Daily Top Story

High Costs and Weakening Gas Prices Weigh on Gas Export Projects
Posted 2014-06-11 08:36NAI Editing
Only a fraction of the natural gas export projects being developed around the globe will become reality as high costs and weakening gas prices torpedo those that until recently promised huge returns o

It May Be a Perfect Time to Sell Nickel Assets for BHP to Anglo
Posted 2014-06-10 08:15NAI Editing
The 30 percent surge in nickel this year means some of the world’s biggest metals companies may finally be able to sell as much as $14 billion in unwanted mines they’ve held for years.

World Needs Record Saudi Oil Supply as OPEC Convenes
Posted 2014-06-09 05:07NAI Editing
OPEC ministers say they will almost certainly leave their oil-production ceiling unchanged when the group meets this week.

Canada's Surprise Light Oil Boom Delights Oil Sands Producers Seeking Diluent
Posted 2014-06-06 05:49NAI Editing
Canada is enjoying an unexpected boom in production of ultra-light crude known as condensate, defying long-held predictions of dwindling supply.

U.S. Refiners Struggle with too much Light Crude
Posted 2014-06-05 08:10NAI Editing
Most of the extra oil produced in the United States in the next two years will be light crudes and condensates that domestic refineries will struggle to process - intensifying pressure for at least a

Iron Ore Cargoes at Record as Mines Boost Production.
Posted 2014-06-04 04:24NAI Editing
Iron ore shipments from Australia’s Port Hedland expanded to a record in May as mining companies boosted output, helping to push benchmark prices to the lowest level since 2012 and contributing to a r

Energy Supply Requires $40 Trillion Investment to 2035, IEA Says
Posted 2014-06-03 07:12NAI Editing
Meeting the world’s energy supply needs by 2035 will require $40 trillion of investment, as demand grows and production and processing facilities have to be replaced, the International Energy Agency s

Obama Said to Deep Cuts to Power-Plant Emissions
Posted 2014-06-02 06:57NAI Editing
President Barack Obama proposed cutting greenhouse-gas emissions from the nation’s power plants by an average of 30 percent from 2005 levels by 2030.

Iron Ore Heads for Record Losing Streak on Growing Supply
Posted 2014-05-30 10:03NAI Editing
Iron ore is heading for a sixth monthly drop in the longest losing streak on record as rising supplies from Australia and Brazil spur a global glut. Fortescue Metals Group Ltd.

Barrick Gold CEO Sees Growth in Nevada Following ‘Reset’
Posted 2014-05-29 05:33NAI Editing
Jamie Sokalsky has spent most of his tenure as Barrick Gold Corp. (ABX)’s chief executive officer retrenching and fighting fires.