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Canadian Oil Sands Stops Crude Production in Response to Fire

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   |    Monday,August 31,2015

Canadian Oil Sands Ltd has halted crude oil production after a fire damaged its processing facility in Northern Alberta on Sunday, August 30, according to a report from Reuters.

Canadian Oil Sands is the largest shareholder in the Syncrude project.  The main coker units for the project were not damaged in the fire, and Syncrude continues to operate.  Synthetic oil production has been suspended.  The company is still determining the cause of the fire.

Syncrude is a joint venture mining and upgrading project between seven partners, including: Canadian Oil Sands Ltd, Suncor Energy Inc, Imperial Oil Ltd, Nippon Oil subsidiary Mocal Energy Ltd, Murphy Oil Corp, China's Sinopec , and CNOOC subsidiary Nexen.

 








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