Heavy Snow Warning: 10-15 cm Forecast for Ottawa
Environment Canada warns of heavy snowfall up to 15 cm and gusty winds hitting Ottawa. Plan for difficult travel and reduced visibility Saturday night.
Category : Search result: heavy oil market
U.S. seizes fifth oil tanker near Venezuela in Caribbean raid
U.S. Marines and Navy sailors seized the tanker Olina in a pre-dawn raid, part of a broader effort to control Venezuela's oil flow. The operation highlights escalating enforcement of sanctions.
Atmospheric River Hits Northern B.C. with High Winds, Heavy Rain
An intense atmospheric river is battering British Columbia's north coast, bringing damaging winds and significant rainfall. Residents are urged to prepare for hazardous conditions and potential disruptions.
$300K in stolen gear recovered by Alberta RCMP
Alberta RCMP have successfully recovered approximately $300,000 worth of stolen heavy equipment and vehicles in a northern Alberta investigation. Two individuals now face multiple charges.
Alberta demands pipeline approval by fall after Venezuela conflict
Premier Danielle Smith calls for urgent federal approval of a new heavy oil pipeline to B.C., citing U.S. action in Venezuela as a direct threat to Canada's energy market share.
Smith Urges Swift Pipeline Approval After Venezuela Conflict
Alberta Premier Danielle Smith calls for federal approval of a heavy oil pipeline to B.C. by fall, citing U.S. actions in Venezuela as a direct threat to Canada's energy market share. Read the urgent appeal.
Alberta Oil to Stay Competitive as Venezuela Re-enters Market
Energy expert Jack Mintz argues Canada's oil sector can withstand Venezuela's renewed U.S. exports, citing Alberta's efficiency and Venezuela's deep-seated challenges. Read the analysis.
Canadian Oil Stocks Plunge on Venezuela Oil News
Canadian oil producers saw billions wiped off their value after U.S. plans for Venezuelan oil sparked investor fears. Industry leaders call it an 'overreaction' as uncertainty looms.
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.
Trump Meets U.S. Oil Executives on Venezuela Revival
President Donald Trump convenes a who's who of American oil executives, including Harold Hamm, to discuss rebuilding Venezuela's energy sector. Key details on the high-stakes meeting.
Atmospheric river brings heavy rain, snow to B.C. coast
An atmospheric river is forecast to bring significant precipitation to British Columbia's north coast, with heavy rain and snow expected. Residents should prepare for potential impacts.
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.
Venezuela's Oil Potential Locked by Sanctions, Investment Gap
Venezuela holds the world's largest oil reserves but production is a fraction of its peak. Sanctions and crumbling infrastructure mean its impact on tight global crude markets remains minimal. Discover the barriers to unlocking its potential.
Trump to Meet Oil Bosses on Venezuela Output Revival
U.S. President Donald Trump plans to meet with Western energy executives to secure investment for rebuilding Venezuela's crumbling oil sector. Read the full story.
Venezuelan Oil to Impact U.S. Refiners and Canadian Producers
The potential return of Venezuelan oil to global markets could benefit U.S. Gulf Coast refiners while posing a competitive threat to Canadian heavy crude producers. Analysis of the shifting energy landscape.
Venezuela to Send Up to $2.8B in Oil to U.S., Trump Says
President Trump announces Venezuela will send up to 50 million barrels of oil to the U.S., a move reshaping global energy flows and challenging China's influence. Read the full analysis.
Slick roads, heavy fog hit Middlesex County
Middlesex County faces hazardous travel with slick roads and dense fog amid mixed precipitation. Stay updated on the forecast and road safety advisories.
Venezuela Oil to Replace Only 10% of Canada's Output: Analyst
A leading economist says Venezuelan crude can only fill a small fraction of Canadian oil exports in the near term, impacting global markets. Read the full analysis.
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.
Freezing Rain Warning in Toronto, School Buses Cancelled
A special weather statement is in effect for Toronto as freezing rain transitions to heavy snow, causing widespread disruptions including school bus cancellations. Get the latest details.
U.S. Venezuela Move: Impact on Canada's Oil Industry
Following the arrest of Venezuela's president, U.S. plans to revive its oil industry could challenge Canadian energy investments. Explore the global reserve shift and market implications.
U.S. Venezuela Oil Shift Poses Risk to Canada's Industry
Following the arrest of Venezuela's president, U.S. plans to revitalize its oil industry could sideline Canadian firms. Explore the implications for Canada's energy sector.
Venezuela Shift Fuels Push for Canadian West Coast Pipeline
U.S. actions in Venezuela strengthen the political argument for a new Canadian pipeline to the Pacific, aiming to diversify oil exports to Asian markets. Read the analysis.
Venezuela Shift Strengthens Case for Canadian Oil Pipeline
President Trump's push to unlock Venezuelan crude is strengthening the political argument for a new Canadian pipeline to diversify oil exports to Asia. Learn how this impacts Canada's energy strategy.
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.
Oil markets face biggest glut since COVID, prices to slide
Deloitte warns of a major oil oversupply in 2026, pressuring prices despite geopolitical risks. Canada's heavy crude and natural gas sectors face divergent paths.
Venezuela regime change may hurt Canada's oil sector
A political shift in Venezuela could flood markets with heavy crude, undercutting Canadian oil prices and investment. Explore the potential risks for Alberta's economy.
Alberta Premier pushes for pipeline expansion as Trump moves on Venezuela
Alberta Premier Danielle Smith calls for expedited pipeline development to diversify oil markets. Experts warn Venezuela's impact on global supply is years away.
Barrie digs out after major winter snowfall
Residents of Barrie, Ontario, continue shoveling out from significant snow piles following a major winter storm. Get the latest on local conditions and community response.
Venezuela Oil Shift Makes Canadian Pipelines a Necessity
U.S. President Donald Trump's takeover of Venezuela's oil sector underscores the critical need for Canada to build new pipelines to access global markets, boosting national revenues.
Page 1 of 4