Oil and Gas Coal and Consumable Fuels

  • TORONTO, July 29- Canada's main stock index fell on Friday as economic data and energy earnings highlighted the damage done by a massive wildfire that hit oil sands production starting in May, with the index headed for its first weekly decline since mid-June. Both companies reported earnings that were negatively impacted by massive wildfires in northern...

  • HOUSTON, July 28- Improved fracking techniques have helped cut Pioneer Natural Resources Co's production costs in the Permian Basin to about $2 a barrel, low enough to compete with oil rival Saudi Arabia, CEO Scott Sheffield said on Thursday. The comments from Sheffield, who is retiring soon, were perhaps the most concrete sign yet that the fittest U.S. shale oil...

  • July 28- Cameco Corp, the world's No.2 uranium producer, reported a surprise quarterly loss due to weak uranium demand and prices, sending its shares down 7 percent to touching a nearly 12- year low of C $12.87. The company reported a net loss attributable to shareholders of C $137 million, or 35 Canadian cents per share, for the quarter ended June 30.

  • *2nd- qtr profit C $0.01/ shr; est. Teck, the largest producer of steelmaking coal in North America, said on Thursday its operating costs fell 15 percent to C $691 million in the second quarter. "While the commodity cycle continues to be challenging, we are starting to see some positive changes in the direction of zinc and steelmaking coal prices," Chief Executive Don...

  • MEG, whose key operations are in the Athabasca oil sands region of Alberta, said cash flow from operations fell about 93 percent to C $7 million, hurt by lower bitumen prices due to a decline in U.S. benchmark crude prices. MEG also reduced its non-energy operating costs in 2016 to a range of C $6.00 to C $7.00 per barrel from an earlier forecast of C $6.75 to C $7.75 per...

  • TOKYO, July 27- Japan's Itochu Corp became the target of short-seller Glaucus Research Group on Wednesday with a report criticising the trading company's accounting practices, sending its shares tumbling as much as 10 percent. The report highlighted Itochu's investments in a Colombian coal mining joint venture and China's CITIC Ltd, arguing that the...

  • SINGAPORE, July 27- Coal prices in 2016 have regained their footing above the psychological threshold of $50, leaving the oil industry wondering when crude prices will return to form. Starting June 1, benchmark API2 coal futures in Rotterdam have rallied 20 percent to around $60 a tonne, the highest in a year, while Asia benchmark API4 futures have climbed 15.6...

  • TOKYO, July 27- Japan's Itochu Corp became the target of short-seller Glaucus Research Group on Wednesday with a report criticising the trading company's accounting practices, sending its shares tumbling as much as 10 percent. The report highlighted Itochu's investments in a Colombian coal mining joint venture and China's CITIC Ltd, arguing that the...

  • BEIJING, July 26- China's top steelmaking province Hebei plans to cut more than 31 million tonnes of combined iron and steel production capacity in 2016, the official Xinhua news agency reported on Tuesday. Xinhua said the province planned to cut iron making capacity by 17.26 million tonnes, and reduce 14.22 million tonnes of steel making capacity by the end of...

  • A Union Pacific employee closes the entry door on a rail car at the company's facility at the Port of Oakland in Oakland, California.

    Union Pacific stocks dropped more than 2 percent after reporting a 12 percent decline in operating revenue for its second quarter.

  • Union Pacific: Bullish on coal

    Union Pacific CEO Lance Fritz, discusses freight volume levels, and his confidence in coal's "place in electricity generation long-term."

  • What is Trump's energy policy?

    Donald Hoffman, EXCEL Services Corp. CEO, discusses Donald Trump's position on coal and energy policies.

  • Trump & energy production in America

    "The people I talk to are worried about the future of America," explains Trump campaign supporter and Continental Resources Director John McNabb, from the Republican National Convention.

  • Southern Co., Kinder Morgan agree to pipe venture

    Thomas Fanning, Southern Company Chairman, President & CEO, discusses the pipe venture between Southern Company and Kinder Morgan and possible technology that has promise for responsible coal combustion.

  • Li Keqiang SOTs

    China's Premier Li Keqiang takes questions from KPMG's John Veihmeyer about capital market reforms and Alcoa's Klaus Kleinfeld on steel and coal overcapacity.

  • No correlation between oil and renewable energy: Enel CEO

    The correlation between oil, gas and coal is weakening, says Francesco Starace, Enel Group CEO, discussing the company's mission to generate more renewable energy to meet the world's energy needs.

  • There's finally light at the end of the tunnel for the mining industry.

    Mining industry sentiment has finally started to improve, after several years of gloom amid a commodity price slump.

  • Australia Mining

    Most Australian miners believe that commodity prices have bottomed out and will head up, says Newport Consulting's David Hand.

  • Mad Money 2

    Mad Money host Jim Cramer discusses news natural gas is surpassing coal for electricity used in the U.S.

  • China: A leader in low-emission coal technology

    World Coal Association CEO, Benjamin Sporton explains why coal is still important for developing economies, while commenting on low-emission coal technology.