Category : Search result: China oil imports


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. 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.

PM Carney's China trip seeks to reset frosty relations

Prime Minister Mark Carney will visit Beijing in January 2026, aiming to reset Canada-China relations strained by trade disputes and espionage. Experts warn the trip must not complicate ties with the U.S.

Canadian Oil Prices Weaken After Venezuela Upheaval

The dramatic capture of Venezuela's president by U.S. forces has sent shockwaves through North American oil markets, weakening Canadian heavy crude prices. Discover the immediate impact and long-term outlook for Alberta's energy sector.

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