Articles Tagged "oil"

Richard Karn: New Mining Technology Could Increase Profits

The need for low-cost production may prove to be the mother of invention, argues Emerging Trends Report Editor Richard Karn. Although miners are far more technologically conservative than oil producers, today's tough financing environment may prompt technological advancements in a sector that has historically approached processing "with brute force rather than finesse," says Karn. In this interview with The Metals Report, Karn explores the possibilities for technological advancement in the mining space and tells us how we could (theoretically) reach a state of "resource equilibrium."

Candax Energy Releases Year End Operating & Financial Results

Oil – Candax Energy Inc. (TSX:CAX), a company focused on mature oil field development in Tunisia, has announced financial and operating results for the year ended December 31, 2012. The audited financial statements, notes and MD&A pertaining to the period are available on the System for Electronic Document Analysis and Retrieval and by visiting www.candax.com.

Big Oil Looks to Shale to Replace Reserves

Oil – On Economic Straight Talk, Arthur Berman talks about why the big oil companies are looking at shale plays in the US to replace their reserves. The article is quoted: Major oil companies exited onshore North America during the mid-1980′s to early 1990′s because of dwindling opportunities of sufficient size to meet the economic requirements of [...]