Default warning as US energy sector’s financial woes persist FINANCIAL TIMES 🔒 | Defaults by US oil and gas producers are set to outstrip all other sectors again in 2021 as an industry battered by ...
The dos and don’ts of M&A in shale MCKINSEY | During the recent boom, the “growth at any cost” mantra became a millstone around the necks of unconventionals operators. Nimb...
Don’t count out the U.S. oil & gas industry just yet FORBES | "On one hand, the energy transition is real and here to stay. On the other hand, there are 280 million cars on the road in the U...
European oil stocks dealt €360bn blow while renewables surge FINANCIAL TIMES 🔒 | Big European oil and gas companies have shed more than €360bn in market value this year while renewable energy stock...
It’s hard to tell how serious Wall Street is about climate BLOOMBERG GREEN | Measuring a company’s carbon footprint and determining whether it’s reducing it has always been difficult. Agreeing on w...
Wind turbine builder Siemens Gamesa plots return to profitability FORBES | Siemens Gamesa Renewable Energy's new financial strategy will look familiar to those following the pinched U.S. shale sector: th...
Sovcomflot’s profit rockets OFFSHORE ENERGY | Russia’s largest shipping company Sovcomflot logged a 149 percent rise in first-half net profit on the back of a strong...
Offshore drilling contractor Valaris files for bankruptcy in the U.S. WALL STREET JOURNAL 🔒| Valaris PLC , a London-based offshore drilling contractor, filed for bankruptcy Wednesday in the U.S. with a prop...
Oil outlook suggests the only way is up for bond yields FINANCIAL TIMES 🔒| Fossil fuels have suffered over the past year as a Covid-induced fall in energy demand compounded longer-term pressur...
Banks arranging $325m for Horizonte’s Brazil nickel project – shares jump MINING.COM | Horizonte Minerals (TSX: HZM) announced on Wednesday that it has executed a mandate to arrange a senior secured project fina...
Minera Alamos acquires third project in Mexico MINING.COM | Canada’s Minera Alamos (TSX-V: MAI) is expanding its footprint in Mexico by acquiring the Cerro de Oro gold project in Zacat...
Barrick, Skeena reach final deal on Eskay Creek project MINING.COM | Barrick Gold (TSX: ABX) (NYSE: GOLD), the world’s second-largest bullion miner, said on Tuesday that Canadian junior Skeena ...
Pensana shares up 16% on new drill results in Angola MINING.COM | Pensana reported on Tuesday the final assay results from the last 86 holes of the 8,000 metre drill programme completed at t...
Newmont tops profit estimates on gold price surge MINING.COM | Newmont (NYSE: NEM, TSX: NGT) said on Wednesday that higher gold prices helped generate significant free cash flow in the se...
Gold mining trio gets $3bn richer riding billion's surge MINING WEEKLY | Tech and pharma may be getting the attention these days, but three mining billionaires are quietly padding their fortunes...
Metals & mining industry M&A deals in June 2020 total $2.21bn globally MINING TECHNOLOGY | The value marked a decrease of 53.4% over the previous month and a drop of 37.9% when compared with the last 12-month...
ARENA shortlists seven companies for AU$70m green hydrogen funding pot PV TECH | Seven companies have been shortlisted for funding from a AU$70 million pot to help green hydrogen projects in Australia. The Au...
Silver price hits highest level since 2016 MINING.COM | Silver prices are latching onto gold’s rally, reaching their highest levels since 2016 on Monday, as concerns about the glob...
Yamana Gold to list on LSE, aims to hike dividends MINING.COM | Yamana Gold’s (TSX: YRI) (NYSE: AUY) executive chairman said on Monday the miner could raise its dividend by a third as the ...
Warren Buffett bets $9.7 billion on a long future for natural gas WORLD OIL | Warren Buffett’s $9.7 billion bet on natural gas looks even more contrarian today. As Democrat Joe Biden unveils a staggering...
