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Oil and Gas Coal and Consumable Fuels

  • BEIJING, Nov 14- China's October coal output fell 12 percent compared with a year earlier, data showed on Monday, even after the government gave operators the go-ahead to ramp up output and reopen mines in a bid to top up power producers' inventories ahead of winter. For the first 10 months of the year so far, China produced 2.74 billion tonnes of coal, down 11 percent...

  • BEIJING, Nov 14- China's coal production fell 12 percent on year to 281.85 million tonnes, the National Bureau of Statistics said on Monday.

  • *China CESCO industry week in Shanghai next week. MELBOURNE, Nov 11- London copper stretched a week of frenzied gains into Friday, stampeding towards its strongest weekly close since 1980 after Donald Trump's surprise U.S. election victory set off a fierce round of fund buying backed by a view of improving fundamentals. Gains came amid a widespread rally in steel,...

  • *China demand seen around 5-7 pct for 2016- Citi. MELBOURNE, Nov 11- London copper was on track for its biggest weekly rally in over 35 years on Friday as hopes of U.S. infrastructure spending on Donald Trump's election win and firming demand from China drag metals out of a years-long bear market. Copper has been pushed higher by a surge in China steel and coal prices, as...

  • *Beijing has been fighting to cool surging coal prices. BEIJING, Nov 11- Unprecedented steps by Beijing to snuff out a months-long rally in coal prices are casting fresh doubts on China's drive to become a global price-setting hub for commodities worth trillions of dollars. Soaring coal markets have sparked a weeks-long effort by China's state economic...

  • LONDON, Nov 10- Donald Trump's election has thrown an apparent lifeline to beleaguered coal producers but he may not be able to do much to revive the fortunes of the industry. The U.S. coal industry has been a victim of the shale revolution and the enormous quantities of cheap gas that have been unleashed by hydraulic fracturing and horizontal drilling.

  • LONDON, Nov 10- Donald Trump's election has thrown an apparent lifeline to beleaguered coal producers but he may not be able to do much to revive the fortunes of the industry. The U.S. coal industry has been a victim of the shale revolution and the enormous quantities of cheap gas that have been unleashed by hydraulic fracturing and horizontal drilling.

  • December 2014 Energy Transfer Partners applies to build a 1,172 mile, 570,000 barrel-per-day pipeline to deliver crude oil from North Dakota's Bakken shale fields to Patoka, Illinois, crossing South Dakota and Iowa to the North Dakota Public Service Commission, kicking off a year of public hearings in the state. July 25 The U.S. Army Corps of Engineers approved...

  • CALGARY, Alberta, Nov 9- Republican Donald Trump's victory in the U.S. presidential election cheered investors in Canadian energy producers eager to revive the stalled drive to approve the controversial Keystone XL pipeline, giving oil sands crude better access to U.S. markets. In May, Trump said that if elected, he would "100 percent" approve Keystone XL, which...

  • A bulldozer moves coal that will be burned to generate electricity at the American Electric Power coal-fired power plant in Winfield, West Virginia.

    Donald Trump could easily unwind President Barack Obama's key climate change initiatives by ordering regulators to stand down.

  • *Deals start as soon as Dec. 1- NDRC official. BEIJING, Nov 9- China's state economic planner said two of the nation's top coal mines signed long-term supply contracts with utilities at a quarter below current spot market rates, as the government ramps up its efforts to cool the red-hot market. Shenhua Energy Co and ChinaCoal Energy Co agreed to sell their coal at 535...

  • *Deals start as soon as Dec. 1- NDRC official. BEIJING, Nov 9- China's state economic planner said two of the nation's top coal mines signed long-term supply contracts with utilities at a quarter below current spot market rates, as the government ramps up its efforts to cool the red-hot market. Shenhua Energy Co and ChinaCoal Energy Co agreed to sell their coal at 535...

  • BEIJING, Nov 9- China's state planner said two of the nation's top coal mines had signed long-term supply contracts with utilities at 535 yuan per tonne, a quarter below current spot market rates, as the government ramps up its efforts to cool the red-hot market. Shenhua Energy Co and ChinaCoal Energy Co agreed to the terms for long-term deals which start as soon as...

  • TOKYO, Nov 8- Japan Petroleum Exploration said on Tuesday it plans to delay the launch of its Hangingstone oil sands expansion project in Alberta, Canada, by a few months to mid-2017, a move that also pushes up costs by C $250 million. The oil and gas developer said investment by a subsidiary in the expansion project is set to rise to C $1.5 billion from C $1.25 billion.

  • *Q2 core profit $1.90 bln vs Reuters poll $1.97 bln. BRUSSELS, Nov 8- ArcelorMittal warned of slower earnings this quarter citing higher coal prices and lower U.S. steel prices after the world's largest steel producer missed core third-quarter profit expectations on Tuesday. Prices for Australian premium hard coking coal have surged to $250 per tonne from...

  • TOKYO, Nov 8- Nippon Steel& Sumitomo Metal Corp, the world's third-biggest steelmaker, does not expect coking coal prices to fall any time soon as China's steelmakers maintain high output while the country's coal producers trim supply, an executive said. Prices of coking coal and coke, which typically account for 20 percent of steel production costs, have rallied...

  • Politics & coal mines: CEO

    Robert Murray, Murray Energy CEO, discusses his support of Donald Trump, the importance of low-cost electricity, and provides perspective on the coal industry.

  • *China blast furnaces operating at 4- month low rate- Custeel.com. *Jiangsu Shagang Group suspends a rebar output line- Custeel.com. In Tangshan, a major steel-producing city in China's Hebei province, furnaces were running at 84 percent of capacity last week, versus around 90 percent in August, the data shows.

  • MELBOURNE, Nov 7- Chinese demand for uranium is expected to nearly double to 9,800 tonnes per year by 2020 from the end of 2015, although a near-term supply glut will keep prices depressed, said the head of a unit of state-owned China National Nuclear Corporation. But Wang Ying, chief executive of CNNC International, told the IMARC mining conference in Melbourne,...

  • U.S. shale oil companies, which pump sand into oil wells to make them more efficient, were ravaged by a 2014 global crude glut that hammered prices from more than $100 a barrel to near $26 in February 2016. Silica Holdings Inc of Frederick, Maryland; Southlake, Texas- based Emerge Energy Services LP; and Hi Crush Partners LP in Houston all saw increased business in the...