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Coal and Consumable Fuels

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  • WARSAW, Poland— Poland's government, at its first ever session outside Warsaw, approved a multi-billion-euro plan on Tuesday to stimulate the coal-mining region of Silesia's industry and job market. "The point is to give a strong impulse for the region that is meant to be the heart of Poland's industry," Kopacz said. "I gave the maximum possible without endangering...

  • BERLIN, June 30- Germany has delayed a parliamentary vote on new rules for the disputed technique of fracking for shale gas after parties in Chancellor Angela Merkel's coalition failed to agree on final details, lawmakers said on Tuesday. Legislation had been due to go to the Bundestag on Friday but objections from some Social Democrats, in coalition with...

  • WASHINGTON, June 29- The Supreme Court on Monday dealt a blow to a sweeping U.S. air pollution regulation aimed primarily at curbing emissions of mercury from coal-fired power plants by ruling that the Obama administration wrongly failed to consider compliance costs. "EPA is disappointed that the court did not uphold the rule, but this rule was issued more than...

  • Coal stocks rise on Supreme Court emissions ruling Monday, 29 Jun 2015 | 11:31 AM ET

    Shares of Consol Energy Inc. rose 2 percent to $22.83; Alpha Natural Resources Inc. rose 4 percent to 34 cents; Peabody Energy Corp. and Arch Coal Inc. jumped 9 percent. Walter Energy Inc. spiked 23 percent to 24 cents. Utilities also picked up steam, with Southern Co. gaining 48 cents to $42.38, Duke Energy Corp. up 56 cents to $71.56 and NextEra Energy Inc. up 62...

  • LONDON— A local council has rejected plans to frack shale gas in northwestern England in a case closely watched as offering a precedent for exploration in Britain. County councilors in Lancashire, north of Manchester, rejected plans by the energy firm Cuadrilla, which wanted to undertake exploratory drilling at a site in Little Plumpton.

  • CALGARY, Alberta, June 26- A review of royalties paid by Alberta's oil and gas industry will be finished by year-end, the government of Canada's largest oil-producing province said Friday, making good on an election promise to reassess how fairly resource revenues are divided up. Alberta, home to Canada's vast oil sands and the largest source of U.S. crude imports,...

  • LONDON, June 25- British officials on Thursday rejected a Cuadrilla Resources application for shale gas fracking in northwest England, a landmark decision that is likely to deter potential investors in Britain's nascent shale gas industry. The company's project at Roseacre Wood near Blackpool could have become one of Britain's first shale gas production...

  • SAN FRANCISCO, June 24- A bill to require California's state pension funds Calpers and CalSTRS to sell their investments in companies that generate at least half their revenue from coal mining passed an Assembly committee by a vote of 5-1 on Wednesday. Stanford University and the University of Maine have made similar moves. It has investments in coal companies...

  • U.S. lawmakers promise scrutiny of coal cleanup program Wednesday, 24 Jun 2015 | 5:48 PM ET

    WASHINGTON, June 24- Lawmakers will examine whether a program that allows coal companies to forgo mine cleanup insurance could leave taxpayers with billion dollar costs, leading members of the U.S. House Committee on Natural Resources said on Wednesday. Debbie Dingell, the leading Democrat on the committee's oversight panel. The country's four largest coal...

  • Less mineral revenue means less Wyoming education funding Wednesday, 24 Jun 2015 | 5:18 PM ET

    CHEYENNE, Wyo.— Wyoming lawmakers likely will face tough choices in coming years over how to fund the state's K-12 educational system because of falling mineral revenue, legislative staffers warned Wednesday. Wyoming is the nation's leading coal producer and relies heavily on federal mineral revenue to fund education. Matt Mead has blamed tighter federal...

  • SAN FRANCISCO, June 24- A bill to require California's state pension funds Calpers and CalSTRS to sell their investments in companies that generate at least half their revenue from coal mining passed an Assembly committee by a vote of 5-1 on Wednesday. In the United States, Stanford University and the University of Maine have made similar moves.

  • CALIFORNIA COMMITTEE VOTES TO ADVANCE BILL TO FORCE CALPERS, CALSTRS TO STOP INVESTING IN COAL MINING COMPANIES.

  • SAN FRANCISCO, June 24- A bill to require California's state pension funds Calpers and CalSTRS to sell their investments in companies that generate at least half their revenue from coal mining received three of the four required votes in a preliminary count at a California Assembly committee on Wednesday. In the United States, Stanford University and the...

  • CALIFORNIA PENSION COAL MINING DIVESTMENT BILL IN PRELIMINARY VOTE GETS 3 OF THE 4 VOTES NEEDED TO ADVANCE, FINAL VOTE STILL AWAITED.

  • Philippe Couillard said in an interview Tuesday with The Associated Press that if Quebec is simply a "transit place" for TransCanada's proposed $12 billion Energy East project, he doesn't see much benefit. Canada is looking for ways to export its growing oil sands production, but the Obama administration has delayed a decision on TransCanada's proposed...

  • *Greece concerns could weigh, analysts say. LONDON, June 19- Oil fell to around $63 a barrel on Friday as concern over Greece and a forecast that U.S. shale oil output would keep growing this year countered signs of a pickup in demand. Greece has been less of a driver for oil than other markets such as equities, but analysts said the situation represented a bearish risk...

  • *Greece concerns could weigh, analysts say. LONDON, June 19- Oil eased below $64 a barrel on Friday as concern over Greece and a forecast that U.S. shale oil output would keep growing this year countered signs of a pickup in demand. Greece has been less of a driver for oil than other markets such as equities, but analysts said the situation represented a bearish risk...

  • SEOUL, June 19- Oil prices were little changed in thin trade on Friday, with a forecast of higher output by U.S. shale oil producers this year adding to worries over demand and preventing the market from extending the previous session's gains. July crude had lost 5 cents to $60.40 a barrel as of 0428 GMT after closing up 53 cents on Thursday. Brent crude for August...

  • July crude shed 6 cents to $60.39 a barrel as of 0157 GMT after closing up 53 cents in the previous session. Brent crude for August fell 14 cents to $64.12 a barrel, having settled up 39 cents on Thursday. The potential for increased imports to the United States could also pressure U.S. oil prices.

  • U.S. crude futures for July shed 7 cents to $60.38 a barrel as of 0009 GMT after closing up 53 cents in the previous session. Brent crude for August fell 14 cents to $64.12 a barrel, having settled up 39 cents on Thursday. Saudi Arabia's Oil Minister Ali al-Naimi said after a meeting with Russian Energy Minister Alexander Novak he is optimistic about the coming...