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12.06.25 - 12:03
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Cenovus Energy restores full production at Christina Lake (GlobeNewswire EN)
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CALGARY, Alberta, June 12, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has now safely ramped up production at its Christina Lake oil sands asset following wildfire activity in the area. Production operations restarted on June 3 and production was ramped up over the course of the week....
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03.06.25 - 01:30
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Alberta Wildfires Disrupt 7% Of Canada′s Oil Production (ZeroHedge)
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Alberta Wildfires Disrupt 7% Of Canada's Oil Production
Wildfires in Alberta, Canada — the country's energy hub — have shuttered 344k barrels per day of oil sands production, or about 7% of national output.
Cenovus Energy, MEG Energy, and Canadian Natural Resources have halted output because of a 61,500-hectare blaze near the Saskatchewan border.
One of the 26 active wildfires is about 6 miles from 470k barrels bpd of oil sands production.
What's critical to know:
Affected companies include Cenovus Energy, MEG Energy, and Canadian Natural Resources.
Roughly 470k bpd of production is within 6 miles of active fires.
Cenovus halted its Christina Lake site (238k bpd) last Thursday, expecting to restart soon
MEG Energy delayed restarting part of its 70k bpd site due to power outages.
Canadian Natural shut 36k bpd at its Jackfish 1 site after evacuations.
Important context: Canada produces 4.9 million bpd. It's the largest foreign oil supplier to the U.S.,...
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02.06.25 - 00:15
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Cenovus Energy provides operations update on impact of Alberta wildfires (GlobeNewswire EN)
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CALGARY, Alberta, June 01, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is providing an update on its Oil Sands operations following ongoing wildfire activity in northern Alberta. Cenovus is focused on the safety of its people and the integrity of its assets, and all staff are safe. Based on the inspections the company has completed to date, it is not aware of any damage to its infrastructure and would anticipate a full restart of Christina Lake operations in the near term....
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