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Energy & Resources News

International drilling helps Halliburton beat estimates

International drilling helps Halliburton beat estimates

Halliburton Co, the world's No. 2 oilfield services company, reported better-than-expected quarterly results, helped by robust drilling activity in Russia, Saudi Arabia and Angola.

Posted on 4-21-2014 at 8:38 AM
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Barrick-Newmont said to be still open to merger

Talks to merge the world's largest gold mining companies, Barrick Gold Corp. and Newmont Mining Corp., broke down April 18 amid minor disagreements that leave open the possibility that a...

Posted on 4-21-2014 at 7:25 AM
U.S. once again delays decision on Keystone XL pipeline

U.S. once again delays decision on Keystone XL pipeline

The U.S. State Department is once again delaying a decision on the controversial Keystone XL pipeline, saying it needs more time to consider the impact of litigation in Nebraska that could...

Posted on 4-18-2014 at 5:19 PM
Encana said to seek at least $700M in royalty IPO

Encana said to seek at least $700M in royalty IPO

Encana Corp.’s sale of shares in a royalty unit as early as next month is poised to be the largest initial public offering in the Canadian oil and natural gas industry since 2010.

Posted on 4-17-2014 at 2:59 PM
Amid frigid winter, Goldman, Morgan Stanley see commodity gains

Amid frigid winter, Goldman, Morgan Stanley see commodity gains

Goldman Sachs and Morgan Stanley both cited stronger commodities trading as a bright spot in the first quarter, aided in part by extraordinary volatility caused by the coldest U.S. winter...

Posted on 4-17-2014 at 2:51 PM
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Terra Tech ready to plant marijuana at 48 hours' notice

Terra Tech runs greenhouses that produce leafy greens and herbs. But CEO Derek Peterson is waiting for the legal changes that will let him grow cannabis.

Posted on 4-17-2014 at 1:08 PM
Augusta CEO's golden parachute called ‘truly egregious’

Augusta CEO's golden parachute called ‘truly egregious’

A golden parachute at takeover target Augusta Resource Corp. that is four times the CEO’s base salary and bonus is “truly egregious,” says a prominent U.S. proxy advisory firm.

Posted on 4-17-2014 at 2:31 PM
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Osisko CEO touts white-knight deal with Yamana, Agnico Eagle

After its first attempt to block a hostile bid from Goldcorp was met by confusion from investors and analysts, Osisko Mining has struck a friendly deal with Yamana Gold and Agnico Eagle...

Posted on 4-16-2014 at 3:30 PM

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