Energy Top Stories

Shell logs $7.4 billion loss as oil price slump and write-downs sink profits

The loss prompted the oil giant to shelve and write…

Future of BHP coal mines in Indonesia hinging on mining rules revision

The country's government is in the midst of reviewing its…

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What rhymes with Grand Canyon? Yes, uranium

The U.S. Nuclear Energy Institute and the National Mining Association (NMA) are demanding the Obama administration to revoke a ban on new uranium mining around the Grand Canyon in Arizona. And they are doing so by suing the U.S. Interior Department, as the organizations announced yesterday.

Oil sands glass is half full after Keystone XL southern stretch ok’d

In a move that should go a long away to relieve the oil glut in the US Midwest – the pricing point for US crude – TransCanada said on Monday it is going ahead with construction of the $2.3 billion southern leg of the Keystone XL oil pipeline from Cushing Oklahoma to the US Gulf Coast.

Soft coal market has Alpha Natural Resources focusing priorities

Alpha Natural Resources took a $.73 billion hit in the fourth-quarter, but the US coal producer, the third largest of coking coal in the world, said it has a strategy to counter weak US coal markets by cutting production and concentrating on met coal used in steelmaking.