Robert Tuttle

Sherwood Park

Reporter at Bloomberg News

Bloomberg News Journalist covering energy. All views expressed are my own.

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Articles

Alberta Fire Threat Stabilizes as Rain Slows Blazes’ Growth

3 days ago | bloomberg.com | Robert Tuttle |Brian K. Sullivan

Smoke rises from Edith Lake wildfire SWF076, which forced the evacuation of the nearby town of Swan Hills, Alberta, Canada. (Bloomberg) -- Alberta’s wildfire threat stabilized as rain slowed the growth of some blazes and one oil sands operator resumed operation after shutting down last week. Canadian Natural Resources Ltd. said it started its Jackfish 1 site on Monday and expects to ramp production up to 36,500 barrels a day by June 6.
Petróleo, clima y vehículos eléctricos: cinco gráficos clave a seguir esta semana

4 days ago | bloomberglinea.com | Mary Hui |Tope Alake |Robert Tuttle |Nasuna Stuart-Ulin

Bloomberg — En Canadá, los incendios forestales están amenazando el suministro petrolero del país, en tanto que el tiempo seco en Estados Unidos está situando las calificaciones iniciales del maíz y el trigo por debajo de la media. Asimismo, descienden las exportaciones estadounidenses de soja y maíz. El clima está pasando factura, a pesar de que la IA ha logrado mejorar la capacidad de predecirlo con mayor precisión.
Wildfires in Alberta Pose Growing Threat to Canada’s Oil

1 week ago | insurancejournal.com | Robert Tuttle |Brian K. Sullivan

Wildfires are threatening about 5% of Canada’s crude output as a blaze in Alberta’s oil sands region spreads and approaches major production sites. A total of 26 out-of-control fires are burning in the province amid hot, dry weather, bringing flames within 20 kilometers (12 miles) of about 245,000 barrels of daily oil production, according to data from Alberta’s energy regulator and wildfire department. The province had only four out-of-control fires on Monday.
Wildfires in Alberta Pose Growing Threat to Canada’s Oil

1 week ago | bloomberg.com | Robert Tuttle |Brian K. Sullivan

(Bloomberg) -- Wildfires are threatening about 5% of Canada’s crude output as a blaze in Alberta’s oil sands region spreads and approaches major production sites. A total of 26 out-of-control fires are burning in the province amid hot, dry weather, bringing flames within 20 kilometers (12 miles) of about 245,000 barrels of daily oil production, according to data from Alberta’s energy regulator and wildfire department. The province had only four out-of-control fires on Monday.
Alberta Fires Threaten an Oil Industry Already Facing Dry Tanks Amid Trade War

1 week ago | bloomberg.com | Kevin Orland |Robert Tuttle |Brian K. Sullivan

Welcome to our guide to the commodities markets powering the global economy. Today, Calgary Bureau Chief Kevin Orland explores how wildfire season is hitting Alberta when its crude inventories are unusually low. May and June typically are tense months for Alberta oil producers as the region’s wildfire season roars to life, menacing workers and operations.
Wildfires erupt near northern Alberta oil well sites

1 week ago | financialpost.com | Robert Tuttle

Article contentHot weather sparked a string of wildfires around Alberta over the weekend, including some near oil and gas wells operated by Canadian Natural Resources Ltd. and others. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
Wildfires erupt near northern Alberta oil well sites

1 week ago | calgaryherald.com | Robert Tuttle

Article contentHot weather sparked a string of wildfires around Alberta over the weekend, including some near oil and gas wells operated by Canadian Natural Resources Ltd. and others. Sign In or Create an AccountArticle contentArticle contentThree out-of-control fires were burning in Alberta at noon Monday, including a 1,606-hectare blaze that prompted an emergency alert for the town of Swan Hills.
Wildfires Erupt Near Alberta Oil Well Sites Amid Hot Weather

1 week ago | bloomberg.com | Robert Tuttle

The SWF076 wildfire, located north of Swan Hills, Alberta, Canada, in this photo release by Alberta Wildfire on May 26. (Bloomberg) -- Hot weather sparked a string of wildfires around Alberta over the weekend, including some near oil and gas wells operated by Canadian Natural Resources Ltd. and others. Four out-of-control fires were burning in Alberta at 4:15 p.m. Monday, including a 2,000-hectare blaze near Swan Hills.
Oil's Plunge, Trade Wars Drive Drilling Land Sales Down in Western Canada

1 week ago | financialpost.com | Robert Tuttle

Advertisement 1A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading as US President Donald Trump’s trade war and OPEC+ production increases hammer crude prices. Article content(Bloomberg) — A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading as US President Donald Trump’s trade war and OPEC+ production increases hammer crude prices. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.
Oil’s Plunge, Trade Wars Drive Drilling Land Sales Down in Western Canada

1 week ago | bloomberg.com | Robert Tuttle

Oil storage containers and pipelines at the Hardisty terminal in Hardisty, Alberta(Bloomberg) -- A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading as US President Donald Trump’s trade war and OPEC+ production increases hammer crude prices. The average price paid to lease oil sands lands for development tumbled to C$771 per hectare this year, according to provincial data. That’s down 18% from last year’s average, which was the highest since 2007.