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Energy & Resources News

Hedge funds betting on more losses for crops as supplies swell
Bountiful harvests mean that investors are staying away, with money managers holding a net-short position in the three crops for eight straight weeks, according to Commodity Futures Trading Commission data.
Posted on 4-26-2015 at 8:16 PM
Oil prices rally but rebound’s stamina uncertain
The industry faces the risk of a double-dip in oil prices later this year when hard-pressed producers look to take advantage of the upswing and bring more crude onto the market.
Posted on 4-26-2015 at 8:10 PM
An untimely death in Mongolia as miner seeks to recoup funds
Jim Doak was braced to play hardball when he flew to Mongolia last weekend to nail down a multimillion payment from the government.
Posted on 4-26-2015 at 8:01 PM
Energy sector braces for more cuts as companies poised to roll out results
Canada’s energy industry is bracing for more budget cuts and possibly another wave of layoffs even as crude prices edge up from multiyear lows.
Posted on 4-26-2015 at 7:48 PM
Cenovus looks to monetize royalty lands through sale of IPO
Cenovus Energy Inc. has hired bankers to explore the possible sale or initial public offering of its royalty lands in Western Canada.
Posted on 4-23-2015 at 3:16 PM
Analyst has doubts about Sprott bid for metals trusts
CMP Group managing director Jeffrey Christian believes Sprott’s move to buy Central Gold Trust and Silver Bullion Trust is about making up for poor performance from Sprott’s gold and silver ETFs.
Posted on 4-23-2015 at 2:41 PM
Gran Tierra defends board as activist launches proxy battle
Gran Tierra, which has been hit hard by 10-month slide in oil and gas prices, said it is making significant cost cuts across its operations and is taking "decisive action to reshape the company and usher in a new era at Gran Tierra."
Posted on 4-23-2015 at 8:36 AM
U.S. shale fracklog triples as drillers keep oil out of market
Think the U.S. is awash in crude now? Thank the fracklog that it’s not worse.
Posted on 4-23-2015 at 7:27 AM

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