US jobs data sends TSX to 2012 low

Canada's resource-heavy main stock index tumbled to a 2012 low on Friday as energy and financial shares sank after data showed slower US job creation and a euro zone economy on the edge of another recession. Markets were rattled by soft...

TSX hits highest level in nearly a month

Toronto's main stock index finished at its highest level in nearly a month on Monday as higher US natural gas prices boosted energy shares and offset losses from materials after weak US and Europe data heightened global growth fears. Energy...

Nautilus eyes up to $100m in funding requirements

While Nautilus Minerals, aiming to become the first deep-sea metals producer by the end of next year, still needs to raise $90-million to $100-million to fully fund the project, it has about two years to do so, CEO Steve Rogers said on Thursday....

Woodside may sell minority stake in Browse

Australian oil and gas producer Woodside Petroleum on Friday confirmed that it was “assessing the potential sale” of a minority portion of its equity in the Browse liquefied natural gas (LNG) project, off the coast of Western Australia....

Woodside production drops by 6%

Australian oil and gas producer Woodside Petroleum on Wednesday reported a 6% decline in production, compared with the previous corresponding period. During the three months ended December, Woodside produced some 16.6-million barrels of oil...

Higher volumes, prices push up Woodside revenue

Australian oil and gas producer Woodside has reported an increase in sales revenue for the quarter ended September, helped by higher sales volumes and liquefied natural gas (LNG) prices. Sales revenue increased by 5% on the previous quarter, and...

Noble enters $3.4bn shale gas venture with Consol

NYSE-listed Consol Energy, the US coal and gas giant, on Thursday said it would sell a 50% stake in its Marcellus Shale assets in the east of the country for $3.4-billion to oil and gas producer Noble Energy. The deal is effective July 1, and is...

Burke approves Ichthy gas project off coast of WA

The federal government has given environmental approval to oil and gas producer Inpex’s Ichthy gas project, off the coast of Western Australia. Environment Minister Tony Burke said on Tuesday that he had approved the proposal, including the...

Woodside appoints ExxonMobil exec as new CEO

Australian oil and gas producer Woodside Petroleum has appointed ExxonMobil VP Peter Coleman as its new CEO, to replace Don Voelte. Coleman will take up his appointment with Woodside on May 30.

As shale gas concern rises in SA, Shell offers glimpse into N American operations

Operators in the Haynesville shale area of North America, which is located on the border of east Texas and western Louisiana, are rushing to secure leases and keep their foothold in the region. Global oil and gas producer Shell, which holds an...

Amadeus considering unsolicited takeover offer

ASX-listed oil and gas producer Amadeus Energy on Friday went into a trading halt on news of an unsolicited takeover offer. The energy company told the ASX in a statement that the potential bidder required the company to keep the terms of the...

AngloGold Ashanti makes new board appointment

South Africa-focused AngloGold Ashanti has appointed Rhidwaan Gasant as a nonexecutive director and as a member of its audit and corporate governance committee. Gasant is a chartered accountant and the former CEO of Energy Africa Limited, an oil...