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Oil and Gas Coal and Consumable Fuels

  • NEW YORK— Coal company Murray Energy has sued HBO and its Sunday-night host, John Oliver, for what it says was a "false and malicious broadcast" last Sunday evening. He ribbed Murray Energy's CEO Robert Murray, who blames regulatory efforts by the Obama administration for damaging the coal industry. The Ohio company sued the comedian Wednesday afternoon in...

  • HOUSTON, June 21- Crude oil's bear market is highlighting the haves and have nots among U.S. shale producers, with the stronger promising to keep pumping even as prospects dim for some of their financially strapped peers. Crude prices have dropped more than 20 percent since late February, in part because of rising U.S. shale production that is offsetting OPEC's...

  • HOUSTON, June 21- Crude oil's bear market is highlighting the haves and have nots among U.S. shale producers, with the stronger promising to keep pumping even as prospects dim for some of their financially strapped peers. Crude prices have dropped more than 20 percent since late February, in part because of rising U.S. shale production that is offsetting OPEC's...

  • OKLAHOMA CITY— Officials from Oklahoma and more than a dozen other states have sent two letters to California's insurance commissioner, asking that he stop pressing insurance companies to publicly disclose fossil fuel investments and divest from the coal industry, saying it only confuses consumers and unnecessarily brings politics into the insurance...

  • *Projects include Gulf of Mexico, Argentine shale gas. Instead, chief executive Patrick Pouyanne told Reuters he can find an edge over rivals by going after cheaper reserves elsewhere, including from shale in Argentina and deepwater wells in the Gulf of Mexico, as well as through new gas technology. "Shale oil is too expensive," said Pouyanne, who has clinched...

  • NEW YORK, June 21- Mylan N.V. is best known for producing EpiPen emergency allergy treatments and generic drugs. These refined coal credits were approved by Congress in 2004 in order to incentivize companies to fund production of cleaner coal. Mylan is one of only a few public companies, and the only publicly-traded pharmaceutical maker, that uses these tax...

  • SYDNEY/ LONDON, June 20- Rio Tinto selected Yancoal on Tuesday to buy its Coal& Allied division in Australia for $2.45 billion, surprising commodities trading giant Glencore, which had put in a higher bid. Glencore offered $2.55 billion cash this month for Rio's coal mines in the Hunter Valley region of New South Wales, beating a previous offer from Yancoal, which is...

  • SYDNEY/ LONDON, June 20- Rio Tinto selected Yancoal on Tuesday to buy its Coal& Allied division in Australia for $2.45 billion, surprising commodities trading giant Glencore which had put in a higher bid. Earlier this month, Glencore offered $2.55 billion cash for Rio's coal mines in the Hunter Valley region of New South Wales, beating a previous offer from Yancoal,...

  • CALGARY, Alberta/ HOUSTON, June 19- In the boreal forests and on the remote prairies of Alberta, a handful of firms are running pilot projects they hope will end a two-decade drought in innovation and stem the exodus of top global energy firms from Canada's oil sands. Canada's oil sands sector has become one of the biggest victims of the global oil price crash that...

  • Incoming Energy Secretary Rick Perry (R) gives a double thumbs up during the Inaugural Parade for U.S. President Donald J. Trump January 20, 2017 in Washington, DC.

    Rick Perry, U.S. secretary of Energy, talks about the renaissance in America's energy industry, and investing in research and development.

  • Sec. Perrry: Trump wants US to be 'energy dominant'

    Rick Perry, U.S. secretary of Energy, talks about American's energy strategy.

  • PITTSBURGH— EQT Corp. is merging with Rice Energy Inc. in a deal that combines two of western Pennsylvania's largest natural gas-drilling firms. The deal announce Monday will see EQT buy all outstanding shares of Rice common stock for about $6.7 billion, and assume $1.5 billion in net debt and preferred equity. EQT's president and chief executive officer,...

  • CALGARY, Alberta/ HOUSTON, June 19- In the boreal forests and on the remote prairies of Alberta, a handful of firms are running pilot projects they hope will end a two-decade drought in innovation and stem the exodus of top global energy firms from Canada's oil sands. Canada's oil sands sector has become one of the biggest victims of the global oil price crash that...

  • CALGARY, Alberta, June 16- Canada's oil sands need more emissions-cutting measures and monitoring, an official panel said on Friday in recommendations that could potentially raise costs in a high-cost region that international players have increasingly abandoned. The report from the Oil Sands Advisory Group of the Alberta province, which lays out the...

  • Workers unload coal at a storage site along a railway station in Hefei, Anhui province.

    The coal binge, especially in China, is winding down, Vox reports.

  • *Despite pledge, OPEC and Russian oil supplies remain high. SINGAPORE, June 16- Oil prices edged up on Friday but remained near six-month lows, held down by an ongoing supply overhang that persists despite an OPEC- led effort to cut production and prop up crude markets. Rising U.S. oil output, particularly from shale drillers, is contributing to the ineffectiveness...

  • *Despite pledge, OPEC and Russian oil supplies remain high. SINGAPORE, June 16- Oil prices edged up on Friday but remained near six-month lows, held down by an ongoing supply overhang that persists despite an OPEC- led effort to cut production and prop up crude markets. Rising U.S. oil output, particularly from shale drillers, is contributing to the ineffectiveness...

  • LONDON, June 15- Some U.S. shale producers claim they can produce oil profitably with prices well below $50 per barrel or even $45 per barrel; the oil market is likely to put those claims to the test. As a result, U.S. shale producers together with other non- OPEC suppliers are expected to capture all of the increase in global oil demand in 2018 and raise their share of the...

  • The new coal jobs the Trump team is touting might not actually exist

    The Trump administration has pointed to labor statistics to suggest the president's energy policy is already bearing fruit.

  • Coal miners in Beallsville, Ohio.

    The Trump administration is using preliminary estimates to claim coal mining jobs are being created, against federal statisticians' advice.