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Oil and Gas Coal and Consumable Fuels

  • *Economics of shale gas in UK unclear- UK Energy Research Centre. LONDON, Oct 6- Britain's government approved its second-ever shale gas fracking permit on Thursday, overruling a local authority decision and boosting the country's position as Europe's most promising shale gas exploration ground. Britain's Secretary of State for Communities and Local...

  • *Economics of shale gas in UK unclear- UK Energy Research Centre. LONDON, Oct 6- Britain's government approved its second-ever shale gas fracking permit on Thursday, overruling a local authority decision and boosting the country's position as Europe's most promising shale gas exploration ground. Britain's Secretary of State for Communities and Local...

  • LONDON, Oct 6- The British government approved a new shale gas fracking permit on Thursday, overruling a local authority decision and boosting Britain's position as Europe's most promising shale gas exploration ground. Britain's Secretary of State for Communities and Local Government Sajid Javid gave the go-ahead for shale gas company Cuadrilla to carry...

  • Britain's Department for Communities and Local Government said it was also minded to approve the second permit but has asked for further evidence on road safety. Soon after, Britain gave its communities minister power to directly approve shale gas permits. Britain is estimated to have substantial amounts of shale gas trapped in underground rocks and the...

  • BRIEF-CUADRILLA SAYS UK APPROVES ONE, NEEDS MORE TIME ON. SECOND SHALE GAS PERMIT@ permit@. *Cuadrilla says uk government approves one of two shale gas fracking permits.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • Coal stocks heating up?

    The "Fast Money" traders discuss the trade on coal stocks amid soaring shares of Cloud Peak Energy, Consol Energy and NRP.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • But coal is still the world's second primary fuel after oil, according to the International Energy Agency. The price recovery is a boon for mining companies, such as Whitehaven Coal, Rio Tinto, and Glencore, and stands in sharp contrast to forecasts by Goldman Sachs and the International Energy Agency, who have said coal is in terminal decline.

  • SINGAPORE/ LONDON, Oct 4- Physical thermal coal prices hit their highest level since the start of 2014 on Tuesday after tougher Chinese transport rules raised freight costs, adding to the earlier impact of Chinese caps on mining. The biggest impact has been on Australian coal, the main price benchmark for the Asia/Pacific region, and a core supplier to China.

  • SINGAPORE/ LONDON, Oct 4- Physical thermal coal prices have jumped to fresh two-and-a-half year highs as stricter rules in China for transporting the world's most important power generation fuel add to the impact of earlier Chinese caps on coal mining. Prices were given a further boost in late September when China's Transport Ministry introduced stricter...

  • SINGAPORE, Oct 4- Key thermal coal prices have jumped to fresh two-and-a-half year highs as stricter rules in China for transporting the world's most important power generation fuel add to the impact of earlier Chinese caps on coal mining. Prices were given a further boost in late September when China's Transport Ministry introduced stricter land transport...

  • Several other countries including Germany announced plans to exit nuclear, and in the past three years several nuclear reactors in the United States were closed as they could no longer compete with cheap shale gas. Five years later, only three of Japan's 42 reactors are back in operation but new reactors brought online in China and other countries have partly...

  • BRUSSELS, Sept 30- U.S. shale gas will displace a growing portion of the world's expanding energy demand, cutting into the need for oil products from refineries, BP's head of refining economics said on Friday. Natural gas liquids from the U.S. shale boom such as ethane, an alternative to naphtha refined from crude, could feed as much as a third of demand growth in 2017,...

  • NEW YORK, Sept 30- On a routine check of a surface coal mining facility in rural Alabama early this month, inspector Randall Aldridge first smelled gasoline. Then he saw dead plants and animals along a man-made pond that helps the region manage heavy rain. Aldridge happened upon a leak on the main fuel artery to the U.S. East Coast known as the Colonial Pipeline, in...

  • *Japan nuclear industry hobbled by shutdowns after Fukushima. TOKYO, Sept 29- Three Japanese conglomerates are in talks to combine their loss-making domestic nuclear fuel operations, people with direct knowledge of the matter said, as the outlook for restarts of reactors following the Fukushima nuclear crisis remains bleak. Only three of Japan's 42 reactors...

  • HOUSTON, Sept 29- It was a moment U.S. shale oil producers have been waiting on for more than two years: OPEC nations finally agreed to cut production on Wednesday in a move that lifted low prices ravaging their budgets. U.S. benchmark crude rose more than 5 percent to $47 a barrel on the news, pending final details about the cut, which won't be known until after another...

  • HOUSTON, Sept 29- It was a moment U.S. shale oil producers have been waiting on for more than two years: OPEC nations finally agreed to cut production on Wednesday in a move that lifted low prices ravaging their budgets. U.S. benchmark crude rose more than 5 percent to $47 a barrel on the news, pending final details about the cut, which won't be known until after another...