Arch Coal fell$. 15 or 5.4 percent, to $2.65. Consol Energy Inc. fell$. 89 or 2.3 percent, to $37.98. Peabody Energy fell$. 70 or 4.9 percent, to $13.49.» Read More
NEW DELHI— Australia's Prime Minister Tony Abbott met with his Indian counterpart Friday on a two-day state visit during which they are expected to sign a deal to allow the export of Australian uranium to India for use in power generation.
Sept 4- Mining equipment maker Joy Global Inc posted lower-than-expected quarterly revenue and profit and the company narrowed its full-year earnings forecast range as coal miners cut spending due to weak coal prices amid an oversupply.
Sept 3- Oil logistics specialist Buckeye Partners LP said it will pay $860 million for control of Trafigura's prized oil facilities in the Texas shale hub, while expectations rise that Washington will relax its ban on crude oil exports.
KIEV/ MOSCOW, Sept 3- Ukraine reduced electricity supplies to consumers in Crimea on Wednesday and threatened to cut power altogether if quotas were breached, as it battles a power crisis on the mainland that threatens to cause rolling blackouts across the country.
SYDNEY, Sept 3- Australia Prime Minister Tony Abbott said on Wednesday he hoped to sign a deal this week to sell uranium to India for peaceful power generation, but halted uranium exports to Russia over Moscow's role in Ukraine.
The crisis in eastern Ukraine has emboldened Europe and the United States to impose broad sanctions on Russia. But Europe finds itself in a precarious position, with almost a third of the natural gas the continent consumed in 2013 flowing from Russia, according to the U.S. Energy Information Administration.
NEW DELHI, Aug 29- Half of India's thermal power stations have less than a week's supply of coal on hand, according to weekly data, the lowest level since mid-2012 when millions of people were left without power in one of the world's worst blackouts.
The delays have been perpetuated also by a surge in rail deliveries of crude oil and grain, leaving power producers such as FirstEnergy Corp scrambling for transport alternatives before winter sets in, potentially adding to costs.
LIGHT CRUDE OIL- PEMEX COMMERCIAL ARM.
WINNIPEG, Manitoba, Aug 27- Canadian uranium miner Cameco Corp said on Wednesday that it would shut down the world's biggest uranium mine at McArthur River, Saskatchewan, as well as the Key Lake mill after the United Steelworkers union said workers planned to strike starting Saturday.
LAUNCESTON, Australia, Aug 25- Something doesn't quite add up with China's rising steel production, but falling coal output and imports so far this year. China's raw steel output was 480.76 million tonnes in the first seven months of 2014, up 2.7 percent from the same period a year earlier, according to data from the National Bureau of Statistics.
CALGARY, Alberta, Aug 21- Enbridge Inc, Canada's largest pipeline company, might be able to circumvent a delay in U.S. approvals for plans to nearly double the size of its Alberta Clipper line taking oil sands crude to the Midwest, saying it can put the oil in another pipeline to cross the border.
SINGAPORE, Aug 22- Asia petrochemicals firms are building tanks and retooling plants to store and process liquefied petroleum gas imported from the United States, counting on a flood of supply from the shale boom to replace costlier naphtha as a raw material.
*Coal producers down as Beijing orders curbs on oversupply. HONG KONG, Aug 21- Hong Kong and China shares weakened on Thursday after a preliminary private survey showed growth in China's vast factory sector slowed to a three-month low in August, reinforcing concerns about increasing softness in the economy.
Clyde Russell is a Reuters columnist. BHP said its productivity-led volume and cost efficiencies were $2.9 billion in the year to end June 2014, beating its target by $1.1 billion. Given the company's net income for the period was $13.4 billion, the $2.9 billion in savings represents about 22 percent of the profit, which certainly looks impressive.
Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell.
LONDON, Aug 14- Royal Dutch Shell Plc announced on Thursday the sale of onshore U.S. shale gas assets as the energy company restructures its North America production and reins in costs.
CNBC looks at which countries may be worst hit, both environmentally and economically, by climate change.
*Coal prices still a drag on Glencore- analyst. LONDON, Aug 13- Mining company Glencore posted a 13 percent increase in first-half copper output, in line with market forecasts and boosted by growth at its African and South American mines but its zinc and nickel production dipped.
LAUNCESTON, Australia, Aug 13- Coal miners in Australia have spent the past two years desperately cutting costs in a bid to survive falling prices, but this strategy is running out of steam.