{"id":531832,"date":"2026-07-03T22:38:23","date_gmt":"2026-07-03T22:38:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/531832\/"},"modified":"2026-07-03T22:38:23","modified_gmt":"2026-07-03T22:38:23","slug":"canada-hopes-to-become-an-energy-superpower","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/531832\/","title":{"rendered":"Canada hopes to become an \u2018energy superpower\u2019"},"content":{"rendered":"<p>Canada announced plans to build a major oil pipeline to boost sales to Asia and massively increase oil and gas production, in an attempt to reduce reliance on the US and become an \u201cenergy superpower.\u201d <\/p>\n<p>The country sells nearly all its oil to the US, but the White House has threatened 100% tariffs on imports; Canadian <a href=\"https:\/\/www.ft.com\/content\/e5ffb51d-40ee-4274-b6f2-2eb6cd5c4f89?syn-25a6b1a6=1\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">Prime Minister Mark Carney has pledged to double non-US trade<\/a> to hedge against further disruption. <\/p>\n<p>Canada is not alone in trying to insulate itself from US unpredictability: The two major Asian trade blocs, CPTPP and RCEP, have seen several new applications, <a href=\"https:\/\/asia.nikkei.com\/spotlight\/policy-asia\/asia-s-big-trade-pacts-soften-damage-from-trump-tariffs\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">including from Middle Eastern and Latin American countries,<\/a> as they scramble to find more reliable markets with Washington causing chaos, Nikkei reported.<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/c109556b419522f9e630120d6a981d4c06560d7a-1066x528.jpg\"  alt=\"A chart showing Canada\u2019s oil exports by destination country. \" width=\"740\" height=\"366\" decoding=\"async\" loading=\"lazy\" fetchpriority=\"high\" class=\"_imageEmbed_glfao_40 _fullContentArea_glfao_44\" style=\"max-width:100%;color:transparent\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Canada announced plans to build a major oil pipeline to boost sales to Asia and massively increase oil&hellip;\n","protected":false},"author":2,"featured_media":531833,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[246,61,60,82],"class_list":["post-531832","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-environment","tag-ie","tag-ireland","tag-science"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/531832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=531832"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/531832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/531833"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=531832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=531832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=531832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}