Saturday, January 4, 2025
Fracing

West Virginia’s Coal Industry is Reeling – Will Shale Gas Take Its Place?

An Exclusive Interview with Keith Burdette, Secretary of Commerce for West Virginia Coal has powered West Virginia’s economy for centuries. Generations of West Virginians have come and gone in the Mountain State, and its stalwart blue-collar coal industry continuously attracts the next wave of young people in search of a career in the rolling hills of Appalachia. But the latest generation

coal mine Wyoming

Waning Coal Demand in Asia Pushes Global Trade Down for the First Time in 21 Years

Coal loses support as demand in China falters The global coal trade declined for the first time in 21 years in 2014, and likely contracted further this year as well, according to information from the Energy Information Administration (EIA). The global coal trade grew rapidly from 2008 to 2013 as demand in Asia picked up to support expanding economies in

Encana

Noble Postpones IPO of Midstream MLP

Noble Energy sites weak markets Houston-based Noble Energy (ticker: NBL) announced today that it will postpone an IPO of its wholly owned subsidiary Noble Midstream Partners, which the company planned to list on the New York Stock Exchange with the ticker NBLX. According to Noble, the company made the decision “as a result of unfavorable equity market conditions.” Noble said

Business Roundtable: “Strategic Changes” Needed for U.S. Energy Policy, Economy

Technological advances in the oil and gas industry have reformed the United States economy, but government policies are preventing the business sector from reaching its full potential. That is the assessment of the Business Roundtable, based on a 31-page report released on November 17, 2015. “Powering Forward; North America’s Energy Resurgence” began by detailing the tremendous leaps accomplished by the

Oil Prices

Oil Rigs Take Another Dip

Total rig count falls to 757 as oil rigs resume trend downward The United States total rig count fell again this week, continuing a trend started last year when OPEC announced it would not defend oil prices. The total rig count fell by 10 this week to 757, with all of the last rigs coming from the oil patch, according