Wildfires erupt in Canada crude patch in threat to oil sands
One 7-acre fire is within about 6 miles of MEG Energy Corp.’s Christina Lake site, which produced almost 100,000 barrels a day in May.
China will fully lift access restrictions on foreign investment in coal, oil, gas, power generation, excluding nuclear, as well as the new energy businesses, according to a sector white paper released on Monday.
Separately, a top energy official told reporters that recent power shortages in some Chinese regions are singular cases and the nation’s energy supplies including power are generally secure.
(Reporting by Beijing newsroom; Editing by Toby Chopra)
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