NAI Breaking News

Cameco Shuts down Operations, Locks Workers out
Posted 2014-08-27 04:51NAI Editing
Canadian uranium producer Cameco (TSX:CCO)(NYSE:CCJ) said Wednesday it is halting production at two of its Saskatchewan uranium operations over a labour-management dispute.

Shell Sells Some Nigerian onshore Oil Fields
Posted 2014-08-27 04:25NAI Editing
Royal Dutch Shell said it had reached deals on some of the four Nigerian oil fields it has offered for sale as the oil major pushes ahead with divesting global assets to cut costs.

Gold Shines Most in September on Seasonal Buys: Chart of the Day
Posted 2014-08-27 04:17NAI Editing
Gold investors hurting from prices within 1 percent of a two-month low can find solace from history showing the metal tends to perform best in September.

Drillsearch Energy Looks at More Deals in Outback Australia
Posted 2014-08-27 03:22NAI Editing
Drillsearch Energy Ltd.

Barrick Gold Corporate Development Head McCreary to Leave
Posted 2014-08-27 03:18NAI Editing
Barrick Gold Corp. (ABX), the largest producer of the metal, said its head of corporate development will leave the company amid an internal reorganization.

Fission Connects 2 Zones; R780E Expands to 930m; Hits 10.45m Total Composite "Off-Scale" in 103.0m Composite Mineralization
Posted 2014-08-26 03:55TSXV_FCU
is pleased to announce results from seven new angled drill holes of the summer drill program at its PLS property in Canada's Athabasca Basin.

Norway to Cut Oil-Production Forecasts as Costs Delay Projects
Posted 2014-08-26 03:49NAI Editing
Norway, western Europe’s biggest oil producer, will probably cut its long-term forecast for crude production as companies reduce spending to counter rising costs and improve shareholder returns.

Iron Ore Risks Extending Drop to Lowest Since 2009
Posted 2014-08-26 03:41NAI Editing
Iron ore prices are at risk of slumping to the lowest level since 2009 as increased supplies from Australia and Brazil boost a global surplus and prompt the closure of some higher-cost Chinese suppli

Chevron Seeks up to $1.5 Billion for Canadian Oil Project
Posted 2014-08-26 03:18NAI Editing
Chevron Corp (CVX.N) has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private eq

Hedge Fund Crude Bets Tumble Amid Surging Global Supply
Posted 2014-08-25 03:27NAI Editing
Speculators are the least bullish on U.S. crude oil prices in 16 months as refinery maintenance weakens demand at a time when Libya and Iraq are swelling global supplies.