Cenovus Energy restarts full production at Christina Lake site

Canadian company Cenovus Energy has fully resumed oil sands production at its Christina Lake site following a wildfire-related shutdown in Alberta.

Share:

Cenovus Energy Inc. has restarted all production operations at its Christina Lake site, located in Alberta’s oil sands region, after a temporary suspension caused by wildfires affecting the province. The restart began on June 3, with production levels gradually restored over the following week, according to a statement released by the company on June 12.

Production infrastructure remains intact

Inspections confirmed that no Cenovus Energy-owned facilities were damaged during the incident. The company reported that no assets were compromised and that safety conditions allowed for a smooth resumption of operations. The Christina Lake site is one of Cenovus’s major oil sands assets, using in situ steam-assisted extraction technology.

The rapid production recovery comes amid close monitoring by Canada’s oil industry of potential disruptions linked to extreme weather conditions. Cenovus Energy stated that it continues to track the wildfire situation in Alberta in coordination with the province’s emergency management teams.

A strategic site for heavy crude supply

Christina Lake accounts for a significant portion of Cenovus Energy’s production capacity, with a nominal output exceeding 250,000 barrels per day. The full restart is therefore a key signal for markets, especially regarding the heavy crude supply to North American refineries.

The restart was conducted in accordance with the company’s internal safety protocols and provincial regulations. Cenovus Energy did not disclose numerical details regarding the impact of the temporary shutdown. The company has not stated whether volume reductions were applied to supply contracts during the suspension period.

Ongoing monitoring and local team mobilisation

The company acknowledged the support of field crews and provincial response services in managing the situation. It is maintaining active surveillance of the region due to ongoing wildfire risks.

Cenovus Energy’s leadership stated that employee safety and asset protection remain top priorities. “We continue to closely monitor the situation in the province,” the company said in its statement.

The private OCP pipeline has resumed operations in Ecuador following an interruption caused by heavy rains, while the main SOTE pipeline remains shut down, continuing to impact oil exports from the South American country.
McDermott secures contract worth up to $50 million with BRAVA Energia to install subsea equipment on the Papa-Terra and Atlanta oil fields off the Brazilian coast.
Saudi Aramco increases its oil prices for Asia beyond initial expectations, reflecting strategic adjustments related to OPEC+ production and regional geopolitical uncertainties, with potential implications for Asian markets.
A bulk carrier operated by a Greek company sailing under a Liberian flag suffered a coordinated attack involving small arms and explosive drones, prompting an Israeli military response against Yemen's Houthis.
The Canadian government is now awaiting a concrete private-sector proposal to develop a new oil pipeline connecting Alberta to the Pacific coast, following recent legislation intended to expedite energy projects.
Petrobras is exploring various strategies for its Polo Bahia oil hub, including potentially selling it, as current profitability is challenged by oil prices around $65 per barrel.
Brazilian producer Azevedo & Travassos will issue new shares to buy Petro-Victory and its forty-nine concessions, consolidating its onshore presence while taking on net debt of about USD39.5mn.
Major oil producers accelerate their return to the market, raising their August quotas more sharply than initially expected, prompting questions about future market balances.
Lindsey refinery could halt operations within three weeks due to limited crude oil reserves, according to a recent analysis by energy consultancy Wood Mackenzie, highlighting an immediate slowdown in production.
The flow of crude between the Hamada field and the Zawiya refinery has resumed after emergency repairs, illustrating the mounting pressure on Libya’s ageing pipeline network that threatens the stability of domestic supply.
Libreville is intensifying the promotion of deep-water blocks, still seventy-two % unexplored, to offset the two hundred thousand barrels-per-day production drop recorded last year, according to GlobalData.
The African Export-Import Bank extends the Nigerian oil company’s facility, providing room to accelerate drilling and modernisation by 2029 as international lenders scale back hydrocarbon exposure.
Petronas begins a three-well exploratory drilling campaign offshore Suriname, deploying a Noble rig after securing an environmental permit and closely collaborating with state-owned company Staatsolie.
Swiss commodities trader Glencore has initiated discussions with the British government regarding its supply contract with the Lindsey refinery, placed under insolvency this week, threatening hundreds of jobs and the UK's energy security.
Facing an under-equipped downstream sector, Mauritania partners with Sonatrach to create a joint venture aiming to structure petroleum products distribution and reduce import dependency, without yet disclosing specific investments.
Dalinar Energy, a subsidiary of Gold Reserve, receives official recommendation from a US court to acquire PDV Holdings, the parent company of refiner Citgo Petroleum, with a $7.38bn bid, despite a higher competing offer from Vitol.
Oil companies may reduce their exploration and production budgets in 2025, driven by geopolitical tensions and financial caution, according to a new report by U.S. banking group JP Morgan.
Commercial oil inventories in the United States rose unexpectedly last week, mainly driven by a sharp decline in exports and a significant increase in imports, according to the US Energy Information Administration.
TotalEnergies acquires a 25% stake in Block 53 offshore Suriname, joining APA and Petronas after an agreement with Moeve, thereby consolidating its expansion strategy in the region.
British company Prax Group has filed for insolvency, putting hundreds of jobs at its Lindsey oil site at risk, according to Sky News.