GO
Loading...

Coal and Consumable Fuels

More

  • *Scotland blocks new permits for fracking. LONDON, Jan 28- Scotland on Wednesday blocked the granting of permits for fracking and a local English council delayed a decision on two projects, casting doubt on British Prime Minister David Cameron's shale gas ambitions. Scotland, estimated to have around 80 trillion cubic metres of shale gas resources- enough to...

  • Early Glance: Coal companies Wednesday, 28 Jan 2015 | 10:41 AM ET

    Arch Coal fell$. 02 or 1.6 percent, to $0.98. Consol Energy Inc. fell$. 89 or 2.9 percent, to $29.79. Peabody Energy fell$. 29 or 4.6 percent, to $5.96.

  • LONDON, Jan 28- A local English government council has delayed a decision on whether shale gas firm Cuadrilla can progress with two fracking projects in a test case showing the challenges facing the industry in Britain. The vote over what could be Britain's first shale-producing wells has been closely watched by the industry and environmental campaigners as...

  • UK council defers controversial shale gas permits Wednesday, 28 Jan 2015 | 7:21 AM ET

    LONDON, Jan 28- A local English government council has voted to delay a decision on whether shale gas firm Cuadrilla can progress with two fracking projects, in a case that is being closely watched by the industry and environmental campaigners. Cuadrilla's projects near Blackpool in north west England are expected to become Britain's first shale gas...

  • Jan 28- Cenovus Energy Inc, Canada's No. 2 independent oil producer, cut its capital spending budget for 2015 in response to the slump in crude oil prices. The company said it could defer spending of up to C $700 million, mainly by suspending a bulk of its conventional drilling in southern Alberta and Saskatchewan and delaying long-term oil sands expansion and new...

  • Final Glance: Coal companies Tuesday, 27 Jan 2015 | 6:08 PM ET

    Arch Coal fell$. 04 or 3.8 percent, to $1.00. Consol Energy Inc. fell$. 37 or 1.2 percent, to $30.68. Peabody Energy fell$. 43 or 6.4 percent, to $6.24.

  • Jan 27- Coal miner Peabody Energy Corp slashed its quarterly dividend as it strives to rein in costs amid tepid demand, due to expectations that prices of natural gas, a cheaper alternative to steam coal, would remain weak in 2015.. The miner cut its quarterly dividend by 97 percent to 0.25 cents per share from 8.5 cents, sending its stock plunging as much as 9 percent...

  • Midday Glance: Coal companies Tuesday, 27 Jan 2015 | 1:36 PM ET

    Arch Coal fell$. 02 or 1.9 percent, to $1.02. Consol Energy Inc. fell$. 33 or 1.1 percent, to $30.72. Peabody Energy fell$. 28 or 4.1 percent, to $6.40.

  • Early Glance: Coal companies Tuesday, 27 Jan 2015 | 10:25 AM ET

    Arch Coal fell$. 02 or 1.8 percent, to $1.02. Consol Energy Inc. fell$. 32 or 1.0 percent, to $30.73. Peabody Energy fell$. 48 or 7.2 percent, to $6.19.

  • Jan 27- Coal miner Peabody Energy Corp said it expected demand in the United States to decline in 2015, mainly due to lower natural gas prices. Peabody said it would pay a quarterly dividend of 0.25 cents per share, way below the 8.5 cents per share it paid in November. The company, which has mining operations in the United States and Australia, forecast U.S. coal...

  • Jan 27- Coal miner Peabody Energy Corp reported a smaller quarterly loss, helped by lower operating costs in Australia and the United States. The company's net loss attributable to common stockholders narrowed to $514.6 million, or $1.92 per share, in the fourth quarter ended Dec. 31, from $565.7 million, or $2.12 cents per share, a year earlier.

  • CHICAGO, Jan 27- Construction and mining equipment maker Caterpillar Inc on Tuesday reported a lower net profit that came in below market expectations, as lower prices for copper, coal and iron ore hurt its mining business and warned the drop in oil prices would hurt its business in 2015.. The Peoria, Illinois- based company reported a fourth-quarter net profit of...

  • Final Glance: Coal companies Monday, 26 Jan 2015 | 6:04 PM ET

    Arch Coal fell$. 03 or 2.8 percent, to $1.04. Consol Energy Inc. rose$. 72 or 2.4 percent, to $31.05. Peabody Energy rose$. 37 or 5.9 percent, to $6.67.

  • Midday Glance: Coal companies Monday, 26 Jan 2015 | 1:53 PM ET

    Arch Coal fell$. 02 or 1.9 percent, to $1.05. Consol Energy Inc. rose$. 70 or 2.3 percent, to $31.03. Peabody Energy rose$. 16 or 2.5 percent, to $6.46.

  • Lower coal revs hit Norfolk Southern profit Monday, 26 Jan 2015 | 1:24 PM ET
    A file photo of a Norfolk Southern freight train.

    Norfolk Southern expects a solid U.S. economy to boost its business in 2015 but said it was too early to gauge the impact of lower energy prices.

  • Early Glance: Coal companies Monday, 26 Jan 2015 | 12:16 PM ET

    Arch Coal fell$. 05 or 5.0 percent, to $1.02. Consol Energy Inc. rose$. 37 or 1.2 percent, to $30.70. Peabody Energy fell$. 14 or 2.2 percent, to $6.16.

  • CHICAGO, Jan 26- Norfolk Southern Corp, the No. 4 U.S. railroad, expects a solid U.S. economy to boost its business in 2015 but said on Monday it was too early to gauge the overall impact of lower energy prices. Norfolk Southern's fourth-quarter profit was hurt by a 15 percent drop in coal revenue. The Norfolk, Virginia- based company said gains in its intermodal, or...

  • Coal mining simulator coming to Southern Illinois Sunday, 25 Jan 2015 | 10:52 AM ET

    The simulator that Southeastern Illinois College and Illinois Eastern Community College plan to build will have features such as an imitation-smoke system and a control center where coordinators can monitor how the miners cope with disaster-like conditions, the Southern Illinoisan reported. The schools will build the facility on SIC's Harrisburg...

  • Coal production drops in China for 1st time in 14 years Saturday, 24 Jan 2015 | 12:07 AM ET

    BEIJING— China recorded its first drop in coal production since 2000 last year, as the world's biggest greenhouse gas emitter pulls back on its use of the fossil fuel and switches to cleaner energy sources. According to the country's national coal association, China produced 3.5 billion tons of coal in the first 11 months of 2014, 2.1 percent less than the same...

  • Final Glance: Coal companies Friday, 23 Jan 2015 | 6:04 PM ET

    Arch Coal fell$. 10 or 8.5 percent, to $1.07. Consol Energy Inc. fell$. 78 or 2.5 percent, to $30.33. Peabody Energy fell$. 43 or 6.4 percent, to $6.30.