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Israel's new rules on natural resources putting off investors

2015-01-07 00:44:32| Energy - Topix.net

New regulation of Israel's natural gas and mining industries aimed at increasing competition to bring down prices is scaring off investors, putting billions of dollars at risk. The rules, introduced over five years for many sectors but hitting natural resource companies particularly hard, allow the break up powerful conglomerates that dominate Israel's economy, with the goal of reducing high living costs, a major voter complaint ahead of the March 17 national election.

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Venezuela blocks Harvest Natural Resources $275 assets sale

2015-01-05 01:00:00| Offshore Technology

Energy firm Harvest Natural Resources has cancelled the $275m sale of its remaining assets in Venezuela after failing to secure approval from the Venezuela Government.

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Top Oil Sands Pick: Canadian Natural Resources

2014-12-23 20:05:54| Oil & Gas - Topix.net

Canadian Natural Resources is not only Canada's largest natural gas producer it also has 4,420 MMbbl of proved crude oil and NGLs, natural gas liquids, reserves as of 2013 year end. According to the company's latest presentation its' reserve base makes it the largest peer in a group including the likes of Suncor , Apache , and Imperial Oil .

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Canadian Natural Resources chairman sees oil touching US$30 a barrel

2014-11-29 23:32:57| Energy - Topix.net

Canada's oil industry faces a year of "tough slugging," including the deferment of many projects, as oil prices collapse to as little as US$30 a barrel then likely stabilize around US$70 to US$75 a barrel, oil entrepreneur Murray Edwards predicted Friday. Because of its high costs, the Canadian sector will be impacted more than many oil-producing jurisdictions around the world by OPEC's decision Thursday to not cut oil production, said Mr. Edwards, the chairman of Canadian Natural Resources Ltd. and one of Canada's single biggest oil investors.

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Canadian Natural Resources chairman sees oil touching US$30 a barrel

2014-11-29 22:32:12| Oil & Gas - Topix.net

Canada's oil industry faces a year of "tough slugging," including the deferment of many projects, as oil prices collapse to as little as US$30 a barrel then likely stabilize around US$70 to US$75 a barrel, oil entrepreneur Murray Edwards predicted Friday. Because of its high costs, the Canadian sector will be impacted more than many oil-producing jurisdictions around the world by OPEC's decision Thursday to not cut oil production, said Mr. Edwards, the chairman of Canadian Natural Resources Ltd. and one of Canada's single biggest oil investors.

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