Wednesday, January 15, 2025

Coal

U.S. coal production employment has fallen 42% since 2011

December 17, 2019

EIA Coal demand has decreased due to the competition of natural gas and renewable technologies. The U.S. Energy Information Administration’s (EIA) Annual Coal Report shows that coal mining employment has declined in the past decade as coal demand has decreased. Most U.S. coal is consumed in the electric power sector and has faced increased competition from electricity generation from natural gas and

Goldman Sachs becomes first major U.S. bank to stop funding Arctic drilling, pulls back on coal

December 16, 2019

Goldman Sachs becomes first major U.S. bank to stop funding Arctic drilling, pulls back on coal

Trump energy pick to face questions on coal, nuclear power

November 14, 2019

Reuters: President Donald Trump’s pick to run the Energy Department, Dan Brouillette, will face questions at his U.S. Senate confirmation hearing on Thursday on issues including the future of coal and nuclear power. Brouillette, 57, a former lobbyist at Ford Motor Co and Louisiana state energy regulator, would replace Rick Perry, who has said he is stepping down on Dec.

Trump Administration Moves to Limit State Powers to Block Pipelines, Terminals

August 9, 2019

From Reuters The U.S. Environmental Protection Agency on Friday unveiled a proposal that would curb state powers to block pipelines and other energy projects, as part of the Trump administration’s effort to boost domestic oil, gas and coal development. The move, swiftly criticized by an organization representing progressive states, comes four months after President Donald Trump ordered the EPA here

Alliance Resource Partners Completes Acquisition of Permian Mineral Interests

August 5, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Alliance Resource Partners Acquires $145 million worth of Permian mineral interests from Wing Resources Alliance Resource Partners L.P. (stock ticker: ARLP), a diversified natural resource company based in Tulsa, Oklahoma, has completed its previously announced acquisition of oil and gas mineral interests in the Permian Basin from Wing Resources LLC and

Contura Energy Appoints New CEO and Board Member

July 30, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Contura Energy selects David J. Stetson as its new CEO and as a member of its board of directors Contura Energy (stock ticker: CTRA), a Tennessee-based coal supplier, has unanimously elected David J. Stetson as the company’s new chief executive officer, as well as a member of its board, effective July

Who Will Bid for Cloud Peak Energy’s Coal Mines in the Powder River Basin?

July 8, 2019

Wyoming’s big coal mines continue to run while company is in bankruptcy From the Casper Star-Tribune The final day to submit bids for assets of Wyoming’s third-largest coal producer is July 8. Cloud Peak Energy, which owns Antelope and Cordero Rojo mines in the Powder River Basin, declared bankruptcy in May. A hearing to approve any sales will take place

Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

As Coal Fades in the U.S., Natural Gas Becomes the Climate Battleground

June 27, 2019

From The New York Times America’s coal-burning power plants are shutting down at a rapid pace, forcing electric utilities to face the next big climate question: Embrace natural gas, or shift aggressively to renewable energy? Some large utilities, including Xcel Energy in the Upper Midwest, are now planning to sharply cut their coal and gas use in favor of clean and abundant

EIA: Renewables Generated More Electricity Than Coal in April

June 26, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Renewables edge out coal for the first time in U.S. history This April, for the first time in U.S. history, monthly electricity generation from renewable sources exceeded that of coal-fired means, according to the EIA. More precisely, coal was responsible for about 20% of the nation’s electricity, whereas renewables such as

Alliance Resource Partners Snags 9,000 Acres in the Permian

June 24, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Wing Resources to sell assets for $145 million Tulsa, Oklahoma-based Alliance Resource Partners, L.P. (stock ticker: ARLP) has entered into a definitive agreement to acquire oil and gas mineral interests in the Permian Basin from Wing Resources LLC/Wing Resources II LLC for a cash purchase price of $145 million. The deal

Germany to Totally Exit Coal

June 5, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Proposal calls for the transition to occur by 2038 A government-appointed coal commission in Germany has laid the groundwork for a plan to phase out the use of coal completely by 2038. The move is coupled with an effort to eliminate nuclear power as well, with the goal of transitioning Germany

Electricity Giants Take Top Seats at Edison Electric Institute - Oil & Gas 360

Xcel Energy Says Goodbye to Coal

May 21, 2019

Company is expanding wind generation, using nuclear energy, adding a natural gas plant Xcel Energy announced plans today to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. Xcel plans to expand wind and solar, using natural gas and operate its carbon-free Monticello nuclear plant until at least 2040. If approved, the plan would

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