Oil

Alberta's new emissions levy costly — Canadian energy industry

Cecilia Jamasmie | June 26, 2015
Alberta's new emissions levy costly — Canada’s energy industry

By 2017, large emitters will have to reduce the intensity of greenhouse gases by 20%, while carbon levies will double from $15 a tonne to $30 a tonne.

Oilprice.com

U.S. oil glut an EIA invention?

Oilprice.com | June 29, 2015

In the latest weekly production data from the EIA, on the back of recent March revisions, the U.S. managed to post a 76,000 barrel per day increase in the lower 48.

Oilprice.com

Why Buffett bet a billion on solar

Oilprice.com | June 28, 2015

During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap.

Study finds elevated greenhouse gases from Canadian oil sands' crude

NASDAQ OMX | June 24, 2015

A new peer-reviewed study funded by the U.S. Department of Energy says oil extracted from Canada's oil sands produces greenhouse-gas emissions that are an average 20% higher than for conventional U.S. crude.

'Rent' the oil space to blunt the jagged downside of volatility: Paradigm's Ken Lin

The Energy Report | June 16, 2015

Worried about a volatile oil and gas market? Paradigm Capital's Ken Lin advises waiting for quality companies to take a hit before swooping in to stock up, and then taking profits on the way up to avoid being caught in future carnage.

Imperial Oil begins production at Kearl oil sands as expansion completed early

Cecilia Jamasmie | June 16, 2015
Imperial Oil begins production at Kearl oil sands as expansion completed early

Production is expected to reach 110,000 barrels per day, bringing total production to 220,000 barrels per day.

World Coal Association urges G7 leaders to invest more in cleaner technologies

MINING.com Editor | June 10, 2015
World Coal Association urges G7 leaders to invest more in cleaner technologies

The industry body said that instead of fighting fossil fuels, industrialized nations should try to make them cleaner.

Investment in Canada’s oil sands to fall more than 30% this year

Cecilia Jamasmie | June 9, 2015
Investment in Canada’s oil sands to fall more than 30% this year

Meanwhile, the country’s overall oil production is expected to reach 5.3 million barrels a day by 2030, which is 1.1 million barrels per day lower than last year's expectations.

Enbridge to pay $4 million over 2010 Kalamazoo oil spill in Michigan

Cecilia Jamasmie | June 8, 2015
Enbridge to pay $4 million over 2010 Kalamazoo oil spill in Michigan

The proposed sum is on top of the $75 million the firm agreed to pay to Michigan last month.

G7 agrees to phase out fossil fuels by end of the century

Cecilia Jamasmie | June 8, 2015
G7 agrees to phase out fossil fuels by end of the century

U.S., Canada, Germany, France, the UK, Japan, and Italy agreed to cut greenhouse gases by phasing out the use of fossil fuels by the end of the century.

Oilprice.com

The evolution of the oil weapon

Oilprice.com | June 4, 2015

In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare.

Chile may be China’s next competitor in the rare earths market

Cecilia Jamasmie | June 4, 2015
Chile may be China’s next competitor in the rare earths market

Chilean company Mineria Activa is stepping up efforts to grab some of that market in a much greener way than China,

Ivanhoe Energy is bankrupt

Business in Vancouver | June 3, 2015

The company, which entered into creditor protection in February, announced June 3 it has been unable to reach a restructuring and refinancing deal with creditors.

Total, Shell exit coal mining

Cecilia Jamasmie | June 2, 2015
Total, Shell exit coal mining

Some of the world's top oil producers have decided to abandon coal and focus instead on ramping up production and trading of liquified natural gas as a cleaner fossil fuel alternative.

An energy policy for a New Alberta

Mike Priaro | May 28, 2015

Objective analysis, and some not very difficult math, indicates there is no physical need, economic justification, environmental acceptability, or social licence for either the Keystone XL or Northern Gateway pipeline proposals.

Wildfire spreads closer to Canada’s oil sands: hundreds evacuated

Cecilia Jamasmie | May 28, 2015
Wildfire spreads closer to Canada’s oil sands: hundreds evacuated

As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control.

U.S. Global's Brian Hicks shares his summer plans for creating the ultimate resource fund

The Energy Report | May 26, 2015

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.

Canada’s Territories hold massive shale oil reserves similar to US Bakken field

Cecilia Jamasmie | May 25, 2015
Canada’s Territories hold massive shale oil reserves similar to US Bakken field

Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.

Cecilia Jamasmie

Struggling Argentina expects US$14 billion in mining exports

Cecilia Jamasmie | May 21, 2015
Struggling Argentina expects US$14 billion in mining exports

The return to higher exports would be driven in part by at least 16 major projects likely to go into production within five years.

This is what the CAT 336F L XE hybrid excavator looks like

MINING.com Editor | May 21, 2015
This is what the CAT 336F L XE hybrid excavator looks like

It has a “smart” pump, boom works faster, and burns less fuel.

Mitsui mulls expanding into food, drugs sectors to offset profit drop

Cecilia Jamasmie | May 20, 2015
Mitsui mulls expanding into food, drugs sector to offset profit drop

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.

Now is the time to own the Oil & Gas Leaders: Keith Schaefer

The Energy Report | May 19, 2015

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.

Canada to cut 30% of emissions by 2030, including oil sands

Cecilia Jamasmie | May 15, 2015
Canada to cut 30% of emissions by 2030, does not include oil sands

While the ambitious target doesn’t include specifics for the oil sands, they are included in the plan, says the government.

S. Africa chamber of mines refutes Govt. data, says members meet black ownership targets

Cecilia Jamasmie | May 15, 2015
S. Africa chamber of mines refutes Govt. data, says members meet black ownership targets

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.

Groups ask Gov’t to suspend TransCanada Corp’s Energy East pipeline application

Cecilia Jamasmie | May 14, 2015
Groups ask Gov’t to suspend TransCanada Corp’s Energy East pipeline application

More than 60 Canadian groups are urging the National Energy Board to suspend its review of TransCanada's application for its Energy East pipeline.

Major blow to illegal mining in Colombia’s Amazon: 59 arrested

Cecilia Jamasmie | May 12, 2015
Major blow to illegal mining in Colombia’s Amazon: 59 arrested

The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.

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