Sentences with phrase «oilsands production shutdowns»

However, the massive forest fire in Alberta that resulted in oilsands production shutdowns earlier this month have cut into expectations for the economy in the second quarter.

Not exact matches

Cenovus said sales volumes in the fourth quarter were about seven per cent lower than oilsands production due to the two - week shutdown and subsequent volume constraints on TransCanada Corp.'s Keystone pipeline following an oil spill in November in South Dakota.

Experts had long predicted the economy to bounce back from the second - quarter slump, which was largely due to oil - production shutdowns linked to May's Alberta wildfires and scheduled maintenance at oilsands facilities.