Category : Search result: oil revenue diversification


Pimco Diversifies from U.S. Amid Trump Policy Fears

Bond giant Pimco is shifting away from U.S. assets due to Donald Trump's unpredictable policies and attacks on Federal Reserve independence, fueling Wall Street concerns. Read the full analysis.

Alberta Oilpatch Sheds 10,000 Jobs as Output Soars

Alberta's oil and gas industry eliminated 10,000 positions last year, yet achieved near-record production levels. Economists analyze the paradox of doing more with less in Canada's energy heartland.

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.

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.

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