The Daily Chase: Energy sector bracing for wildfire threat

Here are five things you need to know this morning.

Alberta wildfire season underway: Canada’s energy industry is on alert, bracing for another potentially disruptive wildfire season. Fort McMurray is under an evacuation alert as an out-of-control fire rages about 16 kilometers southwest of the Alberta town. The wildfire more than doubled over the weekend. Strong winds are pushing the fire northwest towards the Athabasca River, but away from the hub of Canada’s oilsands operations. At this point, there have been no reports of impacts on energy production related to the fire.

WestJet pilots vote against tentative deal: Pilots at WestJet have voted against a tentative labour agreement. WestJet says the results don’t affect operations at this time. The union says despite improvements to compensation and scheduling, the pilots want to see more action from WestJet to address ongoing issues with pilot recruitment, retention and morale.

Anglo American rejects revised takeover offer: There’s a new development today in the high-stakes takeover drama in the global mining industry. BHP Group says Anglo American rebuffed an improved offer it made, which it said valued the company at £34 billion. BHP says it put forward the revised proposal on May 7 and Anglo rejected it today. The Australian miner says it is disappointed that Anglo has decided not to engage in talks. Anglo had already rejected an initial approach, which it said was unworkable and undervalued the company.