October 9, 2011 Sinopec agrees to buy Daylight Energy for $2.2B Last year, it paid US$4.65 billion to acquire U.S. oil giant ConocoPhillips' stake in the Syncrude oilsands project in northern Alberta. The deal for a nine per cent share of…
October 9, 2011 Keystone outrage now centred on Obama cronyism Ever since Friday's New York Times report saying the US State Department assigned an important environmental impact study of the Keystone XL pipeline to Cardno Entrix, a company with financial…
October 9, 2011 Institute identifies coal-fired powerplants likely to close – Ohio, West Virginia hardest hit The Institute for Energy Research issued a report on Friday listing the powerplants likely to be closed as a result of the U.S. Environmental Protection Agency’s regulations commonly known as…
October 9, 2011 Australia’s Atlas moves to monthly iron ore pricing Pilbara iron ore exporter Atlas Iron will switch to monthly pricing when several of its long-term supply contracts reach completion in the next nine months. Iron ore contracts have been…
October 9, 2011 More fuel on Australia’s carbon tax fire The Sydney Morning Herald reports Australia's Gillard government has opened the week of the crucial vote on carbon tax by revealing that big fuel users such as airlines want to…
October 9, 2011 Mongolia re-opens bidding for world’s biggest coking coal deposit The Wall Street Journal reports Mongolia is relaunching talks with international miners on developing the western block of Tavan Tolgoi in the South Gobi desert, the world’s largest deposit of…
October 9, 2011 Former Chinese coal boss gets life in jail for graft Reuters reports a former senior executive at China's No. 3 state-owned coal producer has been sentenced to life imprisonment for accepting bribes, state media Xinhua said on Sunday.
October 9, 2011 Saudi may set up commodities bourse sans crude Saudi Arabia could become the second Gulf country to have an official commodities bourse but oil will not be traded in the new market to avoid any speculation, a Saudi…
October 9, 2011 Gold has lost its safe haven status Does gold's precipitous $300 drop in September represent a fundamental market shift? It is hard to argue with this statement: "Global stock markets are volatile, central banks have not regained…
October 8, 2011 Rally in the Rim against Australia coal seam gas mining A businesswoman in Scenic Rim, a sparsely populated region that covers 4,250sq km located an hour inland from Australia's Gold Coast, has declared war on coal seam gas mining in…
Copper price heads toward $12,000 a ton as banks predict further gains With year-end approaching, copper on the London Metal Exchange is up nearly 40%, marking its biggest annual gain since 2009. December 22, 2025 | 07:00 am
