President Mauricio Macri has revoked a 5% tax imposed by the previous administration on mining companies.
Oil Mining News
The net loss also included a number of other smaller items, partially offset by an increase in revenue to $2.85 billion from $2.62 billion.
The figure is the second largest year-over-year decline since the U.S. Bureau of Economic Analysis (BEA) began reporting the series in 1948.
Mining in the area of the Andes mountains right above the continuous tree line had been prohibited since 2011, but concessions granted before such ban had continued to date.
Canada is the world’s fifth largest oil and gas producer and its energy export revenues are a significant part of the economy.
Buyers are not biting in worst market in generation.
We decided to conduct an experiment at Home Depot to find out if that's true. Our landmark investigation left no stone unturned.
In today's tough price environment where most oil and gas juniors are losing money, a strong balance sheet is the key to survival, says Brian Bagnell.
According to Bloomberg, the Russian Energy Ministry issued a statement that "Energy Minister Alexander Novak and the heads of Russia's biggest oil companies discussed the possibility of working with OPEC."
Moscow's foreign minister says Russia is ready to talk as country's oil production reaches post-Cold War high.
The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.
Inventories will continue to rise, but the momentum is slowing.
In this interview with The Energy Report, Frank Holmes and Samuel Pelaez name their favorites and outline the fundamentals that will make 2016 look a lot different than the year that just ended.
Here are three compelling reasons why 2016 may be the perfect time to add gold to your portfolio.
Oilprice.com recently spoke with Carl Larry, Director of Oil and Gas at Frost & Sullivan, a consultancy that conducts research on oil and gas markets, to get his thoughts on the state of oil in 2016.
Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.
As the world prepares to house, feed and care for 9.7 billion people, Ahead of the Herd founder Rick Mills is looking for the companies that will profit from the silent tsunami of demand creeping up on resource and healthcare providers.
This year’s version has an interactive design that allows users to sort returns by various categories including returns, volatility, and other groupings.
Miners suffering fresh sell-off as oil price falls and the IMF lowers growth forecast for China, rattling investors.
The amount is available for six new projects aimed to enable the development and demonstration of integrated, scalable, and cost-effective solar technologies.
Every day, 93 million barrels of oil are consumed by the world economy.
The world’s largest miner announced Friday a roughly $7.2 billion pretax charge against its U.S. onshore energy assets
The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries.
Last week a major diplomatic crisis developed between Saudi Arabia and Iran over the Saudi execution of Nimr al Nimr, a charismatic Shiite cleric and anti-Sunni political activist.
Gold and oil benefited from the collapse, while base metals and most diversified miners suffered from it.