Inga hydropower could be key to the green electrification of Africa — report

The miner and commodities trader is embroiled in a legal tangle over its copper and cobalt operations in Democratic Republic of Congo, where conflict and changes to regulations have deterred many mining firms.

Anglo American Plc, Glencore Plc and BHP Billiton Ltd. are generating the highest profits in years from their coal mines.

Driverless trucks at the same iron ore operations already haul over a quarter of both ore and waste material.

Most miners producing coal for electricity are getting battered by cheap natural gas and increasingly stringent pollution controls.

The global miner has denied any wrongdoing in a similar case brought by the U.S. Securities and Exchange Commission.

The most recent data available from the Alberta Energy Regulator — for December 2017 — shows Fort Hills at 11,525 bbls/d.

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.

The deal comes as investors look for consolidation in an industry that is recovering from a deep downturn in 2015 and 2016.

Poland has about $30 billion of planned wind projects 30 kilometers (19 miles) out in the Baltic.