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Oil and Gas Coal and Consumable Fuels

  • TORONTO, April 25- Teck Resources Ltd, North America's largest producer of steelmaking coal, reported earnings and revenue that lagged expectations on weakness at its zinc unit, sending its U.S.-listed shares down about 6 percent. TD Securities analyst Greg Barnes said the earnings miss reflects lower sales and higher costs at Teck's zinc unit, which he had...

  • April 25- Canada's Teck Resources Ltd, North America's largest producer of steelmaking coal, reported lower-than-expected profit due to higher costs, lower production and sales volumes. Unit production costs in the first quarter rose by C $13 to C $56 per tonne from a year ago. Teck, which also mines gold and silver, said adjusted profit attributable to...

  • BOGOTA, April 24- Colombia's government will seek congressional approval to harmonize national and local mining laws, the mines and energy minister said on Monday, as legal wrangling over environmental regulations and community opposition threaten investment. The move caused uncertainty among investors in Colombia, the world's fifth-largest producer...

  • April 24- Anglo American reported a 9 percent rise in overall production for the first quarter of 2017 compared with 2016, but copper output fell 3 percent due to poorer grades and a temporary suspension at the El Soldado mine in Chile. Copper output fell 3 percent due to poorer quality ore in Chile combined with the halting of mining operations at El Soldado from...

  • CALGARY, Alberta/ NEW YORK April 19- The Syncrude Canada oil sands project will run at reduced rates in May and June while maintenance work that was brought forward after a fire at the plant last month is completed, majority-owner Suncor Energy said on Wednesday. Two trading sources in Calgary said Syncrude also issued an update to customers reiterating its most...

  • The May 2016 fire ripped through the oil sands hub of Fort McMurray, destroying 10 percent of homes in the remote city of 88,000 people and shutting in more than a million barrels of crude production. Still, Fort McMurray has added eight new firefighters and begun fire-prevention measures like preemptively burning off vegetation that could fuel fires.

  • The May 2016 fire ripped through the oil sands hub of Fort McMurray, destroying 10 percent of homes in the remote city of 88,000 people and shutting in more than a million barrels of crude production. Still, Fort McMurray has added eight new firefighters and begun fire-prevention measures like preemptively burning off vegetation that could fuel fires.

  • The May 2016 fire ripped through the oil sands hub of Fort McMurray, destroying 10 percent of homes in the remote city of 88,000 people and shutting in more than a million barrels of crude production. Still, Fort McMurray has added eight new firefighters and begun fire-prevention measures like preemptively burning off vegetation that could fuel fires.

  • The May 2016 fire ripped through the oil sands hub of Fort McMurray, destroying 10 percent of homes in the remote city of 88,000 people and shutting in more than a million barrels of crude production. Still, Fort McMurray has added eight new firefighters and begun fire-prevention measures like preemptively burning off vegetation that could fuel fires.

  • *OPEC to meet May 25 to consider output cut extension. The oil market has been caught in a tug-of-war between forecasts that OPEC production will remain at reduced rates and bearish reports suggesting U.S. production is rising, preserving a supply overhang in the market. "We're right at the battle ground: the bulls and the bears are facing off against each other,...

  • *OPEC to meet May 25 to consider output cut extension. *UAE minister sees healthy demand growth, falling crude stocks. At a time when OPEC and other producing nations have been trying to cut output, government drilling data showed U.S. shale production next month was set to rise to 5.19 million barrels per day.

  • *OPEC to meet May 25 to consider output cut extension. *UAE minister sees healthy demand growth, falling crude stocks. Global benchmark Brent crude futures were down 34 cents at $55.02 a barrel at 1330 GMT.

  • *OPEC to meet May 25 to consider output cut extension. *UAE minister sees healthy demand growth, falling crude stocks. Global benchmark Brent crude futures were down 49 cents at $54.87 a barrel at 1038 GMT.

  • OPEC to meet May 25 to consider output cut extension. LONDON, April 18- Oil prices fell on Tuesday on news that U.S. shale oil output was expected to post the biggest monthly rise in more than two years, fuelling concerns that U.S. production growth is undermining OPEC- led efforts to rein in oversupply. Global benchmark Brent crude futures were down 26 cents at $55.10...

  • NEW YORK, April 17- BP Plc has accused Monroe Energy of wrongfully terminating a crude supply contract in 2016, according to a federal court filing. Monroe Energy inked a three-year contract with BP in August 2014 to supply the company's 185,000 barrel-per-day refinery outside Philadelphia with crude oil from the Eagle Ford or Bakken shale fields, according...

  • NEW YORK, April 17- U.S. shale production in May was set for its biggest monthly increase in more than two years, government data showed on Monday, as producers stepped up their drilling activity with oil prices hovering at over $50 a barrel. May output is set to rise by 123,000 barrels per day to 5.19 million bpd, according to the U.S. Energy Information...

  • HOUSTON, April 17- Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big new bets on the industry's resurgence. In the first quarter, private equity funds raised $19.8 billion for energy ventures- nearly three times the total in the same period last year, according to financial data provider Preqin.

  • HOUSTON, April 17- Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big new bets on the industry's resurgence. In the first quarter, private equity funds raised $19.8 billion for energy ventures- nearly three times the total in the same period last year, according to financial data provider Preqin.

  • BEIJING, April 17- China's coal output rose 1.9 percent in March compared with the same month a year earlier, its first year-on-year gain in at least two years, suggesting miners are ramping up production to take advantage of rising prices. "Coal production will grow faster in following months as policy makers put a strong emphasis on securing supplies," said Zhang...

  • BEIJING, April 17- China's coal output rose 1.9 percent in March from a year earlier to 300 million tonnes, posting the first increase since at least March 2015, the National Bureau of Statistics said on Monday.