Energy Top Stories

Global oil supply could face 4.5 million barrels shortfall — Wood Mackenzie

Current oil oversupply could reverse within 20 years as low oil prices have forced pricers to slash spending on exploration and production, a report by Wood Mackenzie shows.

Cecilia Jamasmie | April 27, 2016 | 7:55 am

Stanford University decision to keep fossil fuels holdings triggers uproar

The board of trustees said they didn't believe in divesting…

Cecilia Jamasmie | April 27, 2016 | 6:16 am

Adani’s $12bn Carmichael project hit with yet another lawsuit

A green group asked the Supreme Court in Queensland to…

Cecilia Jamasmie | April 27, 2016 | 3:43 am

Forget the Saudis, Texas will win the oil price war

Senate told price needed to start pumping from 6,500 drilled…

Frik Els | April 26, 2016 | 12:33 pm

Nova Scotia’s proposed overhaul of mining rules met with criticism, demands

While the province says the proposed ruling will cut red…

Cecilia Jamasmie | April 26, 2016 | 9:15 am

Mongolia kingmaker: ‘Fix’ Oyu Tolgoi ‘shadow masters’ and ‘scare to death’ Tavan Tolgoi oligarchs

The Facebook page of the junior partner in the likely ruling coalition post the Mongolian elections makes for scary reading.

Frik Els | July 12, 2012 | 12:08 am

Markets clip Goldcorp 9.74% after lowering guidance; markets and commodities mixed

Yesterday’s announcement that Goldcorp (NYSE:GG) will be producing 8% less gold this year hit the company’s stock, and shares fell 9.74% to […]

Michael Allan McCrae | July 11, 2012 | 11:09 pm

Madrid, Spain mining riots for coal subsidies

While the United States Congress debates HR4402, a bill which would make it easier and cheaper to mine in the United States, Spanish coal miners are protesting cuts by the Spanish government in subsidies to unprofitable coal mines.

Jack Caldwell | July 11, 2012 | 10:14 pm

More pain for SouthGobi shareholders

Embattled SouthGobi Resources (TSX:SGQ) shed over 4% on Wednesday bring its losses since April to 40%, after announcing its Mongolian subsidiary SGS has filed a notice of investment dispute with the government of the Asian country.

Frik Els | July 11, 2012 | 10:00 pm

Is gold stuck in Bizzaro Land?

In the Seinfeld episode “The Bizarro Jerry,” Elaine meets a group of people who are complete opposites of Jerry, George, Kramer. The show provides a rather striking similarity to today’s Bizarro financial market.

Eric McWhinnie - Wall Street Cheat Sheet | July 11, 2012 | 5:36 pm

Franco Nevada Corporation: a gold play for the long term

"This is a company with a business model that is extremely difficult to argue with. Franco Nevada has a diversified portfolio of high margin, cash flow producing assets principally in North America."

Bob Kirtley - Gold-Prices.biz | July 11, 2012 | 5:17 pm

Xstrata-Glencore merger to be decided Sep 7

Giant miner Xstrata has set Sep. 7 as the day for its shareholders to vote on the $26 billion takeover by Glencore, giving the commodities trader six weeks to reach an agreement on the conditions.

Cecilia Jamasmie | July 11, 2012 | 11:00 am