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Oil and Gas Coal and Consumable Fuels

  • SINGAPORE, April 11- Crude oil eased from a five-week high on Tuesday as rising U.S. shale oil production offset concerns over geopolitical tensions in the Middle East and output cuts being made to support prices. The international benchmark for oil prices, Brent crude futures, were down 4 cents, or 0.1 percent, from its previous close at $55.94 per barrel at 0510...

  • LAUNCESTON, Australia, April 10- One of the big hopes for a revival of the U.S. coal industry since the election of President Donald Trump is increasing exports. The short-term boost to U.S. coal exports is virtually all down to Cyclone Debbie, a category four storm that closed mines and damaged infrastructure in eastern Australia's Queensland and New South Wales...

  • *Goldman Sachs sees large oil surplus in two years. LONDON, April 10- The shale oil boom has transformed the U.S. and global energy sector to such an extent that it has upended traditional supply dynamics and made forecasts far more polarized. Yet Goldman Sachs, the only bank to make more than $1 billion a year from commodities trading, believes a looming recovery in...

  • LAUNCESTON, Australia, April 10- One of the big hopes for a revival of the U.S. coal industry since the election of President Donald Trump is increasing exports. The short-term boost to U.S. coal exports is virtually all down to Cyclone Debbie, a category four storm that closed mines and damaged infrastructure in eastern Australia's Queensland and New South Wales...

  • LONDON, April 7- U.S. coal producers can look forward to an increase in production and jobs during 2017/ 18 as the industry recovers from the depression of 2015/ 16.. Coal production slumped from 1 billion tons in 2014 to just 739 million tons in 2016, according to the U.S. Mine Safety and Health Administration. The three months between December 2015 and February 2016...

  • Drillers added 10 oil rigs in the week to April 7, bringing the total count up to 672, the most since August 2015, energy. More than half of the rigs added since the recovery started in June after crude prices first topped $50 a barrel, were in the Permian basin, the nation's biggest shale oil formation located in west Texas and eastern New Mexico.

  • LONDON, April 7- U.S. coal producers can look forward to an increase in production and jobs during 2017/ 18 as the industry recovers from the depression of 2015/ 16.. Coal production slumped from 1 billion tons in 2014 to just 739 million tons in 2016, according to the U.S. Mine Safety and Health Administration. The three months between December 2015 and February 2016...

  • MANILA, April 6- A powerful cyclone in Australia has put supply of coking coal at risk, forcing big buyers like China and Japan to scour the world for alternative supplies and fueling a rally in prices as the world's top exporter braces for lost business. Russia, Mongolia, Mozambique and the United States would benefit from Australia's disrupted supply as steel...

  • *Nexen reduces output at Long Lake by 48 percent- sources. CALGARY, Alberta/ NEW YORK, April 6- Two oil sands producers in northern Alberta have cut production at their facilities due to a shortage of synthetic crude, market sources said on Thursday, causing Canadian and U.S. crude prices to surge to multi-year highs. CNOOC Ltd subsidiary Nexen Energy, which likewise...

  • *Syncrude oil sands in Alberta shut after fire. NEW YORK, April 6- Oil prices rose by 1 percent on Thursday, posting a fourth straight day of gains, but analysts remained cautious about record-high U.S. crude inventories. Brent crude futures settled up 53 cents, or 1 percent, at $54.89 a barrel.

  • WASHINGTON, April 6- The chief executive of U.S. coal mining company Cloud Peak Energy urged President Donald Trump in a letter on Thursday to help shape global climate policies by keeping the United States in the Paris climate accord. The deal, agreed by nearly 200 countries in Paris in 2015, seeks to limit planetary warming by cutting emissions of carbon...

  • *Syncrude oil sands in Alberta shut after fire. NEW YORK, April 6- Oil prices rose more than 1 percent on Thursday, on track for a fourth straight day of gains, but analysts remained cautious about record-high U.S. crude inventories. Brent crude futures gained 61 cents, or 1.1 percent, to $54.97 a barrel by 2:21 p.m. EDT.

  • *Syncrude oil sands in Alberta shut after fire. NEW YORK, April 6- Oil prices rose nearly 1 percent on Thursday, on track for a fourth straight day of gains, but analysts remained cautious about record-high U.S. crude inventories. Brent crude futures gained 43 cents, or 0.8 percent, to $54.80 a barrel by 10:57 a.m. EDT.

  • MANILA, April 6- A powerful cyclone in Australia has put supply of coking coal at risk, forcing big buyers like China and Japan to scour the world for alternative supplies and fueling a rally in prices as the world's top exporter braces for lost business. Russia, Mongolia, Mozambique and the United States would benefit from Australia's disrupted supply as steel...

  • President Donald Trump has promised to end "the war on coal" waged by the previous administration and help put coal miners back to work. In practice, coal production and employment have been victims of the shale gas revolution rather than government regulation. Coal-fired power generation has been steadily losing market share to natural gas since 1988,...

  • President Donald Trump has promised to end "the war on coal" waged by the previous administration and help put coal miners back to work. In practice, coal production and employment have been victims of the shale gas revolution rather than government regulation. Coal-fired power generation has been steadily losing market share to natural gas since 1988,...

  • CALGARY, Alberta, April 5- The 350,000- barrel-per-day Syncrude oil sands project in northern Alberta, which cut production to zero after a fire, is expected to restart operations in the first week of May, according to three sources familiar with the matter. The unexpected outage sent crude prices soaring in Canada, with light synthetic crude from the oil sands...

  • President Donald Trump has promised to end "the war on coal" waged by the previous administration and help put coal miners back to work. In practice, coal production and employment have been victims of the shale gas revolution rather than government regulation. Coal-fired power generation has been steadily losing market share to natural gas since 1988,...

  • President Donald Trump has promised to end "the war on coal" waged by the previous administration and help put coal miners back to work. In practice, coal production and employment have been victims of the shale gas revolution rather than government regulation. Coal-fired power generation has been steadily losing market share to natural gas since 1988,...

  • Coal miners in Beallsville, Ohio.

    When it comes to jobs and automation, coal miners know more than you think, says Jake Novak.