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Coal and Consumable Fuels

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  • LONDON, March 13- "We believe commercial shale gas extraction should only go ahead in the United Kingdom if it can be objectively demonstrated that the regulatory framework is fit for purpose," six leading conservation organisations wrote in a report on Thursday.

  • SunCoke said it would initially transfer a 33 percent interest in its Haverhill and Middletown cokemaking facilities in Ohio to SunCoke Energy Partners LP. Apart from the two coke plants to be initially transferred to the MLP, the company has plants in Virginia, Indiana and Illinois as well as in Brazil and India.

  • March 6- Mining equipment maker Joy Global Inc said demand from miners for maintenance work was returning after more than a year of delay when its main customers struggled with a coal glut and weak prices. Joy Global's shares rose as much as 5.4 percent in early trading after the company also raised the lower end of its 2014 profit forecast range.

  • March 6- Joy Global Inc reported a two-thirds drop in quarterly profit due to lower demand for mining equipment in the middle of a coal glut, but the company said maintenance revenue was rising as miners can no longer delay work on old equipment.

  • WASHINGTON, March 5- Alpha Natural Resources Inc., one of the largest U.S. coal producers, has reached a consent decree to settle a complaint about pollution discharged by coal mines into Appalachian rivers and streams, federal authorities said on Wednesday.

  • WASHINGTON, March 5- Alpha Natural Resources Inc., one of the largest U.S. coal companies, and dozens of subsidiaries have reached a consent decree to settle a complaint about pollution from coal mines, federal authorities said on Wednesday.

  • UPDATE 1-Uranium supplier USEC files for bankruptcy Wednesday, 5 Mar 2014 | 7:33 AM ET

    March 5- USEC Inc filed for bankruptcy after struggling with weak prices for the enriched uranium it supplies to nuclear power plants and difficulties in financing a major project. USEC has also been hit by delays in securing funding for its American Centrifuge Project in Ohio.

  • Uranium prices are hovering near eight-year lows because an earthquake and tsunami struck Japan in March 2011, crippling the Fukushima-Daiichi atomic power plant, and leading to the shutdown of nearly all reactors in the country, which previously relied on nuclear sources for 30 percent of its power.

  • TORONTO, March 2- One of the most closely watched uranium deposits not owned by a major miner, Fission Uranium Corp's Patterson Lake South project, is attracting attention from potential buyers, but Fission's CEO hopes to buy time.

  • NEW YORK, Feb 28- Oil production in North Dakota's Bakken shale stayed flat in January after falling sharply the month before, according to independent data that illustrate how this winter's bitter cold put a freeze on the world's fastest-growing oil patches.

  • OTTAWA, Feb 27- Canada has no plans to further ease rules for foreign investment in uranium mines after Ottawa moved to give European Union firms more leeway, a senior official said on Thursday.

  • SINGAPORE, Feb 27- Many power utilities in Asia appear to be making what seems like an increasingly risky bet: that poorer quality coal from Indonesia will remain cheap and plentiful. Generators from India to Southeast Asia and China are building or planning new coal-fired units designed to run on low-rank, sub-bituminous coal from Indonesia.

  • MORGANTOWN, West Va., Feb 26- As the Obama administration readies rules to force all U.S. power plants to lower the rate at which they produce greenhouse gases, Senator Joe Manchin of West Virginia, a major coal state, is trying to steer a bill through the Senate that he said would hold off the Environmental Protection Agency.

  • BEIJING, Feb 20- China unveiled dramatic details of charges against a former mining magnate on Thursday, accusing him of crimes ranging from murder to gun-running and extortion as part of a "mafia-style" gang he led.

  • Feb 19- Canadian miner Sherritt International Corp reported a bigger fourth-quarter loss as it took an impairment charge related to the pending sale of its coal operations, and the company slashed its quarterly dividend.

  • Feb 19- Canadian miner Sherritt International Corp posted a bigger fourth-quarter loss due to an impairment charge of C $466.8 million related to the pending sale of its coal mines, and it slashed its quarterly dividend. Sherritt is selling its coal business for C $946 million to focus on nickel and oil.

  • *Underlying profit of $7.76 bln v $6.9 bln consensus. *Shares in Australia hit one-year high, outpace market. MELBOURNE, Feb 18- Global miner BHP Billiton topped market forecasts with a 31 percent rise in first-half profit on Tuesday and hinted it may launch a share buyback in August, despite giving a cautious outlook on Chinese growth.

  • *Underlying profit of $7.76 bln v $6.9 bln consensus. MELBOURNE, Feb 18- Global miner BHP Billiton topped market forecasts with a 31 percent rise in first-half profit on Tuesday and hinted it may launch a share buyback in August, despite a cautious outlook on Chinese growth.

  • Feb 13- Cenovus Energy Inc said on Thursday it will take longer than expected to bring its Foster Creek oil sands project in Alberta to its full production rate as the company delayed optimization work until after an expansion is completed.

  • Feb 13- Canadian oil and gas producer Cenovus Energy Inc's fourth-quarter operating profit fell short of analysts' estimates as production at its Foster Creek oil sands project in northern Alberta dropped 11 percent.

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