Before joining the Investing News Network as senior editor, Andrew was an editor at MINING.com, a mining and mineral exploration blog covering the global mining industry and commodities markets. With a background in newspaper and trade magazine reporting, Andrew has written for the Black Press newspaper chain in British Columbia, Business in Vancouver and Baum Publications, where he edited magazines on construction and environmental technology. Andrew also has experience in transportation logistics, having worked at the Port of Vancouver and for Korean shipping giant Hanjin. He studied journalism and political science, and earned a Master's degree from the London School of Economics. In his spare time Andrew enjoys cooking, playing squash and travel.
Shares of Whiting Petroleum (NYSE:WLL), Continental Resources (NYSE:CLR) and other crude oil producers in the Bakken shale formation lost ground Thursday after the U.S. government said oil produced from the region may be extra flammable, according to Reuters.
Colombia, once the domain of guerillas and drug traffickers, has opened up to investment and is now poised to add reserves through an aggressive exploration program, having recently surpassed 1 million barrels a day.
Victory Energy Corporation (OTCQB:VYEY), a Texas-based oil and gas company, said this week it will double in size for the 2013 fiscal year and is poised for significant growth with currently held Permian Basin properties.
Canadian diversified miner Teck Resources (NYSE:TCK, TSX:TCK.B), along with oilsands giant Suncor (NYSE:SU, TSX:SU) and French company Total (EPA:FP), said Thursday it has decided to proceed with construction of the Fort Hills oil sands project in northern Alberta.