CALGARY - Canadian Oil Sands Limited, the biggest owner of the Syncrude oilsands project in northern Alberta, reports higher profits and a big jump in revenues for its latest quarter. The Calgary company reported
Dundee Precious Metals Inc. (TSX:DPM) said Thursday that stronger metal prices were not enough to offset higher expenses and a weaker U.S. dollar as its second-quarter profit narrowed considerably from last year.
President Obama was asked about oil sands at an energy town hall today in Pennsylvania.
He said it was a “good thing” to get oil from friendly and stable countries such as Canada, but said he would not pre-judge the State Department permit process for the proposed Keystone XL pipeline from Alberta to the Gulf Coast.
WELLINGTON, New Zealand - Financial pressures may have led a New Zealand coal mining operation to overextend itself before an explosion killed 29 workers last year, an energy executive testified Monday at an inquiry into the country's worst mine disaster