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GOLD (MSM)

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SILVER (MSM)

March 28, 2015 SILVER (MSM)

Saturday, March 28: Today in Gold and Silver

NEW YORK (TheStreet) — With Friday being the last day for large traders to exit the April gold contract, it was not at all surprising that that price action was subdued.  The low of the day came at the London afternoon gold “fix”—and gold was closed below the $1,200 spot mark. The high and low ticks aren’t worth the effort to look up. … Click to view a price quote

March 28, 2015 SILVER (MSM)

Saturday, March 28: Today in Gold and Silver

NEW YORK (TheStreet) — With Friday being the last day for large traders to exit the April gold contract, it was not at all surprising that that price action was subdued.  The low of the day came at the London afternoon gold “fix”—and gold was closed below the $1,200 spot mark. The high and low ticks aren’t worth the effort to look up. … Click to view a price quote

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ENERGY (MSM)

June 09, 2015 ENERGY (MSM)

Venezuela blames Exxon Mobil for row with Guyana over disputed waters

Venezuelan President Nicolas Maduro blamed Exxon Mobil for strains with neighboring Guyana over disputed territorial waters, and said diplomacy should ultimately win out. A decree issued by Caracas on May 27 lays claim to waters off the Essequibo River region, a disputed territory that borders Venezuela and encompasses more than half of Guyana. The Venezuelan action came less than a month after Exxon Mobil said it had made a significant

June 09, 2015 ENERGY (MSM)

Venezuela demands Guyana halt 'imperial' oil exploration

Venezuela on Tuesday demanded that neighboring Guyana halt oil exploration being carried out by Exxon Mobil Corp in disputed offshore territory in an escalation of a long-running border dispute between the two South American nations. Exxon last month said it found oil off Guyana’s coast, spurring complaints from Caracas that Guyana is unfairly exploiting a disputed territory that must be negotiated through a mechanism created via a 1966 treaty signed

June 08, 2015 ENERGY (MSM)

Guyana warns Venezuela on maritime dispute

Guyana warned Monday it would “vigorously” resist any attempt by Venezuela to enforce a new claim over coastal waters where Exxon Mobil recently announced an important oil find. Caracas issued a decree May 27 laying claim to waters off the Essequibo, a disputed territory that borders Venezuela and encompasses more than half of Guyana. The Venezuelan action came less than a month after Exxon Mobil said it had made a

June 08, 2015 ENERGY (MSM)

South Africa names more bidders for 1,084 MW of green power

South Africa has named 13 more preferred bidders for the fourth round of a series of renewable energy projects that will add 1,084 megawatts (MW) of electricity to its ailing power grid, the energy minister said. The new bidders are in addition to 13 others announced in April as Africa’s most advanced economy aims to introduce green energy into its power mix – 95 percent of which is coal-based –

June 06, 2015 ENERGY (MSM)

Three more tendons sink at Chevron's Big Foot site in U.S. Gulf

(Reuters) – Three more tendons designed to link Chevron Corp’s Big Foot deepwater oil project to the Gulf of Mexico seabed have sunk, escalating concerns about how long it will take for the project to start. The No. 2 U.S. oil company said on Saturday that a total of nine tendons, which look like a long series of interlocking metal pipes and tether platforms to seabeds, rested on the seabed

June 05, 2015 ENERGY (MSM)

Alaska judge refuses EPA request to throw out Pebble mine lawsuit

By Steve Quinn JUNEAU, Alaska (Reuters) – A federal judge has rejected the U.S. Environmental Protection Agency’s request to dismiss a lawsuit by the Pebble Limited Partnership mining company that accuses the agency of acting improperly in trying to block a large copper and gold project. The ruling made on Thursday by U.S. District Judge Russel Holland allowed part of the company’s lawsuit to go forward alleging the EPA violated

June 05, 2015 ENERGY (MSM)

Why new EPA report is unlikely to settle fracking debate

A new, comprehensive government report on the environmental impacts of hydraulic fracturing is unlikely to settle the debate over the safety of the process, as both supporters and opponents say the report’s conclusions support their views. The 998-page report from the US Environmental Protection Agency investigated allegations that the hydraulic fracturing method – commonly referred to as fracking – can contaminate local drinking water resources. The method – in which

June 05, 2015 ENERGY (MSM)

Cameroon signs deal with Russia firm over second oil refinery

YAOUNDE (Reuters) – Cameroon has signed a deal with Russian group RusGaz Engineering that could pave the way for a second oil refinery for the central African nation, the ministry of water and energy said. The deal will allow the Moscow-based firm to conduct a feasibility study in the port city of Kribi for the facility that aims to refine mainly Cameroonian crude for export and to provide products for

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