Coal – Oil & Gas 360

Diversified Energy announces strategic bolt-on acquisition of complementary producing & midstream assets in the Appalachian Basin

January 6, 2025

(Oil & Gas 360) – Production Economics Expected to Benefit from Diversified’s Regional Presence and Scale Acquisition Grows Coal Mine Methane Revenue Generation Potential BIRMINGHAM, AL / ACCESSWIRE / January 6, 2025 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) (“Diversified” or the “Company”) is pleased to announce the acquisition of operated natural gas properties and related facilities located within Virginia, West Virginia, and

World coal demand and exports set for new record highs in 2024

December 10, 2024

(Oil Price) – The world’s consumption and exports of thermal coal are expected to rise this year from 2023 to hit fresh record-highs, according to export and power generation data cited by Reuters columnist Gavin Maguire. Coal-fired electricity generation has increased so far this year by 2% compared to 2023, to hit new highs as power demand in emerging markets grows. Coal power

No Wyoming coal for stockings this Christmas?

November 19, 2024

(Oil & Gas 360) – It appears that a Christmas miracle of sorts would be required if Wyoming is to keep a 32-year coal production streak alive. Coal, for decades the biggest source of revenue for the Cowboy State, is going to struggle to meet a 200 million metric ton production level for 2024. Failure to do so would mark the

US grants $428 million to clean energy projects in communities that relied on coal

October 22, 2024

(Investing) – WASHINGTON – The U.S. on Tuesday announced $428 million in grants to build or expand battery manufacturing and recycling plants and other clean energy manufacturing in communities that have been hit hard by recent closures of coal mines and power plants. WHY IT’S IMPORTANT The administration of President Joe Biden and Vice President Kamala Harris, the Democratic candidate in

US Supreme Court declines to pause EPA mercury, methane rules

October 4, 2024

(CNBC) – Washington — The Supreme Court on Friday allowed the Environmental Protection Agency to continue enforcing for now a new rule that set more stringent standards on emissions of mercury and other toxic metals from coal-fired power plants. The court declined a request for emergency relief sought by nearly a dozen states and the energy sector, which had argued the EPA’s new standards

The coal that powered an empire is no more

September 27, 2024

(Oil & Gas 360) – Despite some of the highest electricity prices in the world, the United Kingdom is relegating coal to the ash heap of history as it closes the doors on the Ratcliffe-on-Soar Power Station in north-central England. The plant was commissioned in 1970 with a net electrical output of 2,000 megawatts. October 1 will mark the

Tony Robbins touts two hundred million for…coal!

September 19, 2024

(Oil & Gas 360) – Tony Robbins has applied his prodigious power of positive thinking to possibly resuscitate old coal plants with their coal while eliminating emissions. The technology purportedly converts coal into hydrogen, powering old coal-fired plants. The scientist luring Robbins to invest $200 million into the premise is Simon Hodson, whose prior work with coal titan Consol Energy

AI and the grid with natural gas and coal to the rescue?- oil and gas 360

AI and the grid, natural gas and coal to the rescue?

July 31, 2024

Oil and Gas 360 “Knowledge workers” anticipating a cheap energy/low emissions post-industrial work-from-home economy are having to confront the need for more industrial production of natural resources and infrastructure as the energy needs for the data centers making their work possible via the internet, cloud and now Artificial Intelligence (AI) are growing exponentially. Data centers are increasingly recognized as another

Global electricity demand is soaring

July 19, 2024

Oil Price Economic growth, higher demand for cooling amid heat waves, the rapid rise of data centers, and continued electrification are set to push the growth in global electricity demand to one of the highest paces in the past 20 years in 2024 and 2025, the International Energy Agency (IEA) said on Friday. Electricity demand is set for growth of about 4%

G7 nations discuss phasing out coal-fired electricity by 2035

April 29, 2024

Oil Price The G7 group of the world’s most industrialized nations are discussing a common target to end their coal-fired power generation by 2035 at an energy ministers’ meeting in Italy, a source close to the talks told Reuters on Monday. The energy, climate, and environment ministers of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States are meeting between Sunday

Baltimore coal exports blocked after bridge collapse

March 27, 2024

Oil Price Baltimore Port’s coal exports are likely to be blocked for weeks after the collapse of the Francis Scott Key Bridge on Tuesday, according to a Pennsylvania coal trading firm. The bridge collapsed early on Tuesday after a cargo ship lost power and slammed into the construction, which crumbled within seconds and will disrupt navigation near the Baltimore port, which is

U.S. exports of steam coal reached 5-year high in 2023

February 1, 2024

Oil Price Lower domestic coal consumption and higher demand in Asia pushed U.S. exports of thermal coal in 2023 to the highest level since 2018, Reuters reported on Thursday, quoting data from ship-tracking firm Kpler. The United States exported last year more than 32.5 million metric tons of thermal – or steam – coal, used primarily in electricity generation, per the data

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