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Oil and Gas Coal and Consumable Fuels

  • The company's loss from continuing operations was $321.2 million, or $1.42 per share, in the fourth quarter ended Dec. 31, compared with a profit of $45.3 million, or 18 cents per share, in the year-earlier period. Consol said it recorded several one-time charges in the quarter, including a $237 million loss on commodity derivatives. Total revenue and other income...

  • LAUNCESTON, Australia, Jan 30- India has surrendered its status as the world's top importer of coal back to China, with its overseas purchases in 2016 falling to less than 200 million tonnes. India's coal imports last year totalled 194.93 million tonnes, according to vessel-tracking and port data compiled by Thomson Reuters Supply Chain and Commodity...

  • ST. LOUIS, Jan 26- Peabody Energy Corp, the world's largest private-sector coal miner, can begin seeking creditor votes for a plan to cut $5 billion of debt and exit its Chapter 11 bankruptcy, a U.S. bankruptcy judge said on Thursday. Peabody has said it hopes to emerge from its $8 billion bankruptcy in April with a plan that will raise what lawyers called "a monster" $1.5...

  • ST. LOUIS, Jan 26- Peabody Energy Corp, the world's largest private-sector coal miner, can begin seeking creditor votes for a plan to cut $5 billion of debt and exit its Chapter 11 bankruptcy, a U.S. bankruptcy judge said on Thursday. Peabody has said it hopes to emerge from its $8 billion bankruptcy in April with a plan that will raise $1.5 billion in private capital...

  • ST. LOUIS, Jan 26- Peabody Energy Corp, the world's largest private-sector coal miner, defended its bankruptcy exit plan in court on Thursday against opponents including state regulators, shareholders, environmental activists and even former executives. Bankruptcy Judge Barry Schermer for permission to begin seeking creditor votes on its plan to slash $5...

  • ST. LOUIS, Jan 26- Peabody Energy Corp, the world's largest private-sector coal miner, squares off in court on Thursday against opponents of its reorganization plan, including state regulators, shareholders, environmental activists and even former executives. Bankruptcy Judge Barry Schermer for approval to begin seeking creditor votes on its plan to slash $5...

  • The 1,179- mile Keystone XL pipeline would move 830,000 barrels per day of oil sands crude from Hardisty, Alberta, across the U.S. border to Steele City, Nebraska, where it would connect with a previously approved line. The $8 billion project is backed by TransCanada, Canada's No. 2 pipeline company. Refiners on the Gulf Coast want the line to supply them with heavy...

  • The U.S. Army Corps of Engineers in December turned down the request for an easement for the Dakota Access Pipeline to build under the Missouri River. December 2014 Energy Transfer Partners LP applies to the North Dakota Public Service Commission to build a 1,172- mile, 570,000- barrel-per-day pipeline to deliver crude oil from North Dakota's Bakken shale...

  • TORONTO, Jan 24- Canada's main stock index rose on Tuesday as energy stocks broadly gained with higher oil prices and as TransCanada Corp got a boost from signs its Keystone XL pipeline could yet move forward. If the pipeline is approved, it could provide a conduit for additional crude production in Canada's oil sands. Suncor Energy Inc, Canada's largest oil and...

  • Jan 24- Hong Kong stocks rose on Tuesday, led by a solid resources sector as a weaker U.S currency stemming from President Donald Trump's protectionist stance reduces costs to firms for raw materials imports. Shares of Shenhua Energy Co Ltd and Yanzhou Coal Mining Company Limited climbed about 2.5 percent and 5.4 percent respectively. Linus Yip, strategist at...

  • LONDON, Jan 23- The number of rigs drilling for oil and gas in the United States has recorded the largest one-week increase for over five years, confirming a rapid upturn is now underway. But there is no denying a rapid and sustained upturn is now underway which could pose challenges for the Organization of the Petroleum Exporting Countries and for shale drillers...

  • CHICAGO, Jan 23- Peabody Energy Corp's plan to emerge from Chapter 11 bankruptcy faces a "material risk" that the U.S. coal producer could suffer a $1 billion revenue loss due to a disputed lease at the world's largest coal mine, according to an objection filed to its reorganization plan. Oil and gas driller Berenergy Corp and Peabody hold overlapping federal...

  • LONDON, Jan 23- The number of rigs drilling for oil and gas in the United States has recorded the largest one-week increase for over five years, confirming a rapid upturn is now underway. But there is no denying a rapid and sustained upturn is now underway which could pose challenges for the Organization of the Petroleum Exporting Countries and for shale drillers...

  • Jan 20- U.S. energy companies this week added the most oil rigs in nearly four years, extending an eight-month recovery as drillers take advantage of a deal by OPEC to cut supplies that has boosted prices over $50 a barrel since early December. Almost two-thirds of the rigs added since May were in the Permian basin, the nation's biggest shale oil formation located...

  • Electrical towers

    Electric power utilities passed a significant milestone in carbon emissions last year.

  • BEIJING, Jan 20- China's December coal output rose 1 percent from November to hit its highest level in a year, as miners ramped up output to meet government orders amid increased demand from utilities during the cold winter months, data showed on Friday. Notching up a third straight monthly increase, miners produced 311 million tonnes of coal, the National Bureau...

  • BEIJING, Jan 20- China's December coal output rose 1 percent from November to hit its highest level in a year, as miners cranked out more product to meet government orders amid increased demand from utilities during the cold winter months, data showed on Friday. Notching up a third straight monthly increase, miners produced 311 million tonnes of coal, the National...

  • LONDON, Jan 19- Two groups of Church of England advisers have cautiously endorsed fracking for shale gas in the United Kingdom provided it does not conflict with climate change policy and robust regulations are put in place. "The government's public commitment to reducing the UK's carbon emissions... provides a context which should ensure that shale gas is not...

  • Donald Trump holds a sign supporting coal during a rally at Mohegan Sun Arena in Wilkes-Barre, Pennsylvania, on October 10, 2016.

    Market watchers anticipating drastic changes in energy regulations under Donald Trump should temper their expectations, Kevin Book says.

  • ST. LOUIS, Jan 19- Peabody Energy Corp, the world's largest private-sector coal producer, is squaring off in court with shareholders who claim their stock should not be wiped out in the company's $8 billion Chapter 11 bankruptcy, given a rise in prices for the fuel. Shareholders led by hedge fund Mangrove Partners hope to prove at a hearing in St. Louis on Thursday...