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Coal

 
 
 
 

Arch Coal files for bankruptcy protection

Arch Coal has become the latest victim of the coal downturn in the US, filing for Chapter 11 bankruptcy protection under a plan to restructure its debt.

 
 
 
 
 
 

Crude oil prices end low for 2015

Crude oil prices for 2015 started low and ended lower at below US$40/bbl, reflecting the continual oversupply of crude oil in relation to global demand.

 

CNX Coal Resources updates 2016 outlook

CNX Coal Resources LP has announced that in response to the ongoing uncertainty in coal markets, it is reducing its expectations for 2016 coal sales to 4.4-5.2 million t.

 

Board recommends Chinese investment

An AUS$7 million investment in TerraCom by Chinese company, SPG, is necessary to ensure the company can continue in business.