Fort McMurray wildfires eat into Imperial Oil earnings

TransCanada Corp. (TSX, NYSE:TRP) and Phoenix Energy Holdings Ltd. have entered into a 50-50 partnership to build a $3-billion pipeline in Northern Alberta, one of the centres of Canada’s oil sands industry.

Canadian authorities revealed Sunday plans for the final portion of tar ponds clean-up in the province of Nova Scotia, which will see $17 million spent on a park, sports field and an outdoor stage and amphitheatre, as part of a project to revitalize an area where a former steel mill left behind contaminated soil.

Bolivia has passed this month the world's first ruling that grants all nature equal rights to humans. The “Law of Mother Earth,” agreed by politicians and grassroots social groups, redefines the South American nation's mineral deposits as "blessings" and is supposed to lead to radical new conservation and social measures to reduce pollution and control industry.

A Chinese-joint venture in Australia has made a USD$73.4 million takeover bid for Queensland's Endocoal (ASX:EOC).

Matt Stroller at Naked Capitalist asks whether the United States is gradually transforming into a resource extraction economy with a more oligarchic […]

Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water.

Producing oil and gas without water is impossible

Just a one percentage point decline in oil production generates an immediate oil price spike of over 60 percent

Landfall expected Sunday night