Oil

SEC tells Oxfam revision of Dodd-Frank rule on mining payments ‘not possible’ yet

Cecilia Jamasmie | March 31, 2015
SEC tells Oxfam revision of Dodd-Frank rule on mining payments ‘not possible’

The SEC said a rule requiring energy and mining companies to disclose payments to governments for the extraction of natural resources won't come until —at least— spring 2016.

Blood in the oil sands: Boom and bust in Alberta

Business in Vancouver | April 1, 2015
Blood in the oil sands: Boom and bust in Alberta

Two oil towns that have defined Alberta’s resource – and real estate – boom now show how fast the bloom can fade.

South Africa wants to settle mines’ black ownership in court

Cecilia Jamasmie | March 31, 2015
South Africa wants to settle mines’ black ownership in court

The main point of contention is the fact that mining companies believe that once they reached a 26% black ownership, they effectively complied, no matter where the percentage is at now.

Vale CEO Murilo Ferreira to lead Petrobras

Cecilia Jamasmie | March 27, 2015
Vale: Iron ore price to improve second half of the year

Vale's Murilo Ferreira has been nominated as Petrobras' next board chairman, while the company still scrambles to deal with the fallout from a vast corruption scandal.

Energy regulator staff probed over handling of TransCanada safety violations

Cecilia Jamasmie | March 25, 2015
Energy regulator staff probed over handling of TransCanada safety violations

The Association of Professional Engineers and Geoscientists of Alberta (APEGA) probe centres on the alleged mishandling of claims of natural gas pipeline violations at TransCanada by engineers working for the energy regulator (NEB).

No end in sight for mining sector gloomy state: report

Cecilia Jamasmie | March 18, 2015
No end in sight for mining sector gloomy state: report

The first two months of 2015 failed miserably to dispel gloomy market conditions affecting the global mining industry, according to a study published Wednesday.

Oilprice.com

Texas: From shale boom to water revolution

Oilprice.com | March 18, 2015

Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought problem and also makes it possible to pump more oil out of the ground.

Oilprice.com

Consumers winning with low oil prices, for now

Oilprice.com | March 12, 2015
happy, gas prices, gas pump, lady at pump 333

It is estimated that for every penny gas goes down, consumers collectively save $1 billion.

RBC predicts potash to offset oil losses in Saskatchewan

CBC Ottawa | March 12, 2015

RBC Economics is forecasting that the Saskatchewan economy will grow in 2015, even in the face of dropping oil prices.

Oilprice.com

Everyone is guessing when it comes to oil prices

Oilprice.com | March 11, 2015
Oil sands emissions might be higher than reported

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year.

When junior markets turn most negative in 35 years, guess where financier Carlo Civelli puts his money?

The Mining Report | March 10, 2015

In this interview with The Mining Report, he shares his secret for finding companies that can create value despite challenging market conditions, and he reveals where he is putting his money today.

Canamax Energy CEO Brad Gabel on what’s preventing M&A in the oilpatch

oilsands shutterstock

During the lunch session at the Subscriber Summit, we invited Mr. Gabel for an interview. Energy and Gold wanted to share some of Mr. Gabel’s oilpatch expertise and outlook with readers.

Contrarian Steve Palmer's balancing act stretches from Western Canada to the East China Sea

The Energy Report | March 6, 2015

Steve Palmer of AlphaNorth Asset Management has made a career of spotting companies loaded with value, and he tells The Energy Report not only what he looks for, but also where he has found it.

Enbridge to shed costs of oil sand pipelines by $320 million

Cecilia Jamasmie | March 6, 2015
Enbridge to shed costs of oil sand pipelines by $320 million

The planned optimization include the Athabasca Twin and the Wood Buffalo extension projects.

Canadian Natural Resources Ltd plans royalty business spinoff as profit almost triples

Financial Post | March 5, 2015

Canada’s largest heavy oil and natural gas producer, plans to either spin off or sell its royalty land business this year once energy prices have stabilized.

Oilprice.com

Here's what will send oil prices back up again

Oilprice.com | March 4, 2015
oil worker hiring hays feat

Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense.

Colombia to speed approval of permits, crack down on illegal miners

Cecilia Jamasmie | March 4, 2015
Colombia to speed approval of permits, vows ‘zero tolerance’ to illegal miners

The country wants investors back and has vowed to reduce the time it takes to process permits to less than two months.

Macquarie's Brian Bagnell: Forget peak oil; worry about peak demand

The Energy Report | February 26, 2015
Colleen - sea, oil, oilfield, fuel, petroleum, production, gas, steel, pipe 333

Brian Bagnell of Macquarie Capital Markets has two caveats for investors in junior oil and gas companies: Expect extreme volatility, and don't expect oil prices above $70/barrel anytime soon.

Oilprice.com

Is oil returning to $100 or dropping to $10?

Oilprice.com | February 25, 2015

If you have been following the price of oil over the last few months, the chances are you're a little confused. On the one hand you have the likes of A. Gary Shilling who, in this Bloomberg article, loudly trumpets …

Canada's oil sands cash flows set to drop by $21 billion

Cecilia Jamasmie | February 24, 2015
Canada's oil sands cash flows set to drop by $21 billion

Current operational costs for producers have reached $37 to $40 per barrel. Benchmark U.S. crude, meanwhile, is trading at around $50 a barrel.

Maine’s mining rules review may open door to Canadian gold, copper project

Cecilia Jamasmie | February 24, 2015
Maine’s review to mining rules may open door to Canadian gold, copper project

Canada's J.D. Irving Ltd. hopes to build a massive open-pit copper and gold mine at the state's Bald Mountain.

Oilprice.com

The easy oil is gone so where do we look now?

Oilprice.com | February 24, 2015

In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil demand would grow with it, outpacing supply, thus lifting the oil price from $147 to over $200 a barrel.

Modest tailwinds could blow life into mining equities in 2015: Shane Nagle

The Gold Report | February 23, 2015
Sandvik sees global mining equipment demand picking up

In this interview with The Gold Report, Nagle selects some promising precious metals stories, along with his two top picks in the base metals space.

First BC oil slump casualty: Ivanhoe Energy faces bankruptcy

Business in Vancouver | February 23, 2015
Bank sign above entrance

The company has filed for creditor protection and faces possible bankruptcy.

Cecilia Jamasmie

Canadian oil sands producers hike output despite dim crude price

Cecilia Jamasmie | February 20, 2015
canadian-oil-sands-producers-hike-output-despite-dim-crude-price - 333

Oil companies in Canada, the world’s fifth-largest crude producer, are not showing any signs of cutting down output, despite fuel prices more than halving in the past six months.

Oilprice.com

Why oil prices must go up

Oilprice.com | February 19, 2015
Oil rig in North Dakota

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil.

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