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Oil and Gas Coal and Consumable Fuels

  • LONDON, April 7- U.S. coal producers can look forward to an increase in production and jobs during 2017/ 18 as the industry recovers from the depression of 2015/ 16.. Coal production slumped from 1 billion tons in 2014 to just 739 million tons in 2016, according to the U.S. Mine Safety and Health Administration. The three months between December 2015 and February 2016...

  • MANILA, April 6- A powerful cyclone in Australia has put supply of coking coal at risk, forcing big buyers like China and Japan to scour the world for alternative supplies and fueling a rally in prices as the world's top exporter braces for lost business. Russia, Mongolia, Mozambique and the United States would benefit from Australia's disrupted supply as steel...

  • *Nexen reduces output at Long Lake by 48 percent- sources. CALGARY, Alberta/ NEW YORK, April 6- Two oil sands producers in northern Alberta have cut production at their facilities due to a shortage of synthetic crude, market sources said on Thursday, causing Canadian and U.S. crude prices to surge to multi-year highs. CNOOC Ltd subsidiary Nexen Energy, which likewise...

  • *Syncrude oil sands in Alberta shut after fire. NEW YORK, April 6- Oil prices rose by 1 percent on Thursday, posting a fourth straight day of gains, but analysts remained cautious about record-high U.S. crude inventories. Brent crude futures settled up 53 cents, or 1 percent, at $54.89 a barrel.

  • WASHINGTON, April 6- The chief executive of U.S. coal mining company Cloud Peak Energy urged President Donald Trump in a letter on Thursday to help shape global climate policies by keeping the United States in the Paris climate accord. The deal, agreed by nearly 200 countries in Paris in 2015, seeks to limit planetary warming by cutting emissions of carbon...

  • *Syncrude oil sands in Alberta shut after fire. NEW YORK, April 6- Oil prices rose more than 1 percent on Thursday, on track for a fourth straight day of gains, but analysts remained cautious about record-high U.S. crude inventories. Brent crude futures gained 61 cents, or 1.1 percent, to $54.97 a barrel by 2:21 p.m. EDT.

  • *Syncrude oil sands in Alberta shut after fire. NEW YORK, April 6- Oil prices rose nearly 1 percent on Thursday, on track for a fourth straight day of gains, but analysts remained cautious about record-high U.S. crude inventories. Brent crude futures gained 43 cents, or 0.8 percent, to $54.80 a barrel by 10:57 a.m. EDT.

  • MANILA, April 6- A powerful cyclone in Australia has put supply of coking coal at risk, forcing big buyers like China and Japan to scour the world for alternative supplies and fueling a rally in prices as the world's top exporter braces for lost business. Russia, Mongolia, Mozambique and the United States would benefit from Australia's disrupted supply as steel...

  • President Donald Trump has promised to end "the war on coal" waged by the previous administration and help put coal miners back to work. In practice, coal production and employment have been victims of the shale gas revolution rather than government regulation. Coal-fired power generation has been steadily losing market share to natural gas since 1988,...

  • President Donald Trump has promised to end "the war on coal" waged by the previous administration and help put coal miners back to work. In practice, coal production and employment have been victims of the shale gas revolution rather than government regulation. Coal-fired power generation has been steadily losing market share to natural gas since 1988,...

  • CALGARY, Alberta, April 5- The 350,000- barrel-per-day Syncrude oil sands project in northern Alberta, which cut production to zero after a fire, is expected to restart operations in the first week of May, according to three sources familiar with the matter. The unexpected outage sent crude prices soaring in Canada, with light synthetic crude from the oil sands...

  • President Donald Trump has promised to end "the war on coal" waged by the previous administration and help put coal miners back to work. In practice, coal production and employment have been victims of the shale gas revolution rather than government regulation. Coal-fired power generation has been steadily losing market share to natural gas since 1988,...

  • President Donald Trump has promised to end "the war on coal" waged by the previous administration and help put coal miners back to work. In practice, coal production and employment have been victims of the shale gas revolution rather than government regulation. Coal-fired power generation has been steadily losing market share to natural gas since 1988,...

  • Coal miners in Beallsville, Ohio.

    When it comes to jobs and automation, coal miners know more than you think, says Jake Novak.

  • Utility companies aren't sold on Trump's pledge to end the 'war on coal'

    The biggest consumers of coal in the U.S. aren't convinced of Trump's pledge to end the 'war on coal'

  • SYDNEY, April 5- BHP Billiton, the world's biggest shipper of coking coal, said on Wednesday it won't meet its export commitments from cyclone-struck northeast Australia, while hard running floodwaters threaten to delay repairs to rail lines. Landslides at a mountain pass on the railway connecting coking coal mines in Queensland state to ports have halted...

  • SYDNEY, April 5- BHP Billiton, the world's biggest shipper of coking coal, said on Wednesday it won't meet its export commitments from cyclone-struck northeast Australia, while hard running floodwaters threaten to delay repairs to rail lines. Landslides at a mountain pass on the railway connecting coking coal mines in Queensland state to ports have halted...

  • Coal smoke and steam vapor pour out of a power plant in Shippingport, Pennsylvania.

    When President Donald Trump signed an executive order last week to sweep away Obama-era climate change regulations, he said it would end America's "war on coal."

  • LAUNCESTON, Australia, April 5- The vast steel sectors of China, Japan and South Korea are bracing for surging coking coal prices after Cyclone Debbie wreaked havoc across the main mining areas of top producer Australia, but their worst fears may not be realized. Cyclone Debbie hit the northeastern state of Queensland last week as a Category Four storm, the...

  • WASHINGTON/ LOS ANGELES/ NEW YORK, April 5- When President Donald Trump signed an executive order last week to sweep away Obama-era climate change regulations, he said it would end America's "war on coal," usher in a new era of energy production and put miners back to work. Reuters surveyed 32 utilities with operations in the 26 states that sued former President...