Patriot Coal carries out its plan of reorginisation
Patriot Coal Corp. has successfully carried out the chapter 11 process and completed Asset Sales to Blackhawk Mining and VCLF.
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.
The US EPA Region 7 gave conditional approval to the State of Kansas’ plan to implement rules for the safe disposal of coal ash from coal-fired power plants.
The Board of Directors of Peabody Energy has elected Robert A. Malone to the non-executive role of Chairman of the Board, effective 1 January 2016.
Despite low costs of production, it is Indonesian producers that are doing much of the leg work to rebalance the seaborne thermal coal market.
Anglo American reports increases in export metallurgical coal production in Australia, yet thermal coal production was relatively flat. Higher production at Cerrejón helped offset lower production from South Africa.
South32 reports a small rise in Illawarra metallurgical coal production and a slight decline in South Africa thermal coal production for the September 2015 quarter.