Energy Top Stories

Vale reopens iron port for at least 60 days

The company has now at least 60 days to come…

Iran goes beyond oil — to sign $5.4bn in mining deals with Italy, France

Iran is opening $29 billion of projects to foreign investors…

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Long-rumoured takeover target Harmony Gold cheapest in a year

Harmony Gold briefly dropped to a year low of $9.68 on Friday after the company announced a steep fall-off in output for the first quarter. Now worth $4.4 billion the counter is down a third in a year, but its Papua New Guinea project may be worth that by itself.

Canadian crude jumps 7% to 3-month high

The price oil sands producers receive improved to $34.50 a barrel below the international benchmark on Thursday after a 7.4% overnight spike, close to its best level for the year and a 50% improvement from the multi-year lows struck at the beginning of March.