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Energy and Resources News

Canada's nuclear watchdog slams uranium report
Tempers in some quarters of Quebec are flaring after the head of Canada’s nuclear safety commission slammed a report by the province’s environmental regulation agency for allegedly “misleading Quebeckers and Canadians” on the safety of uranium mining.
Posted on 8-26-2015 at 8:40 PM
Copper price recovery expected to take a couple of years: Hudbay CEO
Copper prices should begin to tick up in a few years as supply from aging or higher cost mines dwindles, according Hudbay Minerals head David Garofalo.
Posted on 8-26-2015 at 1:45 PM
Schlumberger to buy Cameron International
Schlumberger Ltd, the world’s No.1 oil field services company, said it will acquire oil field equipment maker Cameron International Corp in a deal valued at $14.8-billion US.
Posted on 8-26-2015 at 9:00 AM
Transocean seeks to scrap dividend as cheap oil saps demand
Transocean Ltd., the world’s top offshore rig operator, plans to halt investor payouts and book 2 billion Swiss francs ($2.1 billion) in asset impairments as an oil price crash weakens demand for its drillships.
Posted on 8-26-2015 at 8:33 AM
Oil’s 'silly' situation – Markets treating oil companies like it's 1998
Crude oil is testing levels not seen since 2009, but the market is treating oil companies like it's 1998 – a time when oil was trading just above $10 a barrel, says Martin Roberge, Managing Director, North American Portfolio Strategy at Canaccord Genuity.
Posted on 8-25-2015 at 2:46 PM
Edgecrest Capital shuts down amid commodities slump
Edgecrest Capital is closing up shop after the prolonged downturn in the natural resource sector left the mining-focused investment bank unable to stay afloat.
Posted on 8-25-2015 at 12:32 PM
Encana to sell Louisiana natgas assets for $850M
Oil and gas producer Encana Corp said on Tuesday it will sell its Haynesville natural gas assets in northern Louisiana for $850 million US to GEP Haynesville LLC.
Posted on 8-25-2015 at 7:45 AM
$30 oil? ‘Forget it,’ says this money manager
Despite continued weakness in the global stock markets, energy prices are close to a bottom, says Peter Breiger, Chairman and Managing Director of Globe-Invest Capital Management.
Posted on 8-24-2015 at 4:22 PM

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