Market Impact: Neutral. After market close on September 2nd, COS disclosed it expects Syncrude to return back to normal production rates around the end of September, as Syncrude implements a plan to recover from a previously disclosed process fire that occurred early on August 29th at the Mildred Lake upgrader. In the meantime, synthetic crude oil shipments and operating rates are expected to be minimal for the next two weeks.
02 Sep 2015
NORMAL PRODUCTION RATE AT SYNCRUDE ANTICIPATED FOR END OF SEPTEMBER
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
NORMAL PRODUCTION RATE AT SYNCRUDE ANTICIPATED FOR END OF SEPTEMBER
- Published:
02 Sep 2015 -
Author:
Michael P. Dunn -
Pages:
2
Market Impact: Neutral. After market close on September 2nd, COS disclosed it expects Syncrude to return back to normal production rates around the end of September, as Syncrude implements a plan to recover from a previously disclosed process fire that occurred early on August 29th at the Mildred Lake upgrader. In the meantime, synthetic crude oil shipments and operating rates are expected to be minimal for the next two weeks.