Gold climbs the most in eight years, while copper and oil fall.
Oil Mining News
Just a few years ago, we would have scoffed at the idea that electric vehicles could be mainstream anytime soon, or that the global appetite for lithium-ion batteries and mass power storage would be so voracious, and so sudden.
The Catch 22 is if oil prices rise high enough to put drilling and service back to work then it won’t last long.
Technical analyst Jack Chan believes a correction in oil prices is underway, and advises investors to use caution in a vulnerable market.
Tesla Model 3 promises to move electric cars from niche to mainstream, spurring larger electric car adoption in transport, according to Wood Mackenzie’s latest research.
The East Energy pipeline is expected to generate $55 billion in economic benefit for Canada and create over 3,300 operational jobs across the country.
Wood Mackenzie expects to see further cuts throughout the year and investment levels continue to shrink as more projects are dropped and companies struggle to breakeven.
The country is said to be sitting on mineral deposits worth hundreds of billions of dollars which, once developed, could surpass oil as its main source of income.
The company aims to replant forests along old access roads and seismic lines in an area covering 3,900 square kilometres — more than 10 times what it accomplished through its early-stage work.
Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. said to be among potential bidders.
About 118 staff members have been moved to nearby Wabasca by bus and helicopter as a precaution.
The country lost at least $27.5 million in revenue from lapis lazuli between 2014 and 2015. In contrast, armed groups earned about $20 million just in 2014.
Hatch is further strengthening its services and capabilities in the oil and gas sector to pursue new opportunities for growth in the Australia–Asia region.
Total global oil production could decline for the next several years in a row as scarce new sources of supply come online.
The price of a barrel of oil has almost doubled from its low of $28 at the start of the year, prompting speculation that a recovery is underway.
There are other plays. Think electric vehicles and even driverless cars. Find what's undervalued now and get in on some of the games that will dictate glorious future wealth.
Given the abundant speculation about the Federal Reserve and interest rates, Marc Faber told CNBC last week he believes the Fed is closely watching the market reaction to its intimations it may raise rates in June.
Cooler weather is helping to control a blaze in Canada’s oil sands region and allowing Suncor Energy Inc. and Syncrude Canada Ltd. to start getting back to work.
The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran
Situation has forced some companies to abandon plans laid last week to restart production.
In this bulletin, Adrian Day reviews three companies with strong yields. All three are under some pressure, but equally all are solid companies with very attractive yields.
Forest fires in Northern Alberta have forced additional evacuations at several major operations.
Canada’s largest pipeline company's first-quarter profit rose as record volumes carried on its main pipeline system helped shield it from a sustained drop in oil prices.
Strategic shift comes as the world's biggest miner tries to regain investors' confidence.
Total debt of newly bankrupted energy companies is soaring each month