financetom
Business
financetom
/
Business
/
Questerre Temporarily Shuts Brazil Oil Shale Facility After Pipe Failure
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Questerre Temporarily Shuts Brazil Oil Shale Facility After Pipe Failure
Jul 31, 2026 2:07 PM

04:45 PM EDT, 07/31/2026 (MT Newswires) -- Questerre Energy ( QTEYF ) said Friday that its PX Energy oil shale processing facility in southern Brazil has been temporarily shut down following a critical pipe failure in the furnace that supplies heat to the main processing plant.

The company said operations personnel initiated the shutdown to prevent further damage to equipment. No injuries were reported and the main processing facility was not damaged.

Questerre expects the shutdown to last about three to four weeks, during which the facility will remain offline, resulting in lost production and revenue. The company estimates the direct cost of the corrective work at about C$1.5 million.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved