Fire causes Canadian oil output to plummet

The “Global Post” of Canada reported on May 6 that the area of ​​forest fires in northern Alberta has reached 850 square kilometers, forcing Fort McMurray to withdraw more than 80,000 people, causing a large number of oil companies to be in a fire. Oilfields near the disaster areas are shut down or reduced production, and daily oil production is expected to decrease by 800 to 1 million barrels, accounting for about one-fourth of the country’s daily oil production.

CNOOC Nixon Energy shuts down the Long Lake oil sands project with a daily output of 50,000 barrels. Syncrude Canada and Husky Energy, which have stakes in Sinopec and CNOOC, cut production. Royal Dutch Shell and Suncor Energy's daily output of 255,000 barrels and 350,000 barrels of oil sands were halted. At present, there have been no fire damage to oilfield facilities. Several regional pipelines operated by Inter Pipeline and Pembina Pipeline closed.