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Oil and Gas Coal and Consumable Fuels

  • President Donald Trump is likely to sign an executive order next week that lifts a ban on new federal coal mining leases and starts the process of killing other Obama-era initiatives to combat global climate change, a White House official said. "Rescinding federal coal leasing moratorium is part of that executive order, which has lots of different components,...

  • JOHANNESBURG, March 1- Thousands of coal truck drivers descended on South Africa's capital Pretoria on Wednesday to protest against the country's renewable energy programme, after President Jacob Zuma expressed support for the sector last month. Coal is used to generate the lion's share of South Africa's power supply and job cuts are a particularly thorny...

  • *Graphic of China's coal imports: http://tmsnrt.rs/2lj1BS0. Teck has the ability to add to its output, but is waiting for the steel industry in India to take off, as well as watching policy developments in China. China remains key for the outlook for coking coal, with policy decisions likely to drive both short- and medium-term prices.

  • *Graphic of China's coal imports: http://tmsnrt.rs/2lj1BS0. Teck has the ability to add to its output, but is waiting for the steel industry in India to take off, as well as watching policy developments in China. China remains key for the outlook for coking coal, with policy decisions likely to drive both short- and medium-term prices.

  • BEIJING, March 1- China's Sinopec Corp has started building a base for research into shale gas near its largest commercial discovery of the fuel, an industry website reported on Wednesday. The company, looking to cement its position as China's leading shale gas developer, plans to spend 339 million yuan building the facility near its Fuling shale project near...

  • CALGARY, Alberta, Feb 24- Canada's energy sector has fallen out of favor with international oil majors, who are scaling back ambitions and walking away from reserves in the ground there to focus on lower-cost and higher-margin opportunities elsewhere. Billion-dollar bets on Canada's oil sands went sour this week for Exxon Mobil Corp and Conoco Phillips.

  • CALGARY, Alberta, Feb 24- Canada's energy sector has fallen out of favor with international oil majors, who are scaling back ambitions and walking away from reserves in the ground there to focus on lower-cost and higher-margin opportunities elsewhere. Billion-dollar bets on Canada's oil sands went sour this week for Exxon Mobil Corp and Conoco Phillips.

  • BEIJING, Feb 24- China's securities industry association plans to revise rules on private bond sales to restrict issuance of them by property developers, steelmakers and coal producers, two sources with direct knowledge of the plan told Reuters on Friday. Under the revised rules, getting drafted by the Securities Association of China, property developers who...

  • CALGARY, Alberta, Feb 23- Most oil and gas firms in Canada's oil-rich Alberta, which cut costs following the crude crash in 2014, are looking to run even leaner, according to the author of a report from professional services firm EY released on Thursday. The western province of Alberta is home to Canada's vast oil sands deposits and is the top exporter of crude to the...

  • SYDNEY, Feb 23- The first attempt at an acquisition by Australia's South32 following its spinoff from BHP Billiton has raised competition concerns over control of the local coking coal market. Australia's chief competition regulator on Thursday said it was concerned South32's proposed $200 million acquisition of Peabody Energy's Metropolitan colliery...

  • A dump truck travels through the open pit at the Tavan Tolgoi coal deposit on Tsogtsetsii, Ömnögovi Province, Mongolia, on Friday, July 22, 2016.

    Coal miners operating in Mongolia are betting on China's massive "One Belt, One Road" program to access new markets.

  • The outlook for coal prices

    David Paull, MD of Aspire Mining, says commodity prices are driving the investment propositions for Mongolia.

  • SYDNEY, Feb 23- The first attempt at an acquisition by Australia's South32 following its spinoff from BHP Billiton has raised competition concerns with regulators over control of the domestic coking coal market. Australia's chief competition regulator on Thursday said it was concerned South32's proposed $200 million acquisition of Peabody Energy's...

  • CALGARY, Alberta, Feb 22- U.S. oil major Exxon Mobil Corp has revised down its proved crude reserves by 3.3 billion barrels of oil equivalent as a result of low oil prices throughout 2016, a company filing showed on Wednesday. The de-booking includes the entire 3.5 billion barrels of bitumen reserves at the Kearl oil sands project in northern Alberta, operated by...

  • KIEV, Feb 22- The Ukrainian central bank will take "anti-crisis measures" if a rail blockade in Ukraine's war-torn east continues, resulting in lost foreign exchange earnings, the head of the regulator told Reuters. On Monday, Ukraine's largest steel producer, Metinvest, said the blockade had forced it to halt production temporarily at one of its mills and several...

  • CALGARY, Alberta, Feb 21- ConocoPhillips Corp has revised down over a billion barrels of oil sands reserves because of low global crude prices, a company filing showed on Tuesday, the latest sign that some of Canada's vast hydrocarbon potential may be left untapped. Likewise Martin King, an analyst with GMP FirstEnergy in Calgary, said the debooking likely had...

  • CALGARY, Alberta, Feb 21- ConocoPhillips Corp has revised down over a billion barrels of oil sands reserves because of low global crude prices, a company filing showed on Tuesday, the latest sign that some of Canada's vast hydrocarbon potential may be left untapped. Likewise Martin King, an analyst with GMP FirstEnergy in Calgary, said the debooking likely had...

  • Broughton: If you look at the strength of the dollar it has historically led to lower rail volume

    Donald Broughton, Managing Director at Avondale Partners, has a “sell” rating on Norfolk Southern stock and tells viewers why.

  • President Donald Trump will reverse a handful of Obama-era environmental regulations in executive orders that could be signed as early as this week, the Washington Post reported, citing unnamed sources with knowledge of the orders. The orders will instruct the Department of the Interior to lift a ban on new coal mining leases on federal lands and will...

  • President Donald Trump will reverse a handful of Obama-era environmental regulations in executive orders that could be signed as early as this week, the Washington Post reported on Tuesday, citing unnamed sources with knowledge of the orders. The orders will instruct the Department of the Interior to lift a ban on new coal mining leases on federal lands and...