CHARLESTON, W.Va.— Scrapping to keep a West Virginia Senate seat Democratic in a state that's sprinted to the right, Natalie Tennant is counting on her allegiance to the coal industry to separate herself from an unpopular President Barack Obama. Mary Landrieu is vying for a fourth term representing Louisiana; Alaska Sen.» Read More
Arch Coal rose$. 20 or 4.0 percent, to $5.07. Consol Energy Inc. rose$. 50 or 1.2 percent, to $40.74. Peabody Energy rose$. 35 or 2.1 percent, to $17.09.
STAVANGER, Norway— Norway is considering excluding foreign oil and coal companies from its $860 billion sovereign wealth fund, which manages profits from Norway's own fossil fuel industry. The move highlights Norway's ambition to be a climate leader globally, while continuing to hunt for oil and gas in its own waters.
FLAGSTAFF, Arizona— For decades, uranium ore was mined from the Lukachukai Mountains of northeastern Arizona, providing Navajos with much-needed employment but leaving behind a legacy of death and disease on the reservation.
Kerr-McGee left abandoned uranium mine sites, including contaminated waste rock piles, in the Lukachukai mountains of Arizona and in the Ambrosia Lake area of New Mexico. The Lukachukai mountains are located immediately west of Cove, Ariz., and are a culturally significant part of the Navajo Nation; the Ambrosia Lake area is just outside the Navajo Nation.
MOSCOW, April 3- French oil major Total has secured the rights to explore three hard-to-recover oil blocks in West Siberia, according to a statement on the website of the Russian region's governor.
If you thought coal was fading—upstaged by natural gas and solar panels—guess again. Look at the bustling Powder River Basin that's powering America.
ASTANA, April 1- Kazakhstan, the world's largest producer of uranium, will keep output steady this year as long as prices stay low, although it expects a big increase in reserves, the head of state uranium company Kazatomprom said on Tuesday.
More U.S. power plants have been burning coal to meet rising energy demand. CNBC's Brad Quick offers an inside look from the Powder River Basin in Montana and Wyoming, one of America's largest coal regions.
HONG KONG, March 28- China Shenhua Energy Co Ltd, the country's largest coal producer, posted a 9.3 percent fall in 2013 net profit, roughly in line with forecasts, as coal prices slid amid a slowing domestic economy.
LONDON, March 28- Asia Resource Minerals, the Indonesian miner emerging from years of bitter shareholder in-fighting, said on Friday it would now focus on restructuring its business to combat weak coal prices.
L&L Energy, which has all of its operations in China and Taiwan, "created the false appearance that the company had a professional management team in place when in reality Dickson Lee was single-handedly controlling the company's operations," the SEC said.
WASHINGTON, March 27- The U.S. Securities and Exchange Commission accused L&L Energy Inc of committing fraud when the coal company and its founder made false disclosures about who was running the company, the agency said on Thursday.
SYDNEY, March 27- Damaged rubber lining on a tank led to a massive uranium leak from a processing plant in Australia late last year, a subsidiary of global mining giant Rio Tinto said on Thursday.
U.S. sanctions could stop U.S. power utilities from buying Russian-controlled uranium from Kazakhstan, where Uranium One owns mines, but such a move appears a remote possibility as it would hurt U.S. companies that need it, Ian Telfer, nonexecutive chairman of Uranium One, told Reuters in an interview.
There's nothing like a polar vortex to drive down inventories and boost demand for coal, still a key generator of electricity. But how long will King Coal's run last?
LONDON, March 24- Japan will transfer all the highly enriched uranium and separated plutonium held at the country's fast critical assembly facility to the United States, the two countries said in a joint statement on Monday.
The EPA veto was issued after President Barack Obama, a Democrat, became president in 2009. Conservatives have accused Obama of waging a "war on coal," a reference to the administration's efforts to reduce greenhouse gas emissions, including those from coal-burning power plants.
WASHINGTON, March 24- The U.S. Supreme Court on Monday delivered a blow to Arch Coal Inc by declining to hear its challenge to an Obama administration decision to block an environmental permit for a coal mining project in West Virginia.
CNBC's Scott Cohn reports on the projected increase in demand for coal.
CNBC's Scott Cohn reports on the demand for coal and the government regulation coal miners are facing.