June 2, 2018 Rio Tinto completes sale of Australian coal asset As soon as the sale was completed, Rio received $150 million in cash and is set to get an unconditional cash payment of $50 million due in 12 months.
June 1, 2018 The real barrier to Trump’s coal bailout? His own appointees The members of Federal Energy Regulatory Commission have already thwarted one effort to bail out uneconomic power plants.
May 31, 2018 Indonesia’s Adaro says Australia approves Kestrel coking coal mine deal Under the planned $2.25 billion transaction, Adaro will take a 48 percent stake of Rio's current 80 percent interest in the mine.
May 31, 2018 Emerging market meltdown could undermine oil rally Higher production doesn't necessarily mean higher oil prices are entirely out of the question.
May 31, 2018 Digitization can decrease production cost for oil and gas companies by 10% to 20% Energy producers expected to do more with less while focusing on the environment.
May 31, 2018 From chopping block to ‘core,’ Anglo fires up met coal engine Anglo American Plc is set to boost metallurgical coal capacity at a mine complex in Australia by 25 percent.
May 31, 2018 Mongolia listing boosts investors confidence in Erdene Resource The Halifax, Nova Scotia-based miner also said it had launched an offering of common shares to Mongolian residents, as well as a concurrent non-brokered private placement, which in combination are…
May 29, 2018 RBS to stop financing new coal plants, oil sands or arctic oil projects Britain’s Royal Bank of Scotland said it had tightened restrictions on project finance and general lending for high-carbon energy projects and companies.
May 29, 2018 China is said to mull more US coal imports to cut deficit Chinese officials are currently looking at boosting purchases from West Virginia in particular.
May 25, 2018 Black lung disease cases spike among former US coal miners Miners in recent decades have been over-exposed to dust, a University of Illinois researcher said.
