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Oil and Gas Coal and Consumable Fuels

  • JAKARTA/ SINGAPORE, Feb 8- Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world's most important export regions. "The area most affected is getting coal down the Barito River to coastal ports like Taboneo," said one coal barge shipper from Kalimantan, speaking on...

  • JAKARTA/ SINGAPORE, Feb 8- Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world's most important export regions. "The area most affected is getting coal down the Barito River to coastal ports like Taboneo," said one coal barge shipper from Kalimantan, speaking on...

  • JAKARTA/ SINGAPORE, Feb 8- Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world's most important export regions. "The area most affected is getting coal down the Barito River to coastal ports like Taboneo," said one coal barge shipper from Kalimantan, speaking on...

  • DOHA, Feb 8- Higher oil prices may boost shale oil production but the global oil market can accommodate this as demand remains healthy, Qatar's energy minister said on Wednesday. OPEC and non- OPEC producers agreed late last year to cut crude production by a total of 1.8 million barrels per day to help reduce a supply glut that had depressed prices.

  • HOUSTON, Feb 7- U.S. shale oil producer Pioneer Natural Resources Co on Tuesday posted a better-than-expected adjusted quarterly profit helped by cost cuts and rising crude prices. Pioneer said it would spend about $2.8 billion this year due to that improvement, about 8 percent above last year's levels. The company posted a net loss attributable to common...

  • *OPEC- led production cuts support prices. LONDON, Feb 7- Oil prices fell on Tuesday as lower production by OPEC and other exporters was undermined by growing evidence of a revival in U.S. shale production and sluggish demand. But while OPEC and Russia have together cut at least 1.1 million bpd so far, rising U.S. production, as well as signs of slowing demand growth,...

  • *OPEC- led production cuts support prices. LONDON, Feb 7- Oil prices slipped on Tuesday as lower production by OPEC and other exporters was undermined by growing evidence of a revival in U.S. shale production and sluggish demand. But while OPEC and Russia have together cut at least 1.1 million bpd so far, rising U.S. production, as well as signs of slowing demand growth,...

  • *OPEC- led production cuts support prices. LONDON, Feb 7- Oil prices steadied on Tuesday as lower production by OPEC and other exporters balanced growing evidence of a revival in U.S. shale production and sluggish demand. But while OPEC and Russia have together cut at least 1.1 million bpd so far, rising U.S. production, as well as signs of slowing demand growth,...

  • *OPEC- led production cuts support prices. LONDON, Feb 7- Oil prices steadied on Tuesday as lower production by OPEC and other exporters balanced growing evidence of a revival in U.S. shale production and sluggish demand. "The general perception is that OPEC is cutting production, which is supporting prices, but high stock levels, rising rig counts and growing U.S....

  • *OPEC- led production cut is main support for prices. LONDON, Feb 7- Oil prices steadied on Tuesday as lower production by OPEC and other exporters balanced growing evidence of a revival in U.S. shale production and sluggish demand. "The general perception is that OPEC is cutting production, which is supporting prices, but high stock levels, rising rig counts and...

  • CHICAGO, Feb 6- Opponents of Peabody Energy Corp's reorganization plan have filed an emergency appeal against a key piece of the coal producer's proposal they say violates U.S. bankruptcy law by prematurely requiring creditors to promise support it. At the heart of creditors' complaints are the terms of a $1.5 billion private recapitalization that Peabody...

  • SINGAPORE, Feb 6- Oil prices edged up on Monday on fears that new U.S. sanctions against Iran could be extended to start affecting crude supplies, but markets were capped by further signs of growing U.S. production. Tensions between Tehran and Washington have risen since a recent Iranian ballistic missile test which prompted U.S. U.S. energy companies added oil...

  • In a 52-47 vote, the Republican-controlled Senate approved a resolution to eradicate a rule requiring companies such as Exxon Mobil and Chevron Corp to publicly state taxes and other fees paid to foreign governments like Russia. On Thursday, the Senate repealed a rule that would have limited coal companies from dumping waste into streams.

  • WASHINGTON, Feb 2- The U.S. Congress moved swiftly on Thursday to undo Obama-era rules on the environment, corruption, labor and guns, with the Senate wiping from the books a rule aimed at reducing water pollution. By a vote of 54-45, the Senate approved a resolution already passed in the House of Representatives to kill the rule aimed at keeping pollutants out of...

  • By a vote of 54-45, the Senate approved a resolution already passed in the House of Representatives to ax the rule, which is intended to keep water sources in areas of mountaintop removal mining clear of waste. The Senate was scheduled later on Thursday to debate killing an equally controversial rule requiring extraction companies such as Exxon Mobil and...

  • WASHINGTON, Feb 2- The U.S. Senate voted on Thursday to overturn a rule aimed at cutting water pollution from coal-mining waste, the first of a number of Obama-era regulations congressional Republicans are aiming to kill. By a vote of 54-45, the Senate approved a resolution passed in the House of Representatives on Wednesday to axe the rule intended to keep water...

  • WASHINGTON, Feb 2- The battered U.S. coal industry rejoiced after the Senate voted on Thursday to repeal a rule that limited companies from dumping mining waste in streams, saying the move could halt the sector's decline. The Senate, approving a resolution passed by the House of Representatives on Wednesday, overturned the Stream Protection Rule as part of a...

  • WASHINGTON, Feb 2- The U.S. Senate voted on Thursday to repeal a regulation aimed at cutting water pollution from coal-mining waste, in the first successful use of a law known as the Congressional Review Act in more than 15 years. In a vote of 54 to 45, the Senate approved a resolution already passed in the House of Representatives on Wednesday to kill the rule...

  • Senate repeals regulation on coal waste and streams

    CNBC's John Harwood reports that the Senate has passed a repeal of the stream protection rule, the first action in deregulation under the Trump administration.

  • TOKYO, Feb 2- Japanese trading house Mitsubishi Corp on Thursday hiked its net profit forecast for the current financial year by around a third, driven up as coking coal prices remain way above lows hit last year. Coking coal futures on the Singapore Commodity Exchange soared in the second half of last year as top commodity consumer China clamped down on local...