Trump budget proposes $150m for creation of uranium reserve

Two years after the collapse in oil prices forced the oil and gas industry to scale back drilling, the Canadian Association of Oilwell Drilling Contractors (CAODC) is forecasting a year-over-year increase in the number of wells drilled in Canada.

Slowing power demand growth and low carbon capacity targets in China's latest five-year plan are found to be squeezing coal generation out of the power mix.

Payments will be done over the next 14 years to compensate the firm for shutting down their plants earlier than originally planned.

The company, however, has decided to stay away from thermal coal assets due mainly to uncertainties over demand linked to climate concerns.

Trump’s investments could affect any decision he makes on the US$3.8 billion project as president.

Coal use has been steadily falling in the European nation since 2011 and it currently generates barely 8% of its power needs.

The new new agreement on the Coastal GasLink natural gas pipeline project will help ensure that the Saulteau community can participate in and benefit from B.C.'s LNG opportunity.

With this deal, Rio has now agreed to more than $1.3bn in divestments this year.

Trump plans on investing several-hundred billions of dollars into rebuilding and repairing infrastructure across the US.