Energy
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Canada Oil Capacity Falls

Canada Oil Capacity FallsCanada Oil Capacity Falls

Alberta forest fires have prompted the shutdown of about 9 percent of Canada’s oil sands production, Bloomberg reported. Cenovus Energy Inc. closed its 130,000-barrel Foster Creek operations and Canadian Natural Resources Ltd. shut its 80,000-barrel-a-day Primrose project after a forest fire broke out on the Cold Lake Air Weapons Range in northeastern Alberta, the companies said.

 

Financialtribune.com