Peter Kent, Canada's environment minister on Friday referred Teck Resources's newly acquired Frontier Oil Sands project in northern Alberta to an independent review panel because of the propose mine's "potential for significant adverse effects on the environment. "
A Canadian oilsands company, Sunshine Oilsands, is turning to the Hong Kong stock exhange in hopes of raising between $500 million and $700 million through an IPO.
Platts news service is reporting that Kinder Morgan, a pipeline company, and Ambre Energy will submit proposals to build coal export facilities at Port St. Helens, Oregon.
Caving to pressure from environmental groups, the Obama administration on Wednesday rejected the $7 billion-plus Keystone XL pipeline which would have carried 700,000 barrels of crude oil a day from the Alberta oil sands to refineries along the US Gulf coast. The lack of pipelines like Keystone has meant that Canadian crude sells for much cheaper than global oil – on Wednesday the discount widened to over $30.
The U.S. State Department is set to announce Wednesday whether it will approve TransCanada’s controversial Keystone XL pipeline extension, U.S. media are […]
The debate over the use of coal in Britain is heating up. Reuters reports a British company, Clean Coal UK, is planning to mine an estimated billion tonnes of coal off the Welsh coast using underground coal gasification.
In what is likely to be upbeat year for Australian mining M&A, some large Asian and U.S. companies are ready to bet on the country's coal, iron ore and uranium assets to meet booming demand for power.