The mining giant acknowledged it used a Singapore marketing hub to minimize its tax expenses, but added it is paying its fair share worldwide.
Argentina’s presidential election, the first to be decided in a second and final round since the constitution was changed in the 1990s, will be key for the country’s economy, particularly its mining sector.
On September 10th the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD.
Despite brash statements by U.S. producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies.
The alleged deals involve Glencore's Collahausi mine in Chile, as well as Antamina and Antapaccay copper mines in Peru.
More than a dozen energy companies have been pressing U.S. authorities to lift the nation's four-decade moratorium on oil exports.
The share sale is set to reduce the company’s net debt by a third to around $20 billion by the end of 2016.
With the markets in whiplash mode, Joe McAlinden, founder of McAlinden Research Partners and former chief global strategist with Morgan Stanley Investment Management, believes volatility is going to stick around for a while, and we might see a correction double of what we've had so far.
The agency believes U.S. tight oil supply will sink by nearly 400,000 barrels a day in 2016.
The remaining 55 pipelines affected by a suspension order must stay closed until the company can demonstrate they're safe.
Mounting pressure from investors has forced the firm to come up with a $10 billion package of debt-reduction measures.
The company, already the worst performer in the FTSE 100 index in 2015, has lost almost 60% of its value since the beginning of the year.
The decision could set a precedent for similar cases involving mining companies around the world.
The largest synthetic crude oil processing facility in Canada is slowly recovering from a fire that damaged equipment and communication lines over the weekend.
Keith Schaefer outlines the sectors that will profit first from a reversal in oil and gas prices, and what he is doing to position his readers for success.
The incident adds to the firm's mounting challenges, including swinging to a loss, growing debt, unplanned equipment outages and Moody’s Investors Service recent cut of the company's credit rating.
Authorities say the $2.5 billion illicit mining industry is creating a parallel economy that is deemed to damage the business of those who operate legally.
As prices for the company's four key "pillar" commodities —iron ore, metallurgical coal, copper and oil and gas — have all dropped to multi-year lows in the past 12 months.
OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil.
The US has suspended the futures market on the Nasdaq index, as panicking traders have driven it down 5% — the maximum allowed under Wall Street rules.
Report claims that noise from tanker traffic causes heightened levels of stress for the North Atlantic right whale, hindering the mammal’s ability to communicate.
The world's leading commodity trader stock slumped to a record low Wednesday after it revealed it swung to a steep first-half loss of $676 million.
The company had said in June it lacked the inside edge to make owning the precious metal worthwhile.
The company will review the conditions and submit comments to the National Energy Board next week.
Two huge explosions at the port of Tianjin, the world's 10th largest, have killed at least 50 people and devastated the area.
The company's action on spending follows sharp falls across commodity prices this year.
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