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Energy & Resources News

Valuation Situation: Is a reality check ahead for Canadian oil stocks?
Canadian energy companies are trading at record valuations, signalling their shares haven’t caught up to the reality of crude oil’s continued decline.
Posted on 3-24-2015 at 8:13 AM
Oil ETF investors, not just OPEC, hold sway over crude market
Holdings in exchange traded financial products have soared since the beginning of the year, especially highly-leveraged ones.
Posted on 3-24-2015 at 8:00 AM
China’s CNOOC shutting Nexen’s Calgary-based oil-trading operation
China’s CNOOC Ltd. is shutting down Nexen Energy ULC’s Calgary-based oil-trading operation in a move that is expected to mean about 100 job cuts along with the end of a lucrative Alberta government contract, according to sources familiar with the situation.
Posted on 3-24-2015 at 7:54 AM
Volatile gas prices are good for consumers, plus two other things Canadians don't get about fuel
It’s time we cleared a few things up.
Posted on 3-24-2015 at 7:00 PM
Cliffs to exit Ontario’s Ring of Fire with sale of chromite assets
U.S. mining giant Cliffs Natural Resources Inc. is leaving Ontario’s Ring of Fire after it found a buyer for its chromite assets in the area.
Posted on 3-23-2015 at 8:34 AM
Oil sands tested as rout hammers home harsh reality
The collapse in the market for Canada’s heavy crude below $30 a barrel last week is hammering home a harsh reality for the nation’s oil-sands producers: There’s no one to save them this time.
Posted on 3-23-2015 at 7:39 AM
Copper prices climb despite Grasberg mine shutdown
Copper production may have grinded to a halt in Grasberg, but Eric Zuccarelli remains bullish on the price of copper going forward.
Posted on 3-22-2015 at 2:34 PM
Oil drillers look to investors for cash lifeline as crude keeps sinking
Tapping equity markets has become the best option for energy companies to reduce debt.
Posted on 3-20-2015 at 11:37 AM

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