CALGARY, Alberta, May 25- A wildfire raging in northeastern Alberta has shut down around 233,000 barrels per day of production at three oil sands projects and is expected to remain out of control for "some while yet," a provincial government spokesman said on Monday. Over the weekend, Cenovus Energy Inc and Canadian Natural Resources Ltd evacuated staff and halted...» Read More
Mad Money host Jim Cramer weighs in on President Obama and Mitt Romney's position on energy independence for North America.
President Obama blasted Mitt Romney on coal in last night's debate, with Beth Daley, Boston Globe. CNBC's Hampton Pearson has been talking to coal miners all day in Chester, Virginia, and reports their position on the candidates.
Following the second debate between President Obama and challenger Mitt Romney, the idea that a win by either candidate would make a difference for the coal industry is nonsense, Joe Terranova of Virtus Investment Partners said Wednesday on CNBC.
Michael Ward, CSX Corporation president, chairman, & CEO, breaks down the transportation company's third quarter earnings of $0.44 EPS on $2.89 billion in revenues, and discusses the impact of coal costs on the company's bottom line.
One stock that we are watching very closely in London today, is coal mining company BUMI, it fell twelve percent yesterday and may come under more pressure today. Catherine Boyle has more.
Coal stocks are looking increasingly attractive as the price of natural gas rises, commodities trader Dennis Gartman said Friday on CNBC.
Coal stocks seem to be finally rebounding, with CNBC contributor Mike Khouw of CRT Capital Group LLC.
CNBC's Jon Fortt reports on which tech stocks are reaching all-time highs; and discussing which coal stocks are a buy right now, with Michael Dudas, Sterne Agee analyst.
Both energy and health care are higher after Romney's comments last night in the debate. Ana Gupte, Bernstein analyst, and Kevin Book, Clearview Energy Partners, offer strategies to playing these sectors.
Francis Lun, Managing Director at Lyncean Holdings says Hong Kong's IPO market is in a deep recession, hurt by a slump in China and the euro zone. He adds the market's recovery will be slow.
Indonesia may miss its goal of becoming one of the world’s 10 largest economies by 2025, as it is still far from growing at the 7 to 9 percent annual rate needed to meet the target, according to the Organization for Economic Co-operation and Development (OECD).
While China may currently have the highest number of high net worth individuals in Asia another much smaller regional economy, Indonesia, is expected to see the fastest growth in its millionaire population, according to a report by Swiss private bank Julius Baer.
Larry Kudlow looks at the White House energy policy and whether it's costing thousands of Americans their jobs. Rep. Shelley Moore Capito (R-WV), provides perspective.
After promising for months now a plan to turnaround India’s troubled economy, Prime Minister Manmohan Singh finally delivered on Thursday what’s widely viewed as the boldest measure yet—in the form of a controversial fuel price hike.
In recent years Indonesia, Southeast Asia’s largest economy, has emerged as a darling of foreign investors, but that privileged status may be under threat as its economy shows signs of weakness amid policy changes that are being viewed as protectionist.
Oil prices staged a rally on Wednesday partly due to the escalating turmoil in the Middle East, and analysts who expect the strife to worsen are recommending oil stocks as “a great place to be.”
Prices of commodities such as copper and gold have slumped more than 15 percent this year as investors shun risk assets and demand fell amid a moribund global economy but a demise of the mining industry is “greatly exaggerated,” according to HSBC.
Commodities bulls betting on further easing from major central banks to revive sagging prices may be setting themselves up for disappointment.
China’s GDP grew at its slowest pace in three years in the second quarter, but other less-cited indicators are already signaling that the world’s second-largest economy may be starting to turn around.
Shares of mining giants may have slumped this year on falling demand from China and as investors shun assets but they may be due for a bounce.