Canada's crude exports to U.S. by pipelines down nearly 10 pct
OTTAWA, June 2 (Xinhua) -- Canada's exports of crude oil to the United States by pipelines were down 9.5 percent in March, Statistics Canada said on Monday.
According to the national statistical agency, exports of crude oil were down 1.1 percent year over year to 20.2 million cubic meters in March due to lower volumes shipped to the United States.
In contrast, exports to countries other than the United States rose sixfold to 1.9 million cubic meters, a new series high, said the agency, adding that the increase was driven by exports shipped through the Trans Mountain pipeline to the west coast and destined for the Asian market.
Offshore crude oil exports from Newfoundland and Labrador increased by 155.1 percent to 0.8 million cubic meters, also contributing to the overall year-over-year rise, said the agency.
Crude oil production reached 26.8 million cubic meters in March, up 5.1 percent from the same month one year earlier. This was the second-highest volume in the series, following record production in December 2024, said Statistics Canada.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
an hour ago
- The Sun
Billion-dollar battery plant pauses construction in US amid electric vehicle, tariff uncertainty
NEW YORK: A Japanese company has halted construction on a US$1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing 'policy and market uncertainty,' reported Xinhua quoting the Associated Press. 'While Automotive Energy Supply Corp. (AESC) didn't specify what those problems are, South Carolina's Republican governor said the company is dealing with the potential loss of federal tax breaks for electric vehicle buyers and incentives for EV businesses as well as tariff uncertainties from President Donald Trump's administration,' noted the report. 'What we're doing is urging caution -- let things play out because all of these changes are taking place,' Governor Henry McMaster said. AESC announced the suspension in construction of its plant in Florence on Thursday. 'Due to policy and market uncertainty, we are pausing construction at our South Carolina facility at this time,' the company's statement said. AESC promised to restart construction, although it didn't say when, and vowed to meet its commitment to hire 1,600 workers and invest US$1.6 billion. The company said it has already invested US$1 billion in the Florence plant. The battery maker based in Japan also has facilities in China, the United Kingdom, France, Spain and Germany. In the United States, AESC has a plant in Tennessee and is building one in Kentucky. The statement didn't mention any changes with other plants.
The Sun
an hour ago
- The Sun
Billion-dollar battery plant pauses construction in US
NEW YORK: A Japanese company has halted construction on a US$1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing 'policy and market uncertainty,' reported Xinhua quoting the Associated Press. 'While Automotive Energy Supply Corp. (AESC) didn't specify what those problems are, South Carolina's Republican governor said the company is dealing with the potential loss of federal tax breaks for electric vehicle buyers and incentives for EV businesses as well as tariff uncertainties from President Donald Trump's administration,' noted the report. 'What we're doing is urging caution -- let things play out because all of these changes are taking place,' Governor Henry McMaster said. AESC announced the suspension in construction of its plant in Florence on Thursday. 'Due to policy and market uncertainty, we are pausing construction at our South Carolina facility at this time,' the company's statement said. AESC promised to restart construction, although it didn't say when, and vowed to meet its commitment to hire 1,600 workers and invest US$1.6 billion. The company said it has already invested US$1 billion in the Florence plant. The battery maker based in Japan also has facilities in China, the United Kingdom, France, Spain and Germany. In the United States, AESC has a plant in Tennessee and is building one in Kentucky. The statement didn't mention any changes with other plants.
Malaysia Sun
4 hours ago
- Malaysia Sun
Brunei receives 678,037 tourist arrivals in 2024
Xinhua 06 Jun 2025, 21:47 GMT+10 BANDAR SERI BEGAWAN, June 6 (Xinhua) -- Brunei recorded 678,037 tourist arrivals in 2024, a local daily reported on Friday. According to Borneo Bulletin, Brunei's Tourism Development Department said out of the 678,037 people, 268,282 visitors arrived by air compared to 133,630 people in 2023. It opens up more opportunities for stakeholders in the tourism industry of the country, officials said.
