Coal

To aid collection and distribution of best practices in sustainable methane management in coal mines, UNECE and Poland join to establish an International Centre of Excellence on Coal Mine Methane.

A round-up of some of this week’s key news items from the international coal industry from updates on projects to the latest third quarter results.

Rhino Resource Partners third quarter loss has widened slightly on the previous year.

Foresight Energy reports 3Q15 results and updates its full-year earnings outlook.

Indonesian coal exports could fall below 300 million t in 2016 as producers struggle to make ends meet in the current low-cost environment.

Patriot Coal Corp. has successfully carried out the chapter 11 process and completed Asset Sales to Blackhawk Mining and VCLF.

US coal company, Cloud Peak Energy, has announced a fall in earnings in 3Q15 to US$39 million as demand remains weak in domestic and international markets.

Mississippi Power’s Kemper County energy facility is moving forward with its coal gasification project by successfully completing the first testing of one of its gasifiers.

The largest coal miner in the US, Peabody Energy, has announced a loss of US$304.7 million in 3Q15 as low gas prices continue to subdue demand for coal.

CNX Coal Resources LP reports its financial and operating results for 3Q15.

Consol Energy reports net income of US$119 million for 3Q15. Its coal division produced 7.3 million short t but average sale prices have seen declines compared to 3Q14.

Paul Baruya’s latest report for the IEA Clean Coal Centre, Coal contracts and long-term supplies, examines long-term fuel supply contracts, where they are used and the features that make them attractive to many utilities.

Following Keith E. Alessi’s retirement announcement, Westmoreland Coal has appointed Kevin A. Paprzycki as the new CEO. The company has also made two further promotions within the executive team.

Georgia Power has announced it has joined with other energy companies across the country to stay the EPA’s Clean Power Plan.

Westmoreland Coal reports a steady quarter for 3Q15 with revenues increasing primarily due to the WMLP and Buckingham acquisitions and adjusted EBITDA increasing due to the WMLP and Canadian acquisitions but this was limited by poor weather conditions.