommodate workers and their families fleeing the region. The company declined to specify how the volume of production that would be affected. Suncor produces 453,000 barrels per day at its oil sands operations in northern Alberta. Shell also shut down its Albian Sands mining operations to focus on employees and families affected. Related: Why The Petrodollar Is Facing Its End

ExxonMobil, Imperial Oil, and Canadian Natural Resources all have operations in Alberta but have no plans yet to cut back on production. Other companies, including Syncrude, Nexen Energy, and Enbridge said their operations have also not been affected. Several workers camps were opened up to evacuees fleeing Fort McMurray.

A year ago in May, another wave of wildfires struck the province, cutting off 9 percent of Alberta’s oil sands production. Cenovus Energy and Canadian Natural Resources closed down some facilities temporarily.

By Charles Kennedy of Oilprice.com

More Top Reads From Oilprice.com:




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News