VIENNA, Nov 27- Shale oil is a disaster for climate change, Venezuelan Foreign Minister Rafael Ramirez said on Thursday as OPEC prepares to decide on oil output policy. "The U.S. is producing in a very, very bad manner. Oil ministers from the Organization of the Petroleum Exporting Countries meet on Thursday in Vienna, with Venezuela trying to rally support for...» Read More
Arch Coal rose$. 01 or. 4 percent, to $2.33. Consol Energy Inc. fell$. 09 or. 2 percent, to $40.05. Peabody Energy fell$. 13 or 1.2 percent, to $10.86.
LONDON/ BRUSSELS, Nov 26- A shortage of coal, rather than gas, is likely to plunge Ukraine into freezing darkness this winter as conflict in its east seals off supplies that used to make it self sufficient. "We have no energy reserves now, everything works on maximum and every technical problem can lead to sharp power cuts," said Andrey Favorov, managing director of...
Arch Coal fell$. 22 or 8.7 percent, to $2.32. Consol Energy Inc. fell$. 84 or 2.0 percent, to $40.14. Peabody Energy fell$. 17 or 1.5 percent, to $10.99.
Arch Coal fell$. 23 or 9.1 percent, to $2.31. Consol Energy Inc. fell$. 68 or 1.7 percent, to $40.30. Peabody Energy fell$. 22 or 2.0 percent, to $10.94.
Over the next 25 years, the U.S. will become a global energy powerhouse. That shift will reshape geopolitical power.
MORGANTOWN, W.Va.— A Patriot Coal subsidiary used contract workers who violated safety standards at a Marion County mine, endangering union workers, according to court documents the union filed in a dispute with the company. The subsidiary, Eastern Associated Coal, sued after union workers walked off the job Oct. 17 at the Federal No. 2 mine about 25 miles west of...
Arch Coal fell$. 07 or 2.8 percent, to $2.47. Consol Energy Inc. fell$. 02 or percent, to $40.96. Peabody Energy rose$. 01 or. 1 percent, to $11.17.
WARSAW, Poland— Oil and gas firm San Leon Energy is extending its licenses to explore for shale gas in northern Poland, a company official said Tuesday. According to Marcin Zieba, the head of an association of explorers in Poland, the main issue is to find the best way to efficiently release the gas from Poland's shale rocks, which are different from those in the U.S.,...
"A guy can invest in the Alberta oil sands or a Bakken shale-type company and they are going to make a little bit of money, but they are not going to hit that grand-slam home run we are looking for in elephant country," said Mark Sommer, spokesman at Simba Energy. But Ebola, Islamic State and the Ukraine conflict have made an already tough market tougher for these...
Arch Coal fell$. 07 or 2.6 percent, to $2.64. Consol Energy Inc. fell$. 66 or 1.6 percent, to $40.85. Peabody Energy fell$. 23 or 2.0 percent, to $11.21.
Arch Coal rose$. 18 or 7.1 percent, to $2.71. Consol Energy Inc. fell$. 10 or. 2 percent, to $41.51. Peabody Energy rose$. 30 or 2.7 percent, to $11.44.
HOUSTON, Nov 21- Energy companies have long touted to Wall Street investors the number of acres they lease or own as a measure of how many oil and gas shale wells they can potentially drill. Several smaller operators in the Permian Basin of Texas, including RSP Permian Inc, Laredo Petroleum Inc and Callon Petroleum Co, are telling investors there is more than meets...
Arch Coal rose$. 12 or 4.7 percent, to $2.65. Consol Energy Inc. rose$. 30 or. 7 percent, to $41.91. Peabody Energy rose$. 54 or 4.8 percent, to $11.68.
Arch Coal rose$. 23 or 10.0 percent, to $2.53. Consol Energy Inc. rose$. 84 or 2.1 percent, to $41.61. Peabody Energy rose$. 35 or 3.2 percent, to $11.14.
Arch Coal rose$. 14 or 6.1 percent, to $2.44. Consol Energy Inc. rose$. 73 or 1.8 percent, to $41.50. Peabody Energy rose$. 18 or 1.7 percent, to $10.97.
*Focus on north of England and Scotland. LONDON, Nov 20- Swiss chemicals group Ineos announced on Thursday plans to invest $1 billion in shale gas exploration in Britain, hoping to emulate the U.S. shale boom in one of few European countries to endorse controversial fracking technology. The $1 billion investment, which is subject to Ineos winning UK shale gas...
Arch Coal rose$. 05 or 2.2 percent, to $2.35. Consol Energy Inc. rose$. 69 or 1.7 percent, to $41.46. Peabody Energy rose$. 20 or 1.9 percent, to $10.99.
LONDON— Chemicals firm Ineos has announced plans to invest 640 million pounds in shale gas exploration in Britain. The company is applying for more licenses to expand its operations in Scotland and in northern England. Chairman Jim Ratcliffe says he wants the company to become the biggest player in the industry in the country.
BECKLEY, W.Va.— Ex-coal company chief executive Don Blankenship pleaded not guilty Thursday to conspiracy and other charges in the deadliest U.S. mine accident in four decades. In April 2010, an explosion at the mine in Montcoal killed 29 men, and the indictment said Blankenship could have prevented most of the violations the mine was committing.
LAUNCESTON, Australia, Nov 20- China's energy targets for 2020, if assumed to be credible and achievable, give a clear indication of likely winners and losers. However, all the indications from China's leaders have been that the world's largest polluter is serious about tackling air quality and curbs on coal form a major part of this effort.