Pummeled by oil bets, Freeport and Teck get some crude reward

A forest of fossils that is being compared to a "vegetational Pompeii" is under threat from coal mining, says a story in China Daily.

Sinopec Group, China’s second biggest oil and gas producer, announced it has launched its first shale gas project, expecting to produce 300 to 500 million cubic metres a year by the end of 2012, said the conglomerate on Tuesday.

Brazilian tycoon Eike Batista just got richer. CCX, a division of the billionaire’s EBX Group energy arm MPX, announced it has completed a study of coal reserves in the San Juan underground mines in Colombia, discovering a 672 million tons reserve, the fifth largest coal deposit in the world.

India is not China when it comes to successful acquisitions of foreign mining companies, reports the Wall Street Journal.

Humpback whales may be the main victims of Australia's thriving coal industry, according to a study published on the May issue of the Marine Ecology Progress Series journal.

Recent news that President Obama's re-election web page on energy policy didn't include coal on the list of "all of the above" energy sources sparked outrage in coal-producing states like Kentucky, Virginia, West Virginia, Ohio and Pennsylvania.

Canadian company Cameco, the world's largest uranium miner, has signed a deal to buy Nukem Energy, a German company that trades nuclear fuel products and services, for $136 million in cash plus debt.

Australian mining billionaire Clive Palmer is threating to sue the Sydney Morning Herald, one of the most respected daily newspapers in Down Under, for $50 million over "totally false and improper claims" about his China First coal mine.

Teachers are being offered all-paid, six-day field trips to experience the Alberta oil sands.