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Australian Mining reported that the International Energy Agency (IEA) believes new major liquefied natural gas (LNG) projects in Australia will struggle to turn a profit due to the low oil prices.
Mining Weekly reported that BHP Billiton (ASX:BHP,LSE:BLT,NYSE:BHP) and joint venture partner ExxonMobil Australia will spend AU$400 million to replace a 187 kilometer pipeline in Victoria.
Not all stocks got hurt in the Black Monday bloodbath. Here’s a few precious metals stocks that avoided the carnage to post gains.
Sintana Energy Inc. (TSXV:SNN) announced that Patriot Energy Sucursal Colombia, wholly owned by the Company, has received notice that ExxonMobil Exploration Colombia Limited has commenced drilling operations for the Manati Blanco-1 well in Colombia’s Middle Magdalena Basin.
In May, US Energy Secretary Ernest Moniz said that the Obama administration is considering lifting the country’s crude export ban. Interestingly, a report from IHS suggests that the US could stand to reap multiple benefits from the rule change, including the addition of up to nearly 1 million jobs in
Forbes reported today that Vietnam is asking Beijing to call off the movement of a Chinese oil rig towards large reserves discovered and owned by Exxon and PetroVietnam. According to Forbes, the action followed president Obama’s ‘China containment tour,’ although the United States is not expected to retaliate against the
Sanctions imposed on Russia by the United States were less harsh than expected, but the intertwining of Russia’s Rosneft with other international oil companies highlights Russia’s importance in the oil market.
Coal Investing News recently spoke with David Schwedel, founder and lead investor of Coalview, about why it’s important to recover coal fines and how it’s done. He also touches on why he believes a positive future is in store for the much-maligned fuel.
CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) provided an update on recent testing activities at the Kutai West PSC, signed a Memorandum of Understanding (MOU) with PT Navigat Energy, and arranged a $3.8 million non-brokered private placement.
CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) provided an operational update on its coalbed methane properties in Indonesia. The Company and ExxonMobil have agreed to extend the Umbrella Agreement signed on December 19, 2012, coring operations have been completed at the CBM-01 well, and Newton Energy, the operator of the Kutai West
Stepping away from the pack, Andrew Coleman of Raymond James Equity Research is making a contrarian forecast for an oil glut in 2014. Shale oil production is on the ascent, with the United States joining Saudi Arabia on the supply side, while China’s hunger for oil may be sliding and
By Vivien Diniz
Is this a great time to be an energy investor? It definitely is, according to Matt Badiali, editor of the S&A Resource Report. “You can make a lot of money, unless you’re Bill Powers,” he says in this interview with The Energy Report. Badiali discusses the true potential for U.S.
CBM Asia Development Corp. (TSXV:TCF,US:CBMD,FWB:IY2) reported that the non-brokered private placement announced on March 6, 2013 and April 1, 2013 is moving forward.
Positive economic news and hints of interest rate cuts in Europe supported oil and copper prices this week, while central banks and buyers of gold bars and coins gave the yellow metal a much-needed lift.
Growing stockpiles pressured copper and oil prices, while TransCanada started signing up clients for a new pipeline that could help ease the glut of oil coming out of Western Canada.