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Oil and Gas Coal and Consumable Fuels

  • Concerns over rising U.S. shale oil output have been offsetting the impact of production cuts agreed by the Organisation of the Petroleum Exporting Countries and some non- OPEC members to curb a global crude oversupply. Russia and Iraq said on Monday it was too early to discuss if the pact by OPEC and non- OPEC members should be extended beyond May.

  • Under a deal announced on Monday, Peabody said it had arranged for $1.26 billion in third-party bonds and $14.5 million in a state bond pool in Indiana, one of the states where it held self-bonds, to fully satisfy its financing requirements. It's also another example of how credit markets and banks seem to be more willing to open up their books to coal companies, "...

  • TORONTO, March 6- Canada's Cameco Corp, the world's second-biggest uranium producer, is exploring the sale of its U.S. production facilities, its chief executive said on Monday, as a six-year industry slump drags on. Cameco, which has been cutting costs and curbing production, is in the early stages of evaluating the sale of its mines in Wyoming and Nebraska, but also...

  • HOUSTON, March 6- Norwegian oil producer Statoil ASA expects its U.S. shale operations to be profitable within two years at crude prices of $50 per barrel, an improvement helped by simplifying operations, technological improvements and cost cuts. "Our business clearly makes sense in a $50 environment," Reitan said Monday on the sidelines of the CERAWeek...

  • PSEG CEO: Border tax would add another burden on what is already a burden

    PSEG CEO Ralph Izzo weighs in on tax reform, the future of nuclear power, coal and infrastructure.

  • *China cutting more excess capacity in coal and steel industries. SHUANGYASHAN, China, March 6- After protests by unpaid coal miners made headlines around the world last year as China's parliament was meeting, a $15 billion assistance fund offered by the ruling Communist Party became a symbol of the government's need to ensure social stability.

  • *China cutting overcapacity in coal and steel industries. SHUANGYASHAN, China, March 6- After protests by unpaid coal miners made headlines around the world last year as China's parliament was meeting, a $15 billion assistance fund offered by the ruling Communist Party became a symbol of the government's need to ensure social stability. China is pledging to cut...

  • LONDON, March 2- U.S. crude oil production appears to be rising strongly thanks to increased shale drilling as well as rising offshore output from the Gulf of Mexico. Production averaged almost 9 million barrels per day in the four weeks to Feb. 24, according to the latest weekly estimates published by the Energy Information Administration.

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • LONDON, March 2- U.S. crude oil production appears to be rising strongly thanks to increased shale drilling as well as rising offshore output from the Gulf of Mexico. Production averaged almost 9 million barrels per day in the four weeks to Feb. 24, according to the latest weekly estimates published by the Energy Information Administration.

  • SINGAPORE, March 2- Crude oil fell for a third consecutive session on Thursday as a record build-up in U.S. stockpiles weighed on the market, with producers boosting shale oil production. West Texas Intermediate futures slipped 12 cents, or 0.2 percent, to $53.71 a barrel by 0025 GMT. Still, oil remained locked within a tight trading range as strict OPEC compliance...

  • Trump shows a different side in his first address to Congress: part dealmaker, part salesman, asking for unity, not so combative and trying to repackage his populist message in more palatable terms. Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an...

  • Trump shows a different side in his first address to Congress: part dealmaker, part salesman, asking for unity, not so combative and trying to repackage his populist message in more palatable terms. Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an...

  • Trump shows a different side in his first address to Congress: part dealmaker, part salesman, asking for unity, not so combative and trying to repackage his populist message in more palatable terms. Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an...

  • President Donald Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an executive order as soon as next week, a White House official told Reuters on Wednesday. Trump and his fellow Republicans who control Congress are seeking to unravel former Democratic...

  • President Donald Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an executive order as soon as next week a White House official told Reuters on Wednesday. Trump and his fellow Republicans who control Congress are seeking to unravel former Democratic...

  • Trump shows a different side in his first address to Congress: part dealmaker, part salesman, asking for unity, not so combative and trying to repackage his populist message in more palatable terms. Trump is likely to sign an executive order next week that lifts a ban on new federal coal mining leases and starts the process of killing other Obama-era initiatives...