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Energy & Resources News

Canadian Natural's stance with NDP could backfire, analysts warn
Alberta energy executives are scurrying to make friends with provincial Premier Rachel Notley and her colleagues in the New Democratic Party. But CNRL rejected the gentle approach Wednesday when it cancelled its so-called investor day.
Posted on 5-29-2015 at 11:08 AM
OPEC supply, resurgent shale seen keeping oil prices weak
Reuters monthly survey of 28 analysts predicted the global oil benchmark North Sea Brent crude would average $61.60 US a barrel in 2015, close to current levels.
Posted on 5-29-2015 at 8:11 AM
Oil sands crude prices jump as wildfires curtail output
Western Canadian Select’s discount to U.S. benchmark West Texas Intermediate shrank 75 cents to $8 US a barrel, the narrowest in two weeks.
Posted on 5-29-2015 at 8:01 AM
Chevron's high-carbon projects, a "rigged" National Energy board, and the threat to bees
On Commodities we heard from activist investor Natasha Lamb of Arjuna Capital, who backed a shareholder vote at Chevron and a former intervenor at the National Energy Board hearing on the massive Trans Mountain pipeline expansion. Plus, a look at the pesticide threat to bees.
Posted on 5-28-2015 at 2:31 PM
Teck to idle Canadian coal operations as demand slumps
The temporary shutdowns will take place in the third quarter, according to the Vancouver-based company. The move will cut metallurgical coal production by about 1.5 million metric tons, or 22 percent, in the quarter.
Posted on 5-28-2015 at 9:05 AM
Vale may sell potash assets in Saskatchewan
In addition to potash mines in South America, the Brazilian mining company owns a big potash development project and slew of fertilizer concessions in Saskatchewan, the world’s biggest producer of potash – a crop nutrient.
Posted on 5-28-2015 at 7:26 AM
Oil bulls beware: Soaring tanker rates show supply glut persists
Four months into oil’s rebound from a six- year low, the tanker market is sending a clear signal that the rally is under threat.
Posted on 5-27-2015 at 10:47 PM
Goldman Sachs says iron-ore supply cuts won't boost prices
The world’s biggest iron ore miners are right to press on with expansions into an oversupplied market as reining in supply growth would hurt efficiency and be hard to coordinate, according to Goldman Sachs Group Inc.
Posted on 5-27-2015 at 10:47 PM

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