Category : Search result: heavy crude oil


Trump's Venezuela Oil Plan Faces Major Hurdles

Former President Trump's proposal to seize and revitalize Venezuela's oil industry confronts significant legal and geopolitical challenges. Analysis details the complex hurdles ahead.

Venezuela Oil Revival Needs Years, Major Investment

Trump's plan for US firms to revitalize Venezuela's oil post-Maduro capture won't impact prices soon. Analysts say rebuilding decayed infrastructure requires a decade and $100B. Explore the global energy implications.

Winter Storm Warnings Across Canada, Up to 70 cm Snow

A major multi-day winter storm hits Canada, with warnings for up to 70 cm of snow and extreme cold. Environment Canada issues alerts for 12 provinces and territories. Stay informed on closures and safety.

Oil steadies as risks counter glut outlook

Crude oil finds balance as Venezuela, Russia tensions offset fears of a global surplus. WTI holds near $58, but heads for steep annual decline on OPEC+ output.

Heavy rainfall warning for B.C.'s north coast

Environment Canada issues a heavy rainfall warning for B.C.'s north coast, with up to 200 mm expected. Residents urged to prepare for potential flooding and hazardous conditions.

Venezuela Seeks to Criminalize Oil Tanker Seizures

Venezuela's government is pushing to criminalize the seizure of its oil tankers as former U.S. President Donald Trump increases pressure on Nicolás Maduro's regime. This geopolitical tension could impact global oil markets.

U.S. Seizes Second Tanker in Venezuelan Waters

U.S. forces intercept another sanctioned oil tanker off Venezuela, escalating Trump's blockade. The move disrupts global crude flows and risks pushing oil prices higher. Get the latest details.

Emergency Officials Prepare for Atlantic Storm Friday

Emergency management teams across the Maritimes are preparing for a significant weather event bringing high winds and heavy rain this Friday. Residents urged to secure property and monitor forecasts.

Powerful Winter Storm to Blast Prairie Provinces

A significant winter storm is set to hit the Prairie provinces, bringing heavy snowfall and strong winds. Residents are urged to prepare for hazardous travel and potential disruptions.

Edmonton parking ban activated for major snowstorm

The City of Edmonton has declared a parking ban as crews prepare for significant snowfall. Residents must move vehicles to facilitate clearing. Stay updated on the latest winter weather response.

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