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Oil and Gas Coal and Consumable Fuels

  • March 16- A U.S. bankruptcy judge said on Thursday he would approve a plan by Peabody Energy Corp, the world's largest private sector coal producer, to exit Chapter 11 bankruptcy subject to discussions with the U.S. Department of Justice.

  • CALGARY, Alberta, March 16- The fire at Syncrude Canada's oil sands plant in northern Alberta was extinguished on Thursday morning, the company said in a statement, as parts of the mining and upgrading facility ran at reduced rates. Syncrude said crews were still working to fully isolate the affected area of the Mildred Lake upgrader to allow safe entry to assess...

  • CALGARY, Alberta, March 16- The fire at Syncrude Canada's oil sands plant in northern Alberta was extinguished on Thursday morning, the company said in a statement, as parts of the mining and upgrading facility ran at reduced rates. Syncrude said crews were still working to fully isolate the affected area of the Mildred Lake upgrader to allow safe entry to assess...

  • LAUNCESTON, Australia, March 16- What's more important? Recent media reports have highlighted that Coal India Ltd, the state-owned behemoth that's the world's largest miner of the fuel, will likely miss its target of producing 598 million tonnes in the fiscal year ending March 31. "CIL may miss by 20 million tonnes and it should be between 570-578 million tonnes,"...

  • CALGARY, Alberta, March 15- Several crude bitumen processing upgrader units at Syncrude Canada's oil sands plant in Alberta were shut or running at minimized rates on Wednesday as a fire continued to burn for a second day, the company said. Mining and extraction of bitumen at Syncrude's Mildred Lake and Aurora sites are also being paced to balance the resulting...

  • CALGARY, Alberta, March 15- A fire continued to burn for a second day on Wednesday at Syncrude Canada's oil sands site in northern Alberta, but the blaze was "isolated and controlled" and most workers had returned to the plant, a company spokesman said. The company plans to do a complete damage assessment of the 350,000 barrel-per-day Mildred Lake upgrading...

  • CALGARY, Alberta, March 14- One worker was injured in a fire at the Syncrude oil sand plant in northern Alberta on Tuesday, which emergency crews got under control roughly four hours after it started, a company spokesman said. Syncrude is situated about 40 kilometers north of the oil sands hub of Fort McMurray. The injured worker is in a serious but stable condition,...

  • CALGARY, Alberta, March 15- The "vast majority" of workers at Syncrude's oil sands plant in northern Alberta returned to work on Wednesday after a fire the previous day, according to a company spokesman, as synthetic crude prices jumped on uncertainty over the production impact. Access to the 350,000- barrel-per-day Mildred Lake upgrading facility, however, was...

  • CALGARY, Alberta, March 15- The "vast majority" of workers at Syncrude's oil sands plant in northern Alberta had returned to work on Wednesday after a fire the previous day, according to a company spokesman who declined to say whether production at the facility had been affected. Access to the 350,000- barrel-per-day Mildred Lake upgrading facility, however, was...

  • CALGARY, Alberta, March 15- The "vast majority" of workers at Syncrude's oil sands plant in northern Alberta had returned to work on Wednesday after a fire the previous day, said a company spokesman who declined to say whether production at the facility had been affected. Access to the 350,000- barrel-per-day Mildred Lake upgrading facility, however, was still...

  • Fuel standards review 'proof positive' of Trump's committment to auto industry: Nardelli

    Robert Nardelli, XLR-8 founder & CEO and former CEO of Chrysler and Home Depot, discusses President Trump's impact on the auto industry and the news that the president will re-examine fuel standards.

  • CALGARY, Alberta, March 14- One worker was injured in a fire at the Syncrude oil sand plant in northern Alberta on Tuesday, which emergency crews got under control roughly four hours after it started, a company spokesman said. Syncrude is situated about 40 kilometers north of the oil sands hub of Fort McMurray. The injured worker is in a serious but stable condition,...

  • CALGARY, Alberta, March 14- Emergency crews were battling a fire at the Syncrude oil sands plant in northern Alberta on Tuesday after an explosion rocked the upgrading facility at 2 p.m., police said. Syncrude said one employee had been injured during the incident at the 350,000 barrel per day plant around 40 kilometers north of the oil sands hub of Fort McMurray.

  • CALGARY, Alberta, March 14- Emergency crews were battling a fire at the Syncrude oil sands plant in northern Alberta on Tuesday after an explosion rocked the upgrading facility at around 2 p.m., police said. Syncrude said on Twitter one employee had been injured during the incident at the 350,000 barrel per day plant, around 40 kilometers north of the oil sands hub...

  • CALGARY, Alberta, March 14- Emergency crews were battling a fire at the Syncrude oil sands plant in northern Alberta on Tuesday after an explosion rocked the upgrading facility at around 2 p.m., local police said. A Syncrude spokesman and the Royal Canadian Mounted Police were unable to say whether there were any injuries at the 350,000 barrel per day plant, around...

  • CALGARY, Alberta, March 14- A fire broke out at the Syncrude oil sands plant Mildred Lake upgrader in northern Alberta on Tuesday, a company spokesman said. Syncrude spokesman Will Gibson said access to the site was currently restricted to Syncrude personnel and the company would release more details as they became available. The Royal Canadian Mounted Police...

  • BEIJING, March 14- China's Shanxi province has launched a new campaign against illegal coal mining, according to a document seen by Reuters on Tuesday, as one of China's top producing regions seeks to get tough on cutting overcapacity. Shanxi province accounts for a quarter of China's coal output and has pledged to cut 20 million tonnes of overcapacity this year...

  • An aerial view of chimneys billowing out smoke and steam on December 17, 2016 in Changchun, China.

    China's coal output fell 1.7 percent in the first two months of the year.

  • *Goldman maintains Q2 WTI forecast of $57.50/ bbl. *Russian oil major says U.S. shale growth imperils OPEC deal. NEW YORK, March 13- Oil prices settled a few cents lower on Monday, retracing much of an early retreat to three-month lows in a steep slide that began last week as investors wondered whether swelling U.S. crude supplies would hinder OPEC's efforts to...

  • NEW YORK, March 13- U.S. shale oil production in April was set for its biggest monthly increase since October as output in the Permian Basin, America's fastest growing shale oil region, was expected to hit another record high, government data showed on Monday. Oil production in the Permian Basin in Texas and New Mexico, the largest U.S. shale oil field, was set to rise...