Monday, June 15, 2026

Coal

China’s Crying Need for NatGas—a Discovery in Bohai’s Shallow Water, LNG Demand Booming

December 8, 2017

China on a tear to expand domestic gas output and diversify its natural gas imports China’s quest for natural gas “China supports domestic enterprises to increase natural gas output and at the same time to diversify imports of the resource,” said spokesperson Gao Feng at a regular press conference, Hellenic Shipping News reported. China’s natural gas import is expected to

CONSOL Energy Separates E&P and Coal into Separate Businesses

October 31, 2017

Utica production up 45% Q2 to Q3 2017 CONSOL Energy (ticker: CNX) released its Q3 financials today and announced its division into new subsidiary companies. New companies, new names and ticker symbols The current parent, CONSOL Energy, will change its name to CNX Resources Corporation, and will retain its ticker symbol “CNX” on the NYSE CoalCo will change its name

EPA Chief Pulls Plug on Clean Power Plan

October 10, 2017

For coal the damage is already done, plants are switching to natural gas Today U.S. Environmental Protection Agency (EPA) Administrator Scott Pruitt issued a Notice of Proposed Rulemaking (NPRM) that proposes to repeal the prior administration’s Clean Power Plan (CPP). “After reviewing the CPP, EPA has proposed to determine that the Obama-era regulation exceeds the Agency’s statutory authority,” the agency

U.S. Coal Finds Market in Europe, Gas Too

July 19, 2017

U.S. responsible for 40% of the world’s new gas production by 2022: IEA A report by the EIA indicated that coal exports—for both steam coal, used for power generation, and metallurgical coal, used for refining steel—have increased by 58% from Q1 of 2016 to Q1 of 2017. The majority of the increase was in steam coal, which grew by 6

CONSOL Energy Breaking into Separate Coal and Nat. Gas Companies

July 14, 2017

CONSOL Energy (ticker: CNX), a Pittsburgh based coal mining and natural gas exploration company plans to split the corporation into two separate companies, one focusing on natural gas exploration and production, the other focusing on coal mining. The company’s Pennsylvania Mining Complex, which is comprised of the Bailey, Enlow Fork, and Harvey mines as well as a coal preparation plant,

ETP Simplifies Structure with $20 Billion Sunoco Acquisition

Retirements of Coal, Oil Power Plants Beget Demand for Gas – Especially in Florida

July 10, 2017

Gas pipelines critical to get gas to Florida – state added 3.4 GW of gas-fired power since 2016, another 3.9 GW coming in next 6 years The retirement of older coal and oil-fired power plants in the state has instigated the need for new natural gas generation capacity and, because Florida lacks the appropriate geology for underground natural gas storage,

The War on Coal is Done: Pruitt

April 13, 2017

EPA launches Back-to-Basics agenda at Pennsylvania coal mine U.S. Environmental Protection Agency Administrator Scott Pruitt visited the Harvey Mine in Sycamore, Pa., last week where he announced EPA’s Back-to-Basics agenda, cementing his earlier statement that the new administration has declared an end to the ‘war on coal’. The agenda is a result of Pruitt’s initiative to refocus EPA on its intended mission,

U.S. Issues Coal Lease in Utah: “The Interior Department is in the Energy Business” – Zinke

March 17, 2017

$22 million lease covers 56 million tons of coal in central Utah U.S. Department of the Interior Secretary Ryan Zinke announced the approval of a $22 million coal lease this week. The lease, located on the Greens Hollow tract in central Utah, was issued by the DOI to Canyon Fuel Company, LLC, a subsidiary of Bowie Resource Partners, LLC. On

For Coal to Come Back, 3 Things Must Happen

February 10, 2017

The inevitability of coal’s decline–that perception will probably change: Pipes To set the stage for a coal comeback, one factor is already in place Within minutes after his inauguration, President Trump posted a memo on the White House website entitled “An America First Energy Plan.” The memo said: “President Trump is committed to eliminating harmful and unnecessary policies such as

West’s Largest Coal Power Plant May Close Due To Inexpensive Natural Gas

February 9, 2017

From Forbes The largest coal power plant in the western United States, the Navajo Generating Station near Page, Arizona, may shut down soon due to low natural gas prices, the plant’s operators report. The struggles of the power plant illustrate the changing economics of power generation and new opportunities provided by affordable, low-emissions natural gas. According to the Salt River

Coal Demand Shifting to Asia with Big Implications for Markets

December 22, 2016

As Europe and America consume less coal, China gains greater influence over coal industry In its medium-term coal market report for 2016, IEA reports that global coal demand growth has stalled after more than a decade of 4% annual growth, with demand in 2016 to be below 2013 levels. Consumption decreased for the first time in 2015 as declines in

Canada Wants to Phase Out Coal by 2030

November 23, 2016

Environment Minister Catherine McKenna speeds up Canada’s climate plan; further coal mining jobs in U.S. and Canada at risk Canada will completely phase out coal power by 2030 as part of the country’s goal to meet greenhouse-gas reduction targets. Upon returning from the United Nations-sponsored climate-change conference in Morocco, Canadian Environment Minister Catherine McKenna said coal power in the country

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