After travelling to Southeast Asia, Central America and Europe, Haley Stavert packed up her car and moved to Vancouver in February 2010, searching for something new and exciting. Unfortunately the car only made it 20 minutes outside of Edmonton. Undiscouraged, Haley made it to Vancouver and has loved every second of living on the West Coast. Haley joined the Investing News Network team in October 2011 as executive assistant and researcher and looks forward to expanding her knowledge in a new industry.
OPEC crude oil output is on course to reach its lowest since October 2011 this month as discontent in Libya, pipeline leaks in Nigeria and Iraqi export disruptions weigh on supplies, a Reuters survey found on Thursday.
The derailment of a Canadian Pacific Railroad train transporting crude oil in Minnesota this week emphasizes the policy risks fixed in delaying the Keystone XL pipeline amid unconstrained growth in rail shipments of oil.
Candax Energy Inc. (TSX:CAX), a company focused on mature oil field development in Tunisia, has announced financial and operating results for the year ended December 31, 2012. The audited financial statements, notes and MD&A pertaining to the period are available on the System for Electronic Document Analysis and Retrieval and by visiting www.candax.com.
Patriot Coal Corp has gone to court to request the termination of roughly $1.6 billion in retiree health benefits for thousands of its unionized U.S. mine workers as part of its plan to survive Chapter 11 bankruptcy, a court filing showed.
EastCoal Inc. (TSXV:ECX,AIM:ECX) is happy to announce that, at the end of February, it recommenced its wash plant at the Menzhinsky mine after the completion of engineering improvements and that it expects wash plant production to increase over the next few weeks.
Arch Coal, Inc. has announced that employees in Colorado and West Virginia recently earned a total of 10 statewide safety and environmental awards, including Colorado’s top coal mine safety award.
Oil bounced back as an Energy Information Administration report showed a dip in inventories at Cushing, Oklahoma, the delivery point for West Texas Intermediate crude traded in New York
Westbridge Energy Corporation (TSXV:WEB) has announce that the Company has entered into a letter of intent with Ropat Petroleum Investments (PTY) Ltd. to acquire a majority interest in the oil and gas exploration in four new petroleum licenses offshore Namibia.