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  • A coal mound stands at the Appalachian Electric Power coal-fired Big Sandy Power Plant in Catlettsburg, Kentucky, in 2014. The plant shuttered its coal production last year and converted to natural gas.

    No matter who gets appointed to the Supreme Court, there is only one fate for the U.S. coal industry, according to labor and economic data.

  • Oil refinery

    Saudi Arabia's oil minister declared Tuesday that he was not at war with shale oil drillers, but it's clear the U.S. industry is still under siege.

  • Jose Antonio Gonzalez Anaya, newly appointed CEO of Petroleos Mexicanos (Pemex).

    Persisting low oil prices could be an opportunity for one of Latin America's biggest energy companies.

  • SCRANTON, Pa., Feb 23- Cabot Oil& Gas Co contaminated drinking water for two Pennsylvania families in its rush to begin fracking operations during the state's natural gas boom, a lawyer told a federal jury in Scranton, Pennsylvania, on Tuesday at the start of a civil trial. Leslie Lewis, who represents two families from the town of Dimock, told a six-member jury that...

  • Saudi Arabia's Oil Minister Ali al-Naimi.

    Saudi oil minister Ali Ibrahim Al-Naimi says producers will hopefully reach an output freeze deal, but production cuts will not happen.

  • Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Abdalla Salem El-Badri.

    OPEC and non-OPEC countries are willing to cooperate in order to find a solution to plunging oil prices, Abdalla Salem El-Badri says.

  • The Organization of the Petroleum Exporting Countries headquarters in Vienna.

    An IEA official said that a deal between OPEC nations and Russia will 'make no difference' to oil market fundamentals.

  • Oil refinery

    Since oil prices cratered, no oil-producing country has eliminated as much production as the U.S. The trend should continue until 2017.

  • Floor hands work on an oil rig in the Bakken shale formation outside Watford City, North Dakota.

    Daniel Yergin of IHS says that a deal between oil producers would just be a start in figuring out how to get the oil market back in balance.

  • NEW YORK/ HOUSTON, Feb 19- Activist investors brave enough to have ventured into the volatile energy sector are paying a heavy price for their courage, stuck with hefty paper losses and no near-term recovery in sight. Corvex Management, Elliott Associates and ValueAct Capital are among the largest and most prominent activist firms that have seen the value of...

  • Saudi Arabian Oil Minister Ali al-Naimi.

    Whether oil prices are actually close to stabilizing after months of painful declines depends on one wild card factor.

  • NEW YORK/ HOUSTON, Feb 19- Activist investors brave enough to have ventured into the volatile energy sector are paying a heavy price for their courage, stuck with hefty paper losses and no near-term recovery in sight. Corvex Management, Elliott Associates and ValueAct Capital are among the largest and most prominent activist firms that have seen the value of...

  • Scotland referendum north sea oil and gas Scottish independence

    Drilling for oil in the U.K. has reached a 15-year low, but there are signs of growth ahead, according to industry experts.

  • U.S. OIL DRILLERS CUT RIGS FOR 8TH WEEK IN A ROW -BAKER HUGHES.

  • NEW YORK, Feb 11- Blackstone Group has launched a fund to finance the troubled offshore drilling and services sector, the U.S. private equity firm said on Thursday, anticipating a buyer's market as low oil prices set the stage for restructuring and consolidation. Blackstone's new entity, called Clarion Energy Partners, will be led by former executives of Pride...

  • Oil 'has to go back' to $50 next 12-18 months: Pro

    Nearly every oil company stock is lower again, after the IEA saying the risk of oil prices falling further has increased. This can be fixed through a small amount of demand, and supply discipline, explains Kris Kelley, Janus Capital Group's equity research analyst.

  • A worker at the Lukoil company-owned Imilorskoye oilfield in Kogalym, Russia, January 25, 2016

    Some experts think Russia is the key to resolving the oil glut with OPEC. CNBC's Dina Gusovsky reports on Russia as the oil 'wild card.'

  • Boone Pickens: $50 - $60 oil by year's end

    Boone Pickens, BP Capital founder shares his bullish outlook on oil.

  • Oil worker in Iraq

    Saudi Arabia wants to cooperate with other oil producers to support the market, Al Arabiya reported, citing an unnamed Saudi source.

  • A worker for an oilfield service company works at a drilling site in the Permian Basin oil field on January 20, 2016 in the oil town of Andrews, Texas.

    North American energy companies have just 15 percent of oil and 19 percent of gas production hedged for 2016, according to IHS.