UK’s Sunak to spend three billion pounds on green projects in economy plan

LONDON (Reuters) - British finance minister Rishi Sunak will earmark 3 billion pounds ($3.75 billion) to create green jobs and improve the energy efficiency...

Dakota Access pipeline shutdown may revive oil-by-rail industry

By Laila Kearney and Devika Krishna Kumar NEW YORK (Reuters) - Companies that transport oil by rail are prepping for a business surge after a...

Keep SMB’s Congo coltan mine in supply chains, says mineral tracker

JOHANNESBURG (Reuters) - Insecurity around Société Minière de Bisunzu's (SMB) coltan mine in Democratic Republic of Congo could get worse if it is cut...

Record debts come due for Canadian oil patch after five years of crisis

By Rod Nickel and Jeff Lewis WINNIPEG, Manitoba/TORONTO (Reuters) - Six years ago, Canadian oilfield services firm Calfrac Well Services (TO:CFW) commanded a C$2.1 billion...

Wall Street sees Exxon paring asset values on weakening demand

HOUSTON (Reuters) - Exxon Mobil Corp (N:XOM) assets are likely overvalued in light of weak oil-demand outlook, according to Wall Street analysts, and face write-downs as...