LONDON, July 1- Global mining firm Glencore said on Wednesday it would go ahead with a plan to close some operations at its Optimum Coal subsidiary in South Africa due to weak coal prices, a move which will result in the loss of 600 to 700 jobs. South Africa's National Union of Mineworkers had bitterly criticized the company's plan to shut down these assets, accusing...» Read More
Over the next 25 years, the U.S. will become a global energy powerhouse. That shift will reshape geopolitical power.
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Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell.
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Whiting Petroleum said it would acquire Kodiak Oil& Gas for $3.8 billion, becoming the largest producer in North Dakota's Bakken shale play.
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If there's a war on coal, someone may have forgotten to tell its primary target.
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