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Oil and Gas Coal and Consumable Fuels

  • SYDNEY, Feb 23- The first attempt at an acquisition by Australia's South32 following its spinoff from BHP Billiton has raised competition concerns over control of the local coking coal market. Australia's chief competition regulator on Thursday said it was concerned South32's proposed $200 million acquisition of Peabody Energy's Metropolitan colliery...

  • The outlook for coal prices

    David Paull, MD of Aspire Mining, says commodity prices are driving the investment propositions for Mongolia.

  • SYDNEY, Feb 23- The first attempt at an acquisition by Australia's South32 following its spinoff from BHP Billiton has raised competition concerns with regulators over control of the domestic coking coal market. Australia's chief competition regulator on Thursday said it was concerned South32's proposed $200 million acquisition of Peabody Energy's...

  • CALGARY, Alberta, Feb 22- U.S. oil major Exxon Mobil Corp has revised down its proved crude reserves by 3.3 billion barrels of oil equivalent as a result of low oil prices throughout 2016, a company filing showed on Wednesday. The de-booking includes the entire 3.5 billion barrels of bitumen reserves at the Kearl oil sands project in northern Alberta, operated by...

  • KIEV, Feb 22- The Ukrainian central bank will take "anti-crisis measures" if a rail blockade in Ukraine's war-torn east continues, resulting in lost foreign exchange earnings, the head of the regulator told Reuters. On Monday, Ukraine's largest steel producer, Metinvest, said the blockade had forced it to halt production temporarily at one of its mills and several...

  • CALGARY, Alberta, Feb 21- ConocoPhillips Corp has revised down over a billion barrels of oil sands reserves because of low global crude prices, a company filing showed on Tuesday, the latest sign that some of Canada's vast hydrocarbon potential may be left untapped. Likewise Martin King, an analyst with GMP FirstEnergy in Calgary, said the debooking likely had...

  • CALGARY, Alberta, Feb 21- ConocoPhillips Corp has revised down over a billion barrels of oil sands reserves because of low global crude prices, a company filing showed on Tuesday, the latest sign that some of Canada's vast hydrocarbon potential may be left untapped. Likewise Martin King, an analyst with GMP FirstEnergy in Calgary, said the debooking likely had...

  • Broughton: If you look at the strength of the dollar it has historically led to lower rail volume

    Donald Broughton, Managing Director at Avondale Partners, has a “sell” rating on Norfolk Southern stock and tells viewers why.

  • BECKLEY, W.Va.— Coal companies owned by West Virginia Gov. Jim Justice still owe his cash-strapped state $4.4 million in unpaid taxes due at least a year ago, tax liens show. The liens, filed in Raleigh County where parent company Southern Coal Corp. has been based, show Kentucky Fuel owing $2.7 million through 2014 and Justice Energy owing $1.7 million.

  • President Donald Trump will reverse a handful of Obama-era environmental regulations in executive orders that could be signed as early as this week, the Washington Post reported, citing unnamed sources with knowledge of the orders. The orders will instruct the Department of the Interior to lift a ban on new coal mining leases on federal lands and will...

  • President Donald Trump will reverse a handful of Obama-era environmental regulations in executive orders that could be signed as early as this week, the Washington Post reported on Tuesday, citing unnamed sources with knowledge of the orders. The orders will instruct the Department of the Interior to lift a ban on new coal mining leases on federal lands and...

  • PRESIDENT TRUMP PREPARING EXECUTIVE ORDER TO LIFT COAL MINING BAN ON FEDERAL LANDS- WASHINGTON POST, CITING UNNAMED SOURCES.

  • his picture taken on December 14, 2012 from China's northeastern city of Dandong, looking across the border, shows a North Korean military officer (R) and a North Korea man (L) standing behind a pile of coal along the banks of the Yalu River in the northeast of the North Korean border town of Siniuju.

    A surprise announcement from Beijing last weekend that it had banned coal imports from North Korea is causing a fracas in China’s coal market.

  • Feb 17- U.S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks up and energy service providers hike fees to take a bigger share of the profits generated by higher oil prices. Drilling innovations over the past decade have generated a dizzying reduction in the cost of pumping oil from shale...

  • China halts imports of coal to North Korea

    CNBC's Eunice Yoon discusses China-North Korea relations, and how the former is responding to its isolated neighbor's recent missile test.

  • BEIJING, Feb 20- China's top coal producers will meet on Tuesday to discuss plans for stabilising output this year, the official Shanghai Securities News reported. Coke and coking coal futures rose on Monday after Beijing suspended imports of North Korean coal as part of its efforts to implement United Nations sanctions against the country.

  • BEIJING, Feb 20- China's top coal producers will meet on Tuesday to discuss plans for stabilizing output this year, the official Shanghai Securities News reported. Coke and coking coal futures rose on Monday after Beijing suspended imports of North Korean coal as part of its efforts to implement United Nations sanctions against the country.

  • A truck loads coal at a port in Lianyungang, eastern China's Jiangsu province on January 19, 2016.

    China will suspend all imports of coal from North Korea starting Feb. 19, the country's commerce ministry said.

  • Coal towns pin hopes on Trump

    CNBC's Contessa Brewer reports on coal country's new optimism under President Trump.

  • Robert Murray, President and CEO of Murray Energy Corporation

    Murray Energy CEO Robert Murray said there is no scientific analysis to back Obama-era initiatives to ease climate change. There is.