Thursday, August 13, 2026

Coal Magnate Tells Trump to Lower His Expectations about Coal Coming Back

From Power Magazine Although optimistic about the future of the coal industry under the Trump administration, Robert Murray, CEO of Murray Energy Corp., the largest underground coal mining company in the U.S., does not expect the president-elect to bring back coal mining jobs or spur new coal-fired power plant construction. “I’ve asked President-elect Trump to temper his comments about bringing

Athabasca Oil Corporation Acquires Thermal Oil Assets from Statoil ASA

– Acquisition of ~24,000 bbl/d of Stable Production with ~US$44/bbl WTI Break Evens – Establishes Athabasca as a ~40,000 boe/d (90% liquids) Intermediate Producer in 2017 – Upgrades Asset Portfolio and Business Resiliency to Lower Oil Prices – Strong Base Cash Flow Generates a Funded Growth Profile and Accelerates Free Cash Flow Horizon – Attractive Acquisition Metrics of ~$24,000/bbl/d, ~5.8x