B.C. Premier David Eby wants Canada to prioritize building refineries, arguing it would keep more value at home, reduce ...

A regime change in Venezuela could both help that country regain its former prominence as an oil producer and pose a threat ...

Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer. (Credit: THE CANADIAN ...

Canada and Venezuela compete in the same heavy-oil regional and global markets, so shifts in supply from Canada to Venezuela ...

Canadian heavy oil prices are plunging this week following the upheaval in Venezuela over the weekend and the prospect of ...

The shocking capture of Venezuelan President Nicolas Maduro over the weekend by US forces is already reverberating across the oil market in the Americas, particularly Canada.

A lifting of U.S. sanctions on Venezuelan crude and a ramp up of production could pose a competitive threat to Canadian ...

Randy Ollenberger, an analyst at Bank of Montreal Capital Markets, said the implications of a revitalized Venezuelan energy industry is negative longer-term for both oil prices and the price for ...

Shares in Canada’s biggest oilsands producers came under pressure Monday after the U.S. military captured the Venezuelan ...

CIO unpacks the immediate reactions to the removal of Maduro while highlighting more structural issues around weaker global ...

The two countries both produce heavy oil, which is difficult to refine, and have relied historically on American refineries ...