Oilsands production shutdown from Fort McMurray wildfire another blow to sector

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Suncor, Royal Dutch, Syncrude, Husky and Connacher announced partial to complete production shutdowns to focus on housing evacuated employees and residents.

A furious wildfire in Fort McMurray, Alta., the heart of Canada’s oilsands region, forced many producers Wednesday to curb output, dealing a further blow to a sector already devastated by low oil prices.

Suncor Energy Inc., Royal Dutch Shell PLC., Syncrude Canada Ltd., Husky Energy Inc., Connacher Oil and Gas Ltd., announced partial to complete production shutdowns to focus on housing evacuated employees and residents, and deploy resources to protecting the community.

Alberta Energy Minister Marg MacCuaig Boyd said that while oilsands mines and in-situ projects are located to the north and south of Fort McMurray, some oil and gas infrastructure is located in the impacted area and companies were taking steps to secure those operations.

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