As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control.
Plus, he reveals the dramatic shift he made in the fund this year that allows him to get paid to wait for the market to catch fire.
Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.
The return to higher exports would be driven in part by at least 16 major projects likely to go into production within five years.
It has a “smart” pump, boom works faster, and burns less fuel.
The firm created a new division in April to evaluate deals in those areas, and in the past six months has made mining infrastructure-related investments in the U.S. and Africa.
U.S. shale oil producers have responded to the oil price collapse so quickly, and with such discipline, that they've shown they are able to turn production on and off as if with a light switch.
While the ambitious target doesn’t include specifics for the oil sands, they are included in the plan, says the government.
Saying that just over 20% of miners had met the black economic empowerment criteria is to tun a blind eye to the progress members have made so far, claims the ming group.
More than 60 Canadian groups are urging the National Energy Board to suspend its review of TransCanada's application for its Energy East pipeline.
The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.
The mines ministry has missed an April deadline to ask courts solve the issue of whether companies may claim they meet black-ownership quotas if shareholders have sold their stakes.
Uranium has been on a tear recently. Stocks are going up fast in the sector. Even large companies like uranium miner Cameco have seen a double-digit move up in a month.
The nation signed a complex deal with Citibank to swap $1 billion in cash for about 1.4 million ounces of its gold reserves.
There is little doubt that as oil prices fall, some people working in that sector will lose their jobs. What is less clear is the impact those job losses will have on other sectors of the economy.
Western Canadian Select crude, North America’s best-performing grade in the past month, may strengthen further as reduced drilling frees up pipeline room.
When oil prices recover-and plenty of analysts think the climb back up will start soon-Canada's western frontier of Saskatchewan and neighboring Alberta will 'still have the edge', according to a report from TD Economics.
The price of oil has historically had a huge affect on the global economy but how does it impact on our lives in general?
Cuba, the world’s sixth largest nickel producer and one of the top 10 nickel mining countries, also holds significant deposits of other minerals and oil, new U.S. Geological Survey report shows.
In under a generation, social licence commitments have moved from a nice-to-have community relations extra to a regulatory necessity.
Kal Kotecha, founder and editor of Junior Gold Report, says now is the time to be buying resource stocks, especially gold equities.
Rick took at a stance in January that went against many investors’ contrarian instincts. He said to stay away from oil and gas for the time being.
Study shows the bank offered $3.4bn in loans, grants, guarantees, risk management and equity for fossil fuel-related projects for the 2013-14 financial year.
In this interview with The Gold Report, Macpherson says companies that can change their narrative on the fly—and deliver—will inevitably perform. Macpherson covers some performers and others that he expects will perform in H2/15 and beyond.
Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering.
OPEC has been the most talked about international organization among investors, analysts and international political lobbies in the last few months.
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