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Natural Disasters

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  • CALGARY, Alberta, June 1- Firefighters made progress tackling wildfires in the key oil-producing region of northern Alberta on Monday, although a number of oil sands projects stayed shut down, keeping around 10 percent of total oil sands production offline. The Western Canadian province of Alberta is the major source of U.S. oil imports. The wildfire hazard in...

  • ORLANDO, Fla., June 1- The 2015 Atlantic hurricane season opens on Monday, and a combination of a forecast for fewer-than-average storms and the highest level ever of financial resources on hand in Florida to pay claims may help homeowners and businesses there weather fears of a storm. Florida, the riskiest place in the United States for hurricane strikes, has had...

  • *Chicken prices in western India soar to record 95 rupees/ kg. MUMBAI, June 1- Chicken prices in India soared to a record high after a heat wave killed more than 17 million birds in May, as temperatures regularly above 40 degrees Celsius led to mounting casualties among livestock as well as humans. India has been struggling to export corn after global prices hit...

  • Could virus make the leap from birds to people? Saturday, 30 May 2015 | 12:02 PM ET
    Lacey Kurth, a research associate, works with avian influenza test samples during testing in the real-time analytical diagnostics lab at the Iowa State University College of Veterinary Medicine in Ames, Iowa.

    There have only been four flu pandemics since the start of the 20th century, yet concerns are widening about the potential for a new outbreak.

  • Japan shaken by big quake: No tsunami warning Saturday, 30 May 2015 | 11:23 AM ET

    A powerful earthquake shook Japan on Saturday, but officials said there was no tsunami, injuries or immediate damage.

  • Texas farmers facing 'total loss for this year' Friday, 29 May 2015 | 2:46 PM ET
    Farm irrigation equipment stands idle in the flooded fields after a storm dropped 2 inches of rain on Raymondville, Texas.

    Farms across Texas and surrounding states are flooded and waterlogged, leaving farmers who had been looking at bumper crops now worried.

  • The town with America's cheapest water Friday, 29 May 2015 | 11:46 AM ET
    This reservoir, owned by South Feather Water & Power, in California is the cheapest water in the country.

    Despite extreme drought conditions causing restrictions in California, water itself isn't so expensive in the Golden State.

  • CALGARY, Alberta, May 28- Firefighters battled wildfires in northern Alberta, Canada's biggest crude-producing region, for a sixth day on Thursday, with two blazes near oil sands facilities still out of control. That blaze has forced Cenovus Energy Inc and Canadian Natural Resources Ltd to shut down production and evacuate staff from their Foster Creek and...

  • CALGARY, Alberta, May 27- A wildfire raging in northeastern Alberta near two major oil sands projects nearly doubled in size to 17,000 hectares on Wednesday, although firefighters made some progress tackling blazes elsewhere in the oil-rich Western Canadian province. The fires have forced energy companies operating in Alberta, the largest source of U.S. oil...

  • Alberta wildfires rage on, intensify near oil sands sites Wednesday, 27 May 2015 | 1:03 PM ET

    CALGARY, Alberta, May 27- A wildfire raging in northeastern Alberta near two major oil sands projects nearly doubled in size to 17,000 hectares on Wednesday, although firefighters made some progress tackling blazes elsewhere in the oil-rich Western Canadian province. Geoffrey Driscoll, a wildfire information officer at the Alberta government, said the fire...

  • What El Nino means for California—and the drought Wednesday, 27 May 2015 | 12:32 PM ET
    Dry cracked earth is visible on the banks of Shasta Lake at Bailey Cove in Lakehead, Calif.

    A strengthening El Nino season could mean more rain coming to drought-ridden California. But that could pose a different problem.

  • CALGARY, Alberta, May 26- Statoil ASA, MEG Energy Corp and Cenovus Energy Inc evacuated hundreds of workers from three oil sands projects in northeastern Alberta on Tuesday as wildfires raged through the key crude-producing region. The Alberta government said there are 70 forest fires now burning in the province, with 20 considered out of control.

  • CALGARY, Alberta, May 26- Cenovus Energy Inc evacuated all 90 workers from its Narrows Lake oil sands project in northeastern Alberta on Tuesday as a precaution against wildfires, the company said. Cenovus, which shut down operations at its Foster Creek project over the weekend, joined MEG Energy and Statoil in pulling workers from their sites on Tuesday as the...

  • CALGARY, Alberta, May 26- Statoil ASA and MEG Energy Inc evacuated non-essential staff from oil sands projects in northeastern Alberta on Tuesday as wildfires raged through the key crude-producing region. The Alberta government said there are 66 forest fires now burning in the province, with 19 considered out of control. Statoil evacuated around 110...

  • CALGARY, Alberta, May 26- MEG Energy Inc said on Tuesday it was suspending operations at its 80,000 barrel per day Christina Lake oil sands project and evacuated non-essential staff as wildfires rage through northeastern Alberta. At least 233,000 barrels per day of oil sands production, nine percent of Alberta's total oil sands output, has been suspended in...

  • Texas hit with historic floods Tuesday, 26 May 2015 | 3:00 PM ET
    Texas hit with historic floods

    Unprecedented rainfall caused record-breaking flash floods in Texas early Tuesday. The death had risen to 11 by the afternoon.

  • 10 confirmed dead, 12 missing in Houston-area floods Tuesday, 26 May 2015 | 9:25 AM ET
    Raw video: Houston area hit with historic floods

    Aerial footage provided by KPRC shows flooded roads and submerged cars in Houston after torrential rains caused unprecedented flooding in the region.

  • 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...

  • Corn futures were up 1 percent at the Chicago Board of Trade, following gains in wheat, while soybeans edged higher on technical buying. "We are probably trading headlines today- forecasts for heavy rains in Texas and Oklahoma," said Austin Damiani, analyst at Frontier Futures. Rains could arrive midweek in Texas and Oklahoma, possibly causing local flooding and...

  • Is an El Nino economic storm brewing? Thursday, 14 May 2015 | 11:32 PM ET
    Is an El Nino economic storm brewing?

    Avtar Sandu, senior mManager, Commodities at Phillip Futures, discusses the predictions that El Nino may emerge this year and explains what it means for commodity markets.