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Oil and Gas Coal and Consumable Fuels

  • Massachusetts Governor Charlie Baker, second from left, and GE chairman and former CEO Jeff Immelt, at podium, break ground for new GE headquarters. May 8, 2017

    Massachusetts had the most impressive jump, while Wyoming suffered the biggest drop, in the 2017 CNBC Top States for Business ranking.

  • ISTANBUL, July 11- The U.S. shale drilling boom is likely to ease next year as demand on the industry's service sector is unsustainable, Halliburton's business development head said on Tuesday. The number of rigs drilling for oil in the United States rose to 763 last week, the highest in more than two years, showing that despite oil trading below $50 a barrel, shale...

  • *Low-enriched uranium bank to open in Kazakhstan. OSKEMEN, Kazakhstan, July 11- The U.N. global nuclear watchdog is about to open a uranium bank in the Central Asian state of Kazakhstan, but it may never have any customers. The International Atomic Energy Agency's goal now is the same as Washington's 23 years ago as it prepares for next month's launch of its Low...

  • *Low-enriched uranium bank to open in Kazakhstan. OSKEMEN, Kazakhstan, July 11- The U.N. global nuclear watchdog is about to open a uranium bank in the Central Asian state of Kazakhstan, but it may never have any customers. The International Atomic Energy Agency's goal now is the same as Washington's 23 years ago as it prepares for next month's launch of its Low...

  • *Low-enriched uranium bank to open in Kazakhstan. OSKEMEN, Kazakhstan, July 11- The U.N. global nuclear watchdog is about to open a uranium bank in the Central Asian state of Kazakhstan, but it may never have any customers. The International Atomic Energy Agency's goal now is the same as Washington's 23 years ago as it prepares for next month's launch of its Low...

  • *Low-enriched uranium bank to open in Kazakhstan. OSKEMEN, Kazakhstan, July 11- The U.N. global nuclear watchdog is about to open a uranium bank in the Central Asian state of Kazakhstan, but it may never have any customers. The International Atomic Energy Agency's goal now is the same as Washington's 23 years ago as it prepares for next month's launch of its Low...

  • CALGARY, Alberta, July 10- A small fire broke out in a sulfur emissions reduction unit at the Syncrude oil sands plant in northern Alberta on Monday morning and was extinguished within two hours with no injuries to workers, a Syncrude spokesman said. Monday's fire, which started just before 9 a.m. local time and was extinguished by 10:21 a.m., comes after a much...

  • LONDON, July 7- U.S. independent oil and gas producers came close to breaking even during the first quarter of 2017 thanks to aggressive cost cutting and improvements in well productivity. Some shale producers claim they can drill wells profitably at prices well below $50 per barrel and in some cases below $40. But Harold Hamm, chief executive of Continental...

  • LONDON, July 7- U.S. independent oil and gas producers came close to breaking even during the first quarter of 2017 thanks to aggressive cost cutting and improvements in well productivity. Some shale producers claim they can drill wells profitably at prices well below $50 per barrel and in some cases below $40. But Harold Hamm, chief executive of Continental...

  • In early Friday trade, shares of troubled commodity trader Noble Group retraced a bit of their more than 36 percent surge on Thursday.

  • *Graphic of China seaborne coal imports: http://reut.rs/2tTdFjS. LAUNCESTON, Australia, July 6- Thermal coal prices in Asia have had a strong run recently, amid Chinese demand and supply disruptions in major exporters, but these factors point to a temporary boost rather than any structural change. The strong gains appear justified by supply and demand...

  • *Graphic of China seaborne coal imports: http://reut.rs/2tTdFjS. LAUNCESTON, Australia, July 6- Thermal coal prices in Asia have had a strong run recently, amid Chinese demand and supply disruptions in major exporters, but these factors point to a temporary boost rather than any structural change. The strong gains appear justified by supply and demand...

  • Chinese residents wear masks for protection as smoke billows from stacks in Shanxi, China.

    China's efforts to clean up air quality are bearing fruit as dirty coal use likely dropped 40 percent over the past five years, a report said.

  • *Torrential rain in China forces hydro stations to cut output. Dam restrictions in China following excessive rains are also reducing hydropower capacity there, including at the world's biggest power station, forcing utilities to ramp up output at coal-fired utilities. Deutsche Bank said in a note that the climb in coal prices came on the back of factors...

  • HARARE, June 30- Zimbabwe coal producer Hwange Colliery expects to return to profit in the second half, for the first time since the country dumped its currency for the U.S. dollar in 2009, as it triples output, its chairman said. Hwange, in which the government is the biggest shareholder with a 37 percent stake, is Zimbabwe's second-largest coal producer and...

  • President Trump puts energy in the spotlight as key industry members gather in Washington

    CNBC's Eamon Javers highlights President Trump's remarks during D.C.'s Energy Week.

  • President Donald Trump delivers remarks during an 'Unleashing American Energy' event at the Department of Energy in Washington, U.S., June 29, 2017.

    President Donald Trump on Thursday announced a number of energy initiatives, including a review of U.S. nuclear energy policy.

  • Trump jabbed at media, Mexican wall in energy remarks

    CNBC's Eamon Javers reacts to President Trump's energy remarks about bringing back coal jobs, a pipeline into Mexico, and Deputy Sarah Huckabee Sanders defense on Trump's tweet.

  • Withdrawal from Paris agreement doesn't make sense: Former Sec. of Interior Ken Salazar

    Ken Salazar, former U.S. Secretary of the Interior and former Colorado senator, discusses Energy Week in Washington, D.C. and President Trump's policy on fossil fuels.

  • 'Coal will stay for the next 2 or 3 decades'

    Demand for renewable energy is increasing, but it will prove difficult to remove coal from the energy mix, says Deepak Kannan of S&P Global Platts.