The impact of China’s urea prices China’s urea prices can have a significant impact on global fertilizer prices. Although the production cost of urea is on the higher end, as…

Natural gas inventories increased more than expected, but markets largely shrugged this rise off as they looked ahead to higher demand from the coming winter months.

Natural gas rigs remain down since the beginning of the year, with no major catalyst for them to increase in the medium term.

What is not to like about an oilfield that over its lifetime is expected to generate revenue the equivalent of the annual gross domestic product of Austria? Or, whose estimated reserves of 8bn-12bn barrels ...

TPG Capital's $500m bet on Mick Davis' venture has highlighted private equity investors' recent attempts to play the commodities cycle by snapping up small assets from the large mining and energy groups ...

Newmont Mining has joined the race for Glencore Xstrata's Peruvian copper mining project, underlining the US's largest gold producer's attempts to diversify its business. Glencore is selling Las Bambas ...

Mick Davis has raised $1bn for his new mining venture in a bet by investors that the industry heavyweight can master the commodities cycle and replicate his record in making Xstrata one of the world's ...

The impact of crop prices on the fertilizer industry Crop price can have a significant impact on fertilizer companies’ earnings and share prices. When crop prices are high, farmers feel…

For the world at large, Wyoming still means Buffalo Bill and cowboy boots. For global energy markets, the sparsely populated US state has a more modern relevance - as the source of some of the largest ...

Today’s U.S. gasoline pump prices are at their lowest point since the end of January. At a national average of $3.40 a gallon, the price has dropped by $0.19 a gallon since the beginning of September and ...

Nigeria has officially handed over legal control of 15 state-owned electricity companies to their new owners, capping a $2.5bn privatisation process that has raised hopes of an end to years of chronic ...

The relationship between commodity and shipping rates Commodity prices generally move together with shipping rates. When prices for materials such as steel, iron ore, coal, oil, and copper rise, they can ...

The former CEO of mining company Xstrata has a new venture to keep him busy. Mick Davis has brought together his former management team, all of whom had to go job hunting after the massive Glencore-Xstrata ...

China's plan to convert coal-to-synthetic natural gas could reduce urban air pollution, but increase net carbon emissions

When BP and Shell explored for hydrocarbons along the coast of Tanzania between 1952 and 1964, they found little natural gas and even less oil. But their geologists did discover that the 100 stratigraphic ...

Nothing portrays better the crisis engulfing Tanzania's mining sector than the plight of African Barrick Gold, the London-listed company that has all its precious metals mines in the east African country. ...

The presidential commission investigation into the 2010 Deepwater Horizon disaster, which reported in January 2011, was clear in its criticism not only of BP and the other companies involved, but also ...

Nearly 1,800ft up, on a remote hilltop in some of England's wildest landscape, a drill is boring down to seabed level in search of hidden wealth. The drilling rig near Nenthead, England's highest village, ...

Caterpillar has said the US mining equipment industry faces over $500m in potential lost sales if US miners succeed in opposing $650m in government-backed financing for an Australian iron ore mine. Equipment ...

After an investment of six years and $541 million, Anglo American has pulled out of the Pebble Mine project in Alaska

Miners led the London market sharply lower with Polymetal International among the sharpest fallers. The Russian gold miner slid 2.8 per cent to 670p after Merrill Lynch forecast a dividend cut and as dealers ...

Mining production at the majority of Anglo American Platinum's South African operations was disrupted on Friday after thousands of miners downed tools over the company's plans to retrench 3,300 workers. ...

Russian oil giant Rosneft wants in on the country’s natural gas business, which is controlled by the country’s other energy giant, natural gas producer Gazprom. Exxon Mobil Corp. (NYSE: XOM) is caught ...

A Q&A with best-selling author Jeremy Rifkin

Indonesia’s GDP forecasts have been slashed down Bank Indonesia has already cut its 2013 and 2014 GDP growth forecasts by 0.3 and 0.2 percentage points, respectively. The updated expected GDP…

Statoil, the Norwegian oil major, has made its largest discovery outside of Norway with a big oil find in the Bay du Nord off the coast of Newfoundland. Tim Dodson, Statoil's head of exploration, said ...

African Minerals has struck a deal under which China's biggest iron trader will plough $600m into its flagship mining project in Sierra Leone and a take a 10 per cent equity stake in the Aim-quoted company. ...

The 2010 Deepwater Horizon may be forgotten to many, but remnants of its destruction still remain in the Gulf of Mexico. Mercifully, it appears that researchers at Texas A&M University "have developed a non-toxic sequestering agent-iron oxide nanoparticles coated in a polymer mesh that can hold up to 10 times their weight …

No new oil refinery has been built in the U.S. in more than 35 years. Now there are two in the works. A 20,000-barrel a day refinery in North Dakota is already under construction and on Monday a second ...

The Soviets went to great lengths to try to extract their vast reserves of unconventional oil. In the far north of Russia, near the Pechora river estuary, they even experimented with nuclear explosives. ...

The operating rate in China is below average Historically, the expense of using coal to produce nitrogen-based fertilizers has kept Chinese firms away from increasing production, because they would have…...

Halliburton and Transocean hope that the worse BP looks, the less they'll be penalized for their roles in the debacle

China is flooding the entire fertilizer industry Why were prices falling before corn prices fell? Because China, the world’s largest producer of nitrogen (a chemical used to make nitrogenous fertilizers…...

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 2.6 million barrels last week, maintaining ...

The long-term prospects for coal companies look particularly bad, as competition from cheaper fuels and stricter environmental regulation may yet run them out of business. But short-term investors are ...

Favorable weather helping corn output Several traders were worried that last year’s record drought would return and destroy crops, which kept corn prices high. Yet, as the amount of corn…

WH Smith bears have already been squeezed. The newsagent is London's second-most disliked large-cap stock with short interest peaking in January at nearly a quarter of its free float. Since then, the shares ...

Gains for financial stocks and oil companies are being offset in London by losses among miners and defensive sectors, leaving the FTSE 100 only marginally higher and lagging behind its European peers. ...

African Barrick Gold's new chief executive said the company could be independent within 12 to 18 months if Barrick Gold renews an attempt to divest its subsidiary. Brad Gordon was installed at the helm ...

The US ethanol industry is reaching for a stronger brew in a last, best hope to avert a looming quandary in federal biofuels policy. "E85" - fuel made with up to 85 per cent ethanol and a relative ...

This year's most successful commodity hedge fund manager has extended his bet on the US oil price. Pierre Andurand's eponymous hedge fund returned 44 per cent by the end of July, according to HSBC data, ...

Centrica has written off £240m in investment after cancelling plans to build two gas storage facilities in the UK, blaming "weak economics for storage projects" and the government's decision ...

A shale boom is helping the U.S. become less reliant on energy imports, but "the U.S. will still need Canada," an official told CNBC.

In a time of dizzying capital flows in emerging markets, Mexico looks positively stable by comparison.

Barrick Gold is to cut regional managers as the world's largest gold producer tries to prune costs amid the uncertain outlook for prices of the precious metal. The Canadian group is to move oversight of ...

While the current orderbook continues to show a negative trend for crude tankers, investors should keep track of it because, sooner or later, orders will resume.

WTI crude oil prices ended down slightly on the week, as the market's worries about Syria abated with the United States and Russia entering talks about how to deal with Syria's chemical weapons.

Miners led the London market lower yesterday with Vedanta Resources leading the fallers. Vedanta slid 4.4 per cent to £11.16 after its deputy chairman Navin Agarwal raised £587,000 with the sale of 50,000 ...