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.
American military forces have seized another oil tanker under international sanctions in the Caribbean Sea. The operation highlights ongoing maritime security efforts in the region.
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.
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.
Russia harshly condemns the U.S. seizure of an oil tanker, warning it could cause a significant spike in international tensions. Full details on the diplomatic fallout.
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.
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.
The U.S. has seized a sanctioned Venezuela-linked oil tanker in the Atlantic, with its energy secretary stating control over Venezuelan oil sales will continue 'indefinitely'. This move signals a significant escalation in geopolitical energy strategy.
The United States has seized two sanctioned oil tankers linked to Venezuela in a strategic move, while selectively easing sanctions to permit certain oil sales. Explore the implications for global energy markets.
In coordinated predawn raids, U.S. forces seized two sanctioned oil tankers with ties to Venezuela in international waters. Get the full details on the dramatic high-seas operations.
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.
The United States has seized two sanctioned oil tankers connected to Venezuela in the North Atlantic and Caribbean. Get the latest details on this significant maritime enforcement action.
The United States has captured a sanctioned, Russian-flagged oil tanker connected to Venezuela following a weeks-long chase in the Atlantic Ocean. Details on the seizure and its implications.
U.S. forces intercepted a sanctioned oil tanker linked to Venezuela in the North Atlantic on January 7, 2026. The action highlights ongoing maritime security and sanctions enforcement. Read the full details.
U.S. authorities have captured the Russian-flagged tanker Bella 1 following a weeks-long international chase. The seizure near Venezuela could impact global oil markets and U.S.-Canada energy dynamics. Read the full story.
The U.S. Coast Guard has seized the Russian-flagged oil tanker Bella 1 following a weeks-long international pursuit near Venezuela. Exclusive Reuters details reveal the operation's scope.
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.
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.
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.
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.
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.
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.
PM Mark Carney asserts Canada's energy sector will remain competitive following political changes in Venezuela. Analysis of oil price forecasts and market dynamics.
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.
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.
The Trump administration plans meetings with Exxon, Chevron, and ConocoPhillips to boost Venezuelan oil production after the military ouster of Nicolás Maduro. Details on the high-stakes talks.
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 Danielle Smith calls for expedited pipeline development to diversify oil markets. Experts warn Venezuela's impact on global supply is years away.
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.
Analysis shows Canada's oil industry faces a dual threat: losing market share to Venezuela and, more urgently, losing crucial investment capital to the South American nation. Experts warn of complacency.