Category : Search result: oil export diversification


B.C. Ghost Town Owner's 13-Year Fight for Energy Hub

Krishnan Suthanthiran bought Kitsault, B.C., for $7M in 2005. He's spent 13 years pitching it as an energy export hub to India, now seeking government support for oil and gas pipelines. Read his ambitious plan.

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.

Canada scraps plastic export ban, citing economic pressure

The federal government has quietly reversed its ban on exporting single-use plastics just before Christmas 2025. The move, citing tariffs and supply chain issues, signals a shift in environmental policy. Read the full analysis.

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.

Venezuela Oil Coup: A Warning for Canada

The U.S.-backed change in Venezuela puts Canada's oil exports at risk, highlighting an urgent need for trade diversification and infrastructure investment. Read the 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.

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.

Record $9.6M fine for Gulf of Mexico oil spill

U.S. authorities levy a historic $9.6 million penalty against Third Coast following a substantial oil spill in the Gulf of Mexico, highlighting ongoing environmental risks.

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