Peabody gets $534 million margin call on coal

Norwegian pension fund manager KLP has sold $366m of bond and equity exposure in 46 companies, including leading miners BHP and Anglo American.

A law set to pass in June will see the Norwegian Oil Fund divest more from coal, and invest over $20B in renewable energy.

Oil recovered from early declines after U.S. President Donald Trump threatened to escalate his trade war with China.

Kyrgyzstan's parliament voted on Thursday to ban uranium exploration and mining despite previously issuing licenses to foreign companies such as Canada's Azarga.

President Andres Manuel Lopez Obrador has pledged to recover the 63 remaining bodies of miners killed in the Pasta de Conchos mine explosion in 2006.

For 10 days, refiners and oil firms in Europe cut purchases of Russian oil by up to a million barrels a day after finding out crude from the Druzhba pipeline network was heavily contaminated.

The uranium producer logged a C$18.3 million loss in the first quarter of 2019, compared with a profit of C$57.8 million a year ago.

This will allow the miner to increase Cameby Downs thermal coal mine's output from 2.8 million tonnes a year to 3.5 million.

The groups argue that damage to human health and the environment caused by the projects would exceed the benefits of cheap power.