A Chinese coal miner is getting into solar production

The Lewis project would be located about 25 km northeast of Fort McMurray and could eventually produce up to 160,000 barrels a day.

Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet.

Market rumours point at South32 as the most likely buyer, since the miner decided last month to ditch its $200 million acquisition of Peabody Energy’s coal mine in New South Wales.

The tragic accident was the result of "incompetence, mismanagement, bureaucratic bungling, deceit, ruthlessness... and cynical indifference," an official report said.

Chinese steelmakers overestimated impact of Australian cyclone and the market is now awash in met coal.

The Kiggavik uranium project called for one underground and four open-pit mines just west of Baker Lake, and would have provided at least 400 jobs.

Governments, industry players, unions expected to sign federal mining agreement this week, which aims to double investment in the sector to $25bn in eight years.

So far in 2017 a number of global energy experts and commodities watchers have looked beyond the current reporting period and they see a growing long term demand for oil and gas.

And why the worst may be over already.