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Energy & Resources News

Oil bears miss out as record U.S. refinery demand drives rally
Oil speculators missed out as record demand from U.S. refineries helped trim supplies from their highest level in more than eight decades and drive prices higher.
Posted on 5-24-2015 at 10:08 PM
Energy Watch: Why the oil market isn't worried about world turmoil
While prices have rallied more than 10 percent this year, that’s mainly a result of robust demand, oil analysts say.
Posted on 5-23-2015 at 4:24 PM
Energy Watch: Rising price for oil sands crude as inventory plunges
“There is no incentive to store,” crude analyst says of Western Canadian Select. “The incentive is to ship to market.”
Posted on 5-22-2015 at 7:45 AM
Saudi oil supply outpaces rivals in bid to satisfy Chinese demand
The Middle East producer shipped more crude in March than in any month since November 2005 while pumping at a rate of 10.29 million barrels a day
Posted on 5-22-2015 at 6:53 AM
Final bidders emerge for Barrick's Australian gold mine
Barrick, the world’s biggest gold miner, said last month it has fielded interest for mines it’s seeking to divest in Australia, Papua New Guinea and Chile.
Posted on 5-22-2015 at 6:53 AM
Potash Corp. evaluating options for its stakes in other companies
Chief Executive Jochen Tilk said if Potash Corp could not build on its SQM and ICL minority stakes, it will consider whether it should keep them.
Posted on 5-21-2015 at 12:56 PM
First Quantum planning share offering
First Quantum Minerals Ltd. plans to raise up to $1.44-billion ($1.18-billion US) to expand its mining operations and pay down debt.
Posted on 5-21-2015 at 7:53 AM
Pacific Rubiales agrees to $2.1-billion takeover offer
Pacific Rubiales Energy Corp. agreed to a takeover offer by Alfa SAB and Harbour Energy Ltd. that values Latin America’s largest non-state oil producer at about $2.1 billion ($1.7 billion US).
Posted on 5-21-2015 at 7:39 AM

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