Energy Top Stories

The collapse of commodities in one simple chart

Year to date gold is one of the better performers,…

Cliffs to halt operations at Minnesota iron ore mine

The move will help the cash-strapped coal and iron ore…

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Cameco announces breakthrough of second shaft at Cigar Lake

Cameco (TSX:CCO) (NYSE:CCJ) announced today it has reached the main mine workings with the second shaft at the Cigar Lake uranium mining project in northern Saskatchewan. Miners removed the final section of rock connecting shaft 2 with the mine workings 480 metres below surface on January 3, 2012. The second shaft will provide for increased ventilation of the underground workings as well as additional means of entering and exiting the mine. SASKATOON, SASKATCHEWAN--(Marketwire - Jan. 3, 2012) -

PetroChina takes over Canadian oil sands project

Canadian oil producer Athabasca Oil Sands Corp. (TSX: ATH) has exercised its option to sell its remaining 40 per cent interest in the MacKay River oil sands project to Cretaceous, a unit of Chinese oil giant PetroChina for about C$680 million.

Coal or koalas? Australia’s new dilemma

When Singapore-based OGL Resources Limited (ASX:OGL) announced its plans to reopen the Ebenezer Coal Mine west of Brisbane next year, little did it know that koala lovers would take them to the Supreme Court.