Coal and Consumable Fuels


  • WASHINGTON, June 4- Kentucky may be well positioned to meet a carbon emission target for power plants set by federal regulators, even as U.S. Senate candidates there blast the plan, saying it will cripple the state's coal industry. The result: the Bluegrass State may be able to meet EPA targets between now and 2030..

  • Germany to set new rules for fracking Wednesday, 4 Jun 2014 | 10:36 AM ET

    BERLIN, June 4- Germany plans to draw up new rules in the coming weeks for the controversial method of fracking for gas, which will impose tight restrictions on the technique that has led to a shale gas boom in the United States. Germany's ruling parties had promised in their coalition agreement last year to set a legal framework for fracking.

  • COLUMN-U.S. EPA goes (relatively) easy on coal: Kemp Wednesday, 4 Jun 2014 | 8:10 AM ET

    LONDON, June 4- Despite the heated war of words between supporters of the coal industry and environmentalists, the Obama administration's Clean Power Plan is relatively generous to coal interests. Coal- fired generation has been declining owing to the abundance of cheap natural gas thanks to fracking.

  • --Clyde Russell is a Reuters columnist. NUSA DUA, Indonesia, June 4- "There is no skin left on my teeth to hang on with," was the lament of a coal trader, expressing a sentiment echoed time and again at the industry's largest gathering in Asia.

  • New EPA rules won't hurt consumer: Public Citizen Monday, 2 Jun 2014 | 4:53 PM ET
    Coal fired Morgantown Generating Station, in Newburg, Maryland, May 29, 2014.

    The EPA's new proposal to reduce carbon emissions won't negatively affect the consumer, Public Citizen's Tyson Slocum told CNBC.

  • EPA sets new carbon rules     Monday, 2 Jun 2014 | 2:20 PM ET

    Discussing whether changes to offset coal emissions will impact the consumer, with Tyson Slocum, Public Citizen, and Jim Pethokoukis, American Enterprise Institute.

  • CNBC's John Harwood reports the Obama administration argues its proposal to reduce carbon emissions at coal power plants would not only create new jobs in renewable energy industries, but provide public health benefits.

  • CALGARY, Alberta, June 2- Rising U.S. imports of crude oil from Canada's oil sands have not increased greenhouse gas emissions from the country's oil refineries because they have been offset by refining of cleaner domestic crudes, a report from a private sector think tank said on Monday.

  • War on coal? Carbon fuel is doing fine Saturday, 31 May 2014 | 9:56 AM ET
    NEWBURG, MD - MAY 29: Emissions spew out of a large stack at the coal fired Morgantown Generating Station, on May 29, 2014 in Newburg, Maryland. Next week President Obama is expected to announce new EPA plans to regulate carbon dioxide emissions from existing coal fired power plants.

    If there's a war on coal, someone may have forgotten to tell its primary target.

  • May 27- Cliffs Natural Resources Inc, which is fighting an activist investor who wants to split up the company and replace its chief executive, said on Tuesday it will cut 2014 capital spending by $100 million, or 25 percent, as it deals with weak seaborne iron ore and metallurgical coal prices.

  • --Clyde Russell is a Reuters columnist. The cost of producing about half of Australia's thermal coal and about 45 percent of its coking coal is above the prevailing prices, Morgan Stanley said in a report on Monday.

  • ST PETERSBURG, Russia, May 26- Russia's Inter RAO is studying the possibility of building the world's largest coal-fired power plant to sell electricity to China in a sign of strengthening economic and political ties between the two countries.

  • May 21- Sanchez Energy Corp said it would buy oil and gas properties in the Eagle Ford region of south Texas from Royal Dutch Shell Plc for about $639 million cash as the Dutch oil company looks to pare its exposure to U.S. shale. Shell and other big peers including BP Plc have had less success than smaller companies tapping North America's vast shale formations.

  • HONG KONG, May 21- China shares rose on Wednesday, led by coal stocks after a news report said the National Development and Reform Commission plans to establish two or three national markets for coal trading. Datong Coal Industry Co climbed 9.9 percent and Houlinghe Opencut Coal Industry Corporation Ltd of Inner Mongolia gained 5.6 percent.

  • SYDNEY, May 20- After 35 years of banking with big Australian banks like National Australia Bank, Paula and Peter Samson closed their accounts to protest the lenders' exposure to the polluting fossil fuel industry.

  • COLUMN-For investors, coal brings lumps Monday, 19 May 2014 | 12:40 PM ET

    CHICAGO, May 19- If you care about the environment, you can emulate Stanford University's move to remove coal-producing companies from its endowment portfolio by purging fossil fuel companies from your own investments, although it will take a customized strategy.

  • RIO DE JANEIRO, May 16- Brazilian mining giant Vale said on Friday it plans to close its Integra coal mine in Australia because it is losing money, the latest in company efforts to row back from non-core overseas assets. The price of thermal coal fell 40 percent in the last three years as coal supply remained robust and demand fell in Europe and China.

  • *Turkey declares national mourning for three days. SOMA, Turkey, May 14- Furious Turks heckled Prime Minister Tayyip Erdogan and jostled his entourage on Wednesday as protests erupted in several cities over a coal mine disaster in which at least 274 people died, making it the worst industrial accident in the nation's history.

  • CALGARY, Alberta, May 14- Alberta, the Canadian province whose oil sands hold the world's third-largest crude reserve, said on Wednesday it will not participate in a global oil conference in Moscow next month as a protest against Russia's actions in Ukraine.

  • *Turkey declares national mourning for three days. SOMA, Turkey, May 14- Hopes faded of finding more survivors in a coal mine in western Turkey on Wednesday, where 245 workers were confirmed killed and around 120 still feared to be trapped in what is likely to prove the nation's worst ever industrial disaster.