tradingkey.logo

Canadian oil sands company restarts operations as wildfire risk lessens

ReutersJun 4, 2025 3:49 PM

- Canadian Natural Resources CNQ.TO has restarted its Jackfish 1 oil sands site in northern Alberta after determining wildfires in the region are a safe distance away.

The company said its operations will ramp up over the next several days, targeting full production of approximately 36,500 bpd by June 6.

Canadian Natural evacuated non-essential workers from its Jackfish 1 location and shut-in production as a precaution on May 31, due to wildfires burning in the area.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI