Category : Search result: Canadian heavy oil


$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.

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.

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.

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.

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.

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