Oil Price Texas Panhandle oil refineries and cattle ranches remain under critical threat as wildfires continue to spread, now consuming 500,000 acres after having prompted the temporary evacuation of the United States’ primary nuclear weapons assembly plant. Earlier on Wednesday, Texas Governor Greg Abbott had declared a disaster for 60 counties being affected by four separate wildfires that have so
World News (Bloomberg) – The number of wildfires rose in Canada’s main oil-producing province over the weekend as a heat wave brought hot, dry conditions, prompting officials to warn of more blazes to come. As of Sunday afternoon, there were 87 active fires in the province with 24 considered out of control, up from 21 the previous day. “The fire
World Oil (Bloomberg) — Wildfires burning across the Canadian province of Alberta have prompted the evacuation of almost 30,000 residents and the shut down of oil and natural gas wells and pipeline systems. A total of 109 blazes were burning as of late Sunday, 30 of which were classified as out of control, and a provincial state of emergency has
Oil & Gas 360® spoke with Tim McMillan, president and CEO of Canadian Association of Petroleum Producers about the ongoing wildfires in Alberta, Canada. McMillian said that a number of uncertainties remain with the fire, such whether or not the weather will remain cooler, but that most producers in the area are now bringing production back online. Watch Oil &
