Suncor Halts Firebag Oilsands Production Due to Nearby Wildfire
The wildfire, now out of control, poses significant risks to infrastructure in northern Alberta, prompting precautionary measures.
- Suncor's Firebag site, producing 215,000 barrels per day, has been shut down to ensure worker safety.
- The wildfire is approximately eight kilometers northeast of the Firebag site and has grown to 2,119 hectares.
- Firefighters are actively working to control the blaze, with additional resources being deployed.
- The shutdown has led to a rise in Canadian crude oil prices, narrowing the discount to the U.S. benchmark.
- Other nearby oil facilities, including Imperial Oil's Kearl site, remain operational but are on high alert.