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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Alberta wildfires considered costliest ever natural disaster
The recent Alberta wildfires are estimated to have incurred insured losses of $2.76bn, making it the costliest ever natural disaster, according to the Insurance Bureau of Canada. The wildfires in the oil sands hub of Fort McMurray earlier this year forced the evacuation of about 9,000 residents, shut numerous oil sands operations and cut Canada’s crude oil output by more than 1mn b/d.
News Item details
Journal title: Petroleum Review
Subjects: Banking, finance and investment, Energy consumption, Crude oil, Oil sands
