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Energy & Resources News

 Zachary Curry, COO & Portfolio Manager, Davis Reaplay

Kinross halts Ecuador project due to tax dispute

Kinross Gold Corp. said on Monday it is halting development at its Fruta del Norte gold project in Ecuador after failing to reach an agreement with the government over a windfall tax on...

Posted on 6-10-2013 at 5:31 PM
Pierre Lassonde, Chairman, Franco-Nevada Corporationplay

Gold miners blinded by lust for growth: Lassonde

Pierre Lassonde, chairman and co-founder of Franco-Nevada, says a surging gold price allowed the industry to look for growth at any cost.

Posted on 6-07-2013 at 1:59 PM
UK shale shows promise but big guns watch and wait

UK shale shows promise but big guns watch and wait

A significant new investor in Britain's shale industry suggests there are prizes to be had, but big oil companies are unlikely to cough up serious funding until they have more reassurance...

Posted on 6-07-2013 at 10:48 AM
Pierre-Ives Guay, Acting Assistant Deputy Commissioner, Competition Bureauplay

Chocolate bar executives accused of price fixing

The former head of Nestlé Canada Inc., along with two other executives and three companies, are facing criminal charges for allegedly conspiring to fix chocolate prices in Canada,...

Posted on 6-06-2013 at 1:04 PM
Thomas Vitiello, Partner, Aurun Options Strategiesplay

Gold near $1,400 after ECB meeting, eyes U.S. jobs

Gold steadied around $1,400 US an ounce on Thursday, after data showed the U.S. labour market is gradually improving, while the European Central Bank left interest rates unchanged, as...

Posted on 6-06-2013 at 12:32 PM
Canadian oil output to more than double by 2030: study

Canadian oil output to more than double by 2030: study

An influential oil lobby boosted its long-term forecast for the Canada's oil production as it expects higher output from the oil sands and a resurgence in conventional oil drilling despite...

Posted on 6-05-2013 at 12:54 PM
Dirk Lever, Managing Director, Equity Research, Alta Corp.play

Penn West revamps in bid to kick-start operations

Struggling Penn West Petroleum Ltd. is bringing in a new chief executive officer, slashing costs and contemplating asset sales in a bid to turn its operations around.

Posted on 6-05-2013 at 7:13 AM
Clouds gather over Mexico's proclamation of new oil dawn

Clouds gather over Mexico's proclamation of new oil dawn

The vast Ku Maloob Zaap oil field is the jewel in the crown of Mexico's oil industry, pumping one in every three barrels of crude the country produces, at some of the lowest costs in the...

Posted on 6-05-2013 at 1:48 PM

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