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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.
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