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Energy & Resources News

Teck profit falls on lower coal prices, drop in copper output

Canadian miner Teck Resources Ltd reported a 68.5 percent drop in quarterly earnings on Wednesday, hurt by lower prices for steelmaking coal and a fall in copper production.

Posted on 10-29-2014 at 6:54 AM

Crisp and delicious: Oil stocks offers cheques in the mail

Despite the recent weakness in crude oil prices, the majority of balance sheets remain healthy says Jeremy Kaliel at CIBC World Markets.

Posted on 10-28-2014 at 1:24 PM

BP posts slump in Russian income but raises dividend

BP's third-quarter results took a hit from declining oil prices and a sharp drop in income from Russia as Western sanctions on Moscow led to a slump in earnings from the oil major's local...

Posted on 10-28-2014 at 10:04 AM

Oil steadies as Barclays joins Goldman in cutting price forecast

Brent crude oil steadied below $86 a barrel on Tuesday, after dipping close to $85 earlier in the day, as a falling U.S. dollar provided support against weak demand and abundant supply.

Posted on 10-28-2014 at 7:50 AM

Earnings preview: What to expect from Canada's gold sector

Small is the new big for Canadian oil.

Posted on 10-27-2014 at 1:50 PM

Crude tumbles to two-year low as Goldman slashes oil forecast

Goldman Sachs Group Inc. cut its forecasts for Brent and WTI crude prices next year on rising global supplies, predicting OPEC will lose influence over the oil market amid theU.S. shale...

Posted on 10-27-2014 at 10:34 AM

Precision Drilling hikes dividend as profit jumps 79%

Precision Drilling Corp., Canada's largest oil and natural gas drilling contractor, reported a 79 percent jump in third-quarter profit, helped by higher pricing and drilling activity.

Posted on 10-27-2014 at 11:02 AM

Falling crude prices are pinching the oil sands, giving hope to Keystone opponents

Falling oil prices have energized opponents of the proposed Keystone XL pipeline.

Posted on 10-27-2014 at 8:00 AM

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