NaturalResources

TC Energy's CEO Hints at Revisions for Planned Sale of Indigenous Stake

1 month ago

In a significant development for TC Energy Corp., CEO François Poirier has communicated potential shifts in the company's strategy concerning its planned sale of a stake involving Indigenous investment. This indication comes amid growing scrutiny and evolving market conditions concerning energy infrastructure investments across North America.

Despite Political Turmoil, Lundin Heirs Make Bold Moves in Argentina's Copper Sector

2 months ago

In a striking counterpoint to the prevailing political instability in Argentina, the heirs of the Lundin family are making significant investments in the South American nation’s copper mining sector. While the country grapples with economic challenges and political uncertainty, including potential risks from the recent rise of far-right influences, this family’s commitment underscores a strong belief in the long-term potential of Argentina’s natural resources.

Tanzania Implements Economic Shift by Mandating Gold Sales to Central Bank

3 months ago

The government of Tanzania recently announced a major policy turnabout, requiring all miners to sell gold directly to the country's central bank. This bold move aims at maintaining the national economy on an even keel by increasing its precious metal reserves.

China's Coast Guard Joined by Russians on First Patrol in Arctic Waters

3 months ago

Marking a key geopolitical development, China and Russia have initiated their very first joint patrol operations in the Arctic region. The effort invested signifies the growing relations between two of the world's majors, at least on issues related to a region as strategically important as the Arctic-with immense economic and military significance.

TotalEnergies and APA Corporation Approve $10.5 Billion Oil Production Project in Suriname

3 months ago

TotalEnergies SE and APA Corporation have just reached a major development milestone by sanctioning a $10.5 billion project to produce oil in Suriname. At the same time, the project constitutes one of the biggest investments ever sunk into the emergent oil industry of Suriname, opening completely new horizons both in economic prospects and energy production for the South American country.