Fort Hills oilsands ramp up surges over 100,000 bbls/d
The most recent data available from the Alberta Energy Regulator — for December 2017 — shows Fort Hills at 11,525 bbls/d.
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Glencore wins temporary injunction against billionaire Dan Gertler -FT
Gertler, who is the subject of U.S. sanctions, is owed some royalties by Glencore, but the London-listed company disputes the amounts claimed.
Oil hedge fund manager Andurand says $300 ‘not impossible’
Pierre Andurand said the current reluctance of energy companies to invest in new production meant $300 a barrel was "not impossible" within a few years.
Chaarat Gold offer to Centerra values Kumtor mine at $800 million
The proposed acquisition means Chaarat would own Kumtor and will have control over management and operations of the mine.
After Tesla debacle, Denmark reconsiders electric car subsidies
Prime Minister Lars Lokke Rasmussen said the goal is to make the economy greener and less vulnerable to swings in commodities markets.
This billionaire says he’s put half his net worth into gold
Egyptian billionaire Naguib Sawiris believes gold prices will rally further, while “overvalued” stock markets crash.
Australia’s Mineral Resources says to sell minority stake in lithium project
Mining services provider Mineral Resources Ltd on Tuesday said it was looking to sell a minority stake in its Wodgina Lithium mine in the west of Australia.
Battery metals supply crunch to slow near-term EVs growth — Moody’s
Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.
Botswana Diamonds, Vast Resources team up to explore in Zimbabwe
The two companies will exchange past exploration information on areas prospective for diamonds in Zimbabwe and form a jointly-owned special purpose vehicle to develop and exploit diamond resources.
