The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.
Oil Sands Mining News
Cash from the sale will be used to proceed with the takeover of Spectra Energy and fund other growth projects.
Cash optimization, capital access and productivity top EY’s 2016-17 business risks.
Brent crude was up $2.76, or 6%, at $48.73 a barrel.
The outcome of negotiations in Algeria this week may not do much to rescue oil prices.
Canada is sending a record amount of oil to the United States, filling pipelines to capacity and threatening to push more crude into rail cars.
One year ago the most popular post at MINING.com examined how much longer the bear market in mining would last – compare and contrast.
The late-2014, Saudi-initiated oil-price war may have taken the 'boom' out of the US shale industry as it seriously threatened OPEC market share, but Saudi victory has been elusive: US shale has proven amazingly resilient. The industry has adapted quickly to the new playing field, and the unsung hero of a new uptick in drilling and investment isn't just true grit—it's sand.
The charge is related to the first exploration well of its joint venture in the Shelburne basin, south of Nova Scotia.
Natural Resources Minister Jim Carr has until Thursday to make a decision.
Does the oil we use today originate from the remains of dead dinosaurs? No, but the actual answer is just as interesting.
Sunset start clause for the pipeline tied to Petronas LNG project extended from June 2016 to June 2017
The proposed operations, worth about $3 billion in potential investments, could add up to 95,000 barrels of oil per day to current output.
The energy company is making the move as an acquisition by Enbridge looms.
With supply gluts persisting from corn to oil, traders are already gearing up for declines.
Out of 75 documented threats against nine designated natural and cultural sites, 23 belong to the "physical resource extraction" category.
Prospect of another big oil sands mine in Alberta raises issues of growth and cap on emissions.
Alberta wildfires that swept through Fort McMurray in May have resulted in the loss of $1 billion in planned capital spending in the oilsands for 2016, according to Alberta's chief energy economist.
The 1,770 kilometre, $3.7-billion (U.S.) Dakota Access pipeline would carry oil from just north of the Standing Rock Sioux’s land in North Dakota to Illinois.
A recent report by Arkansas Online says the energy industry's support sector could feel the effects of low oil prices for up to two years after the current bear market recovers.
North America’s biggest energy infrastructure company.
Suncor Energy and Fort McKay First Nation announce agreement for equity partnership in East Tank Farm Developments
Under the terms of the agreement, Fort McKay First Nation will pay 34.3% of the actual capital cost of the East Tank Farm Development once the assets become operational, which is currently anticipated to be in the second quarter of 2017.
Maybe in better times, the staggering population of the millennial demographic would be a hurdle over which Big Oil could easily leap. But times are tough, and that isn’t our today.
The $2.6 billion project for a pipeline from North Dakota to Wisconsin will be on hold until market conditions improve.
There is speculation Prime Minister Justin Trudeau may announce relaxed terms for SOE investment during his state visit to China this week.