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Energy & Resources News

Why the drop in oil is a 'black swan' event: Rosenberg
As oil hits fresh five and a half year lows, one economist tells BNN why he sees the ongoing plunge in prices as a 'black swan' event.
Posted on 1-05-2015 at 6:54 AM
Cliffs stops iron ore production at Quebec mine
“We have brought to an end the flawed expansion that has cost Cliffs and its shareholders billions of dollars,” the company said in the statement.
Posted on 1-02-2015 at 10:44 AM
Petronas to set pace for B.C.'s make-or-break LNG year
Petronas will set the tone in 2015 for British Columbia’s fledgling liquefied natural gas industry in what is shaping up to be a make-or-break year for the Pacific NorthWest LNG joint venture.
Posted on 1-02-2015 at 7:04 AM
Natural gas has first annual drop since 2011 on mild weather
Prices have dropped to two-year lows below $3 per million British thermal units, less than half of the 2014 peak, as record output from shale deposits exceeded demand from power plants during the coolest summer since 2009.
Posted on 12-31-2014 at 4:24 PM
Hedge funds pull back from bullish crude oil bets
Hedge funds finally pulled back from bets on higher oil prices as the market faced its worst year since 2008.
Posted on 12-31-2014 at 4:12 PM
2014 in review: Decline and fall in the mining industry
Companies’ stocks sank to decade lows, and cost cutting became the critical part of every miner’s strategy.
Posted on 12-31-2014 at 4:05 PM
First Quantum starts up copper mine in Zambia amid tax row
First Quantum Minerals is starting up a Zambian copper mine to feed an $850-million smelter the Canadian producer began operating last weekend amid friction between the mining industry and government over tax changes.
Posted on 12-31-2014 at 7:00 AM
Oilfield 'man camp' operator Civeo suspends dividend, cuts jobs
Civeo, which provides temporary housing for oilfield workers, slashed its work force and said revenue could fall by a third as slumping crude prices force producers to cut costs.
Posted on 12-30-2014 at 9:06 AM

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