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Energy & Resources News

Rio Tinto approves Arctic diamond mine expansion
Expanded production from the Diavik mine is expected to start from late 2018 and will ensure output continues at existing levels.
Posted on 11-27-2014 at 8:02 AM
Oil tumbles below $70 as OPEC holds fire despite price collapse
The benchmark North American crude, West Texas Intermediate, fell below the $70 a barrel mark. Canadian dollar slipped below 90 cents US. TSX energy group tumbled led by a steep selloff of major oil sands producers.
Posted on 11-27-2014 at 7:25 AM
Saudis signal no push for oil cut as market to 'stabilize itself'
Saudi Arabia signalled on Wednesday it was unlikely to push for a major change in oil output at the OPEC meeting this week, a day after Russia refused to cooperate in any production cut.
Posted on 11-26-2014 at 6:59 AM
As crude tumbles, lower oil prices here to stay: Jim Doak
“This is a different world now in energy.” Doak tells BNN, noting the crude futures market is pricing in minimal growth for the next five years.
Posted on 11-26-2014 at 6:08 PM
Oil boom triggering cowboy shortage across Canada, driving up price of your burger
Canada’s oil boom may have helped in making gasoline cheaper, but what many people may not realize is that the boom is also driving up the prices they pay for burgers and steaks.
Posted on 11-25-2014 at 7:49 AM
‘Buy America’ shuts out Canadian iron and steel from B.C. ferry terminal overhaul
The long arm of the protectionist Buy America Act is reaching deep into Canada – to remote B.C.
Posted on 11-25-2014 at 6:20 PM
WTI crude oil drops to 4-year low ahead of OPEC meeting
West Texas Intermediate crude fell to the lowest level in more than four years after nations supplying a third of the world’s oil failed to pledge output cuts before this week’s OPEC meeting.
Posted on 11-25-2014 at 2:21 PM
Leveraged gold and silver producers rebound off their lows
The outlook for gold and base metals remains uncertain, but low-cost gold producers have been performing well amid the market decline.
Posted on 11-25-2014 at 1:18 PM

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