The potential return of Venezuelan oil to global markets could benefit U.S. Gulf Coast refiners while posing a competitive threat to Canadian heavy crude producers. Analysis of the shifting energy landscape.
President Trump announces Venezuela will send up to 50 million barrels of oil to the U.S., a move reshaping global energy flows and challenging China's influence. Read the full analysis.
Mergers and acquisitions in Canada's upstream oil and gas sector surged to an eight-year high in 2025, with over $30 billion in deals. Analysts predict a slowdown in 2026. Read the full analysis.
A fire at the Summerside Electric Power Plant on January 6, 2026, has been extinguished. Crews responded to the incident, which is now declared over. Read the latest details.
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Conservative Leader Pierre Poilievre calls on PM Carney to approve a new Pacific pipeline within 60 days, warning that renewed Venezuelan oil exports threaten Canadian energy markets. Read the urgent call to action.
A new analysis warns Alberta's 2050 net-zero emissions commitment could slash GDP by $559 billion and cut oilsands output in half. The author calls for more realistic targets.
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.
Nova Scotia Power proposes a residential rate hike, drawing sharp criticism from Premier Tim Houston who says the utility is 'out of touch' with residents' struggles. Details on the request and political fallout.
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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Former President Trump announces a major U.S. acquisition of Venezuelan oil, raising geopolitical tensions and concerns for Canada's energy sector. Get the full analysis.
As Donald Trump pledges to revive Venezuela's oil industry in 18 months, Canada's slow pipeline approval process under Mark Carney faces scrutiny. Experts warn of capital flight risks.
Alberta unveils a new webpage for its proposed bitumen pipeline to BC's coast, aiming for market diversification as global oil dynamics shift with Venezuela's developments. Explore the project's timeline and details.
The Alberta government has unveiled a new website to assess market interest in a potential new oil pipeline to the West Coast. This move follows a recent federal-provincial agreement.
Experts say concerns that Canadian oil exports will be displaced by Venezuelan crude are premature. Canada's deep integration with U.S. refineries and Venezuela's infrastructure challenges provide a buffer.
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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.
B.C. Premier David Eby calls for a strategic shift to domestic oil refining, citing global market instability. Explore the implications for Canada's energy future.
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.
PM Mark Carney says Canadian oil remains competitive despite Venezuela's political shift, while Conservative Leader Pierre Poilievre urges swift pipeline approval to secure new markets.
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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.
Prime Minister Mark Carney says Canada's energy sector is poised to benefit from U.S. action in Venezuela. Get the latest on Freeland's resignation and Poilievre's pipeline push.
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.
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Conservative Leader Pierre Poilievre urges Canada to fast-track pipeline projects following U.S. military involvement in Venezuela. Read his full statement and the political implications.
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.
Industry experts react to Trump's Venezuela coup, urging Canada to aggressively attract energy investment. Analysis of oil market impacts and Canada's strategic opportunity.
Industry experts react to Trump's Venezuela coup and oil talk, urging Canada to boost energy investment. Key analysis on market shifts and domestic implications.
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.
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Alberta Premier Danielle Smith calls for expedited pipeline development to diversify oil markets. Experts warn Venezuela's impact on global supply is years away.
