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Coal

 

US coal output to continue to fall in 2016

US coal production will fall by a further 3% in 2016 after a drop of almost 100 million t in 2015, according to the EIA’s latest Short-Term Energy Outlook.

 
 

COP21 and the coal industry

The UN climate change conference (COP21) ended a day late with the adoption of the Paris Agreement. Here’s what it means for coal.

 

Rhino Resource to delist from NYSE

Rhino Resource Partners is to delist from the New York Stock Exchange after its share price and market capitalisation fell below NYSE standards.

 

A week in coal: 7 – 11 December 2015

A round up of the week’s coal news from huge job cuts at Anglo American to the honouring of the world’s cleanest coal-fired power plants at this year’s Advanced Energy for Life Awards.

 

Consol signs coal deals for 2016 – 2018

Pittsburgh-based coal and gas producer, Consol Energy, has signed several coal deals totalling 10.8 million short t over a three year period.

 

Arch Coal risks delisting from NYSE

Arch Coal risks being delisted from the New York Stock Exchange for breaching listing standards after a prolonged slump in its market capitalisation.

 

Westshore Terminals further reducing sales

Following continual declines in thermal coal prices, Westshore Terminals and Global Coal Sales Group are restructuring their agreement for coal volumes for 2016 – 2018.

 
 
 
 

Progressing the Texas Clean Energy project

Summit Power Group signed an EPC agreement with China Huanqiu Contracting & Engineering Corp and SNC-Lavalin Engineers & Constructors Inc. for the Texas Clean Energy project in the US, with financial closing expected in Spring 2016.

 
 

Walter Energy Canada enters CCAA protection

Walter Energy Canada, a wholly-owned subsidiary of bankrupt US coal company, Walter Energy, has obtained creditor protection under the Companies’ Creditors Arrangement Act.