The EPA has already published draft regulations that would limit greenhouse emissions from new coal plants to no more than 1,000 lbs of carbon dioxide per megawatt-hour of electricity generated.» Read More
A choking smog across much of northern China threatens major coal projects globally that are still on the drawing board.
WARSAW, Nov 14- Poland is struggling to make "coal" less of a dirty word as it hosts U.N. talks on slowing global warming that usually focus mostly on phasing out fossil fuels in favour of renewable energies such as solar and wind power.
BEIJING, Nov 13- Royal Dutch Shell and China's Sinopec Corp are drilling exploration wells to test shale potential in central China, where little prospecting for the fuel has been done, company officials said on Thursday.
CALGARY, Nov 13- Canada on Wednesday renewed its attack on the European Union's plan to classify Canadian tar sands oil as particularly dirty and released a study questioning the data behind the controversial measure. Canada has the world's third-largest proven reserves of crude, much of which is locked in the tar sands of Alberta.
MOSCOW, Nov 13- Canadian miner Uranium One Holding, acquired this year by Russian state-owned reactor builder and supplier Rosatom, said it would freeze expansion projects in Russia and elsewhere due to low uranium prices. "Given the unfavourable market environment, we have decided to freeze expansion projects both in Russia and abroad," Zhivov said.
They're called master limited partnerships, and investing in them can be as mystifying as the name. Here are some tips.
LONDON, Nov 12- New funding for research into lower-cost ways of capturing carbon dioxide is meant to emphasise the Obama administration's commitment to a future for cleaner coal-fired power generation.
Chen Jiahe, Analyst at Cinda Securities tells CNBC's Cash Flow that while change will take a long time, he still likes the China market.
Nov 8- A 90- car train carrying North Dakota crude derailed and exploded in a rural area of western Alabama early on Friday, leaving 11 cars burning and potentially bolstering the push for tougher regulation of a boom in moving oil by rail. A local official said the crude oil had originated in North Dakota, home of the booming Bakken shale patch.
Nov 8- A 90- car train carrying crude oil derailed and exploded in western Alabama in the early hours of Friday morning, spilling oil and leaving eleven cars burning in the rural area. A local official said the crude oil had originated in North Dakota, home of the booming Bakken shale patch.
WARSAW, Nov 8- U.S. energy major Chevron said it had filed a civil lawsuit against protesters in Poland who have prevented it from reaching a site where it plans to explore for shale gas.
Nov 7 (Reuters)- James River Coal Co idled four more mines in Central Appalachia and temporarily laid off about 200 employees as the company looks to shore up its precarious cash position amid weak coal prices. "The balance sheet continues to be the critical issue to watch for James River Coal," Simmons& Co analyst Bill Herbert said in a note.
*Shale oil will contribute to lower demand for OPEC crude. LONDON/ VIENNA, Nov 7- OPEC could lose almost 8 percent of its oil market share in the next five years as the shale energy boom and other competing sources boost rival supply, offering the exporter group little benefit from rising world demand.
*Shale oil will contribute to lower demand for OPEC crude. LONDON, Nov 7- OPEC could lose almost 8 percent of its oil market share in the next five years as the shale energy boom and other competing sources boost rival supply, offering the exporter group little benefit from rising world demand.
Nov 7- James River Coal Co said it idled four mines in eastern Kentucky in Central Appalachia and temporarily laid off about 200 employees as coal prices fall further. James River Coal shares were down about 0.5 percent in trading before the bell, after the coal miner reported a slide in shipments and a bigger loss for the third quarter.
LONDON, Nov 6- The U.S. shale boom is causing a cascading series of changes in global energy markets that are altering the landscape for oil trading houses and opening up new ways for them to profit, a leading Swiss trader said.
*Ukraine seeks energy independence from Russia. KIEV, Nov 5- Ukraine signed a $10 billion shale gas production-sharing agreement with U.S. Chevron on Tuesday, another step in a drive for more energy independence from Russia.
OSLO, Nov 5- Norway's opposition Labour Party has proposed banning the country's $800 billion wealth fund from investing in coal producers, a motion that may gain traction as several outside backers of the minority government expressed support.
*Cuts 2013 capital budget to $260 mln- $290 mln from $275 mln- $325 mln. Oct 31- Alpha Natural Resources Inc joined rival Arch Coal Inc in forecasting lower mining costs for the year as it reins in spending to cope with weak coal prices.
Oct 31- U.S. coal miner Alpha Natural Resources Inc reported a wider quarterly loss, hurt by lower coal prices and shipments. Net loss widened to $458 million, or $2.07 per share, in the third quarter ended Sept. 30 from $46 million, or 21 cents per share, a year earlier. Revenue fell 25 percent to $1.20 billion.