US coal news
Paringa Resources commences coal sales to second customer
Paringa has commenced shipping coal to its second customer OVEC-IKEC, with coal procured by AEP on behalf of OVEC-IKEC.
Paringa appoints new Executive Advisor
A new and experienced Executive Advisor has been appointed to the Paringa Resources Board.
Peabody completes upsizing on US$565 million revolving credit facility
The credit facility was amended to permit the company's pending PRB/Colorado joint venture with Arch Coal.
U.S. Department of Energy announces US$110 million for CCUS
The U.S. Department of Energy and NETL have announced US$110 million in federal funding for three R&D projects.
EPA proposes plans for Quendall Terminals cleanup
The EPA will take public comments on the proposed plans 9 September through 9 October.
Coal's decline could cost US railroads billions in revenue by 2030, says Moodys
Moody's says in a new report that the projected drop in coal demand from US utilities by more than 50% by 2030 will weigh on US railroads significantly.
EIA: over 40% of US coal is supplied by 16 Powder River Basin mines
According to a recent report by the EIA, over 40% of coal produced in the US comes from 16 mines in the Powder River Basin.
NTEC purchases all assets of Cloud Peak Energy
NTEC has expanded its conscientious energy development efforts by acquiring three coal mines in the Powder River Basin.
American Resources Corp. reports 2Q19 financial results
American Resources Corp. has reported its second quarter results for 2019, with a key highlight being a significant increase in total revenues compared with the corresponding period in 2018.
America’s Power defends ACE rule
America’s Power wants to help EPA defend the new ACE rule against others who prefer extreme regulation.