While the miner produced a record amount of iron ore, turmoil in currency and commodity markets overshadowed any production gains.
Analysts say only a business-friendly appointment followed by credible action to strengthen the fiscal accounts and control inflation would reassure markets.
The National Energy Board said Kinder Morgan can conduct survey work at Burnaby Mountain, despite opposition from the city.
Slumping oil prices are putting pressure on U.S. drillers.
Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.
Western sanctions against Russia that stemmed from the events in Ukraine have not yet put a significant dent in the country’s economy or changed their plans abroad. However, over the last three months, the slumping price of crude oil may be the factor that finally makes Moscow blink.
The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
Ex-billionaire Eike Batista’s main mining unit became the third of his companies to file for bankruptcy protection in a year.
The EU new plan changes how refiners label the carbon intensity of their fuel.
Deutsche Bank warned Friday that gold producers are the most vulnerable to a further spread of the deadly disease.
Horizontal drilling and fracking have opened new opportunities for investing in domestic energy, whether for pure-play explorers in developing shales, producers in mature areas, or service companies opening up the monster wells.
Oilprice.com set out to discover which countries use the most energy and why.
Unsatisfied with the pace at which the federal government is acting to reduce greenhouse gas emissions, several U.S. states and a few Canadian provinces are forging ahead with their own initiatives.
Global research from Lloyd’s Register Energy confirms the priorities up to 2025
North American oil and gas companies experienced a severe correction this summer, following a run-up through the first half of the year.
The ruling, which affects 11 gold mining companies, is the first of its kind in the South American nation.
For thousands of years of development as a species, humans never really needed to understand the real meaning behind big, unreachable numbers such as billions or trillions.
Not even the specter of a spillover of Islamic extremism from Somalia can dampen the atmosphere in Kenya, where commercial oil production is expected to begin in 2016 and discovery after discovery has made this the hottest and fastest-paced hydrocarbon scene on the continent.
Miners are having a tough time getting funded, and although Canadian oil and gas has performed well over the last few quarters, some companies might be overvalued. No wonder investors are confused.
Producers’ limited export pipeline capacity coupled with the end of the U.S. summer driving season has tend to lead to oil surpluses, sending prices down. .. Not this year.
It always seems prices at the pumps rise much faster when oil prices increase, but they move much slower when oil prices decline. I guess that’s big oil for you.
Here is one interpretation of how much is left on Earth.
The court’s ruling could force President Obama’s hand in making a final decision whether to green light the stalled project.
Consolidation is coming to the oil and gas industry, says Brandon Dobell of William Blair & Co.
The firm no longer expects to complete its $7.3 billion (and climbing) project in four years.
Climate change continues to drive energy policy, despite the fact that there is no way to reconcile eradicating energy poverty in much of the world with reducing carbon dioxide emissions.
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