Category : Search result: China oil


Venezuelan Oil Could Flow to U.S. in a Year: Expert

A business professor predicts Venezuelan crude could be processed at the Irving Oil refinery in Saint John and head to the U.S. market within 12 months. Get the latest analysis on this potential energy shift.

Carney Heads to China for First PM-Xi Meeting in 8 Years

PM Mark Carney visits China to discuss trade and energy, navigating a delicate balance as Canada seeks to diversify exports while managing strained relations and ongoing U.S. dependence. Read the full analysis.

China eyes Canadian oil after US Venezuela action

Chinese refiners are seeking Canadian crude as a replacement for sanctioned Venezuelan oil, with China buying nearly 40% of Canada's seaborne exports in 2025. Discover the market shift.

U.S. to control Venezuelan oil sales indefinitely

U.S. Energy Secretary Chris Wright states American control over Venezuelan oil sales will continue indefinitely, a move with significant implications for global energy markets and geopolitics.

U.S. seizes Venezuela-linked oil tanker after pursuit

U.S. authorities have captured the Russian-flagged tanker Bella 1 following a weeks-long international chase. The seizure near Venezuela could impact global oil markets and U.S.-Canada energy dynamics. Read the full story.

U.S. and Venezuela Strike $2 Billion Oil Export Deal

The U.S. and Venezuela reach a landmark deal for up to $2 billion in crude oil exports, redirecting shipments from China. President Trump announces the agreement, which follows the capture of Nicolas Maduro.

Deloitte: Oil to hover at US$58, Alberta gas rises

A new report from Deloitte predicts oil will average US$58 a barrel in 2026 due to a persistent supply glut, while natural gas prices in Alberta show an upward trend. Read the full analysis.

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