Rio brushes off Glencore latest offer for coal mines, sticks with Yancoal

Over the next decade, US power companies have planed to permanently retire nearly 28,000 megawatts of coal-fired generating capacity.

Confidence levels in the sector have improved dramatically over the last 12 months, reaching a two-year high.

More permanent legislation a strong possibility.

The Wood Buffalo Environmental Association has barely enough to keep running until the end of January.

Analysts say the situation is nothing but a reminder of the thin dividing line between China’s banks and its “shadow” lending industry.

The expansion would help increase Canadian crude exports to Asian and US markets.

The CEO of world number two miner Rio Tinto said the quality of Chinese mining equipment is catching up and in some instances surpassing that of the major US manufacturers.

The companies have signed an agreement to test a new truck engine which would run on liquefied natural gas rather than diesel.

Mainly thanks to improvements in the techniques of horizontal drilling and fracking, says the EIA.