Coal

BHP Billiton has announced changes to the Group Management Committee. The changes will be in effect from 1 July and 1 August 2015.

The US Supreme Court’s decision to rule the US Environmental Protection Agency’s refusal to consider costs of power plants when regulating plants as unreasonable has been met with praise.

Dr Albert Obanor has encouraged the President of Nigeria to reduce the country’s reliance on natural gas by reviving the Nigerian coal industry.

While US coal production continues its recovery this week ending 20 June, it is still on a yearly decline, according to the US Energy Information Agency.

Duke Energy has suggested full excavation of an additional 12 coal ash basins in North Carolina, making a total of 24 Carolina basins that it is willing to close by removing ash from its current storage locations at each power plant.

Triple Energy, Australia will begin drilling for coalbed methane in China’s Heilongjiang province soon.

An international commodities marketing and trading enterprise, Javelin Global Commodities, has been launched by a group formed of leading coal marketing and trading, coal production and sales, and electric power generation entities.

It is reported that 3Q15 metallurgical coal contracts between Australian coal miners and Japanese steel producers have dropped 15%.

Tighter self-bonding requirements for US coal companies could speed up coal industry restructuring in the US, as it would further reduce company liquidity.

Hal Quinn, President and CEO of the US National Mining Association, has criticised current regulatory actions against the coal industry as “policy-based asset destruction”.

According to the latest report from the US Energy Information Agency (EIA), coal production continued to decline y/y for the week ending 13 June.

The co-chairmen of the West Virginia Coal Forum have called on Governor Earl Ray Tomblin to "forestall the closures" of six of the state's coal-fired power plants.

At the Wyoming Association’s Annual Safety and Reclamation Banquet, Cloud Peak Energy’s Cordero Rojo mine will be awarded the 2015 State of Wyoming Reclamation Award.

El Nino related weather patters in South and Southeast Asia are boosting demand for coal, raising benchmark prices in Australia by 8% since the beginning of June.

The American Coal Council has released a statement responding to Pope Francis’ recent encyclical on the environment.