According to the new policy, AXIS will not provide insurance or facultative reinsurance for new thermal coal or tar sands extraction and pipeline projects and their dedicated infrastructure.
Research and development resulting from the Coal FIRST initiative will underpin coal-fired power plants that are capable of flexible operations to meet the needs of the evolving grid.
The keynote focused on state-of-the-art energy R&D, and scientific and technological initiatives related to fossil energy that bring together multidisciplinary teams to meet some of the nation’s most important energy challenges.
The forbearance agreements are expected to allow Murray Energy to continue discussions with its lenders about various strategic options to strengthen the company’s business.
Paringa has commenced shipping coal to its second customer OVEC-IKEC, with coal procured by AEP on behalf of OVEC-IKEC.
The credit facility was amended to permit the company's pending PRB/Colorado joint venture with Arch Coal.
The U.S. Department of Energy and NETL have announced US$110 million in federal funding for three R&D projects.