Coal – Oil & Gas 360

Republicans declare ‘Coal Week’ as fossil-fuel agenda goes into overdrive

October 20, 2025

(Oil Price) – Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal output and keep aging plants online, the Washington Times reported. The resolution coincides with new executive actions to “reinvigorate” coal, including directives signed in April to boost production and preserve baseload capacity, as outlined in a White House executive order. The message to

Trump administration to expand coal leasing, fund coal plant upgrades

September 29, 2025

(Investing) – WASHINGTON -The Trump administration will expand coal mine leasing on federal lands and provide hundreds of millions of dollars to support more coal-fired power generation, officials said on Monday. The plan is part of a broader effort by the administration to reverse the decline of coal use in the U.S., a fossil fuel that has been hard hit by

Coal prices rebound as China boosts imports

September 18, 2025

(Oil Price) – The prices of key seaborne thermal coal grades rebounded in September from four-year lows in June and July as China ramped up coal imports amid higher summer demand and falling domestic production. After months of declining coal imports earlier this year, with July arrivals down by 23% from a year earlier, China’s coal imports strengthened in August and are set

Exxon says net zero goals have slipped as coal use rises

August 28, 2025

(World Oil)– ExxonMobil said net zero goals for the global energy sector are likely to drift further beyond 2050 due to consumers pushing back against high costs and a revival in demand for coal, the most polluting fossil fuel. Global emissions will fall by a quarter by 2050, far short of the more than two-thirds drop needed to meet Intergovernmental

The coal conundrum: balancing growth and climate goals

July 30, 2025

(Oil Price)– Despite years of climate summits and net-zero targets, global coal consumption and production both hit record highs in 2024. According to the newly released 2025 Statistical Review of World Energy, global coal demand reached an all-time high of 165.1 exajoules (EJ), a powerful reminder of how deeply the world still relies on this carbon-intensive fuel. The Asia-Pacific Powerhouse

How has the U.S. energy use changed since 1776?

July 16, 2025

(EIA) – In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. energy consumption in 2024. Nonfossil fuel energy—from renewables and nuclear energy—accounted for the other 18%. Petroleum remained the most-consumed fuel in the

Trump’s coal comeback goes global

June 6, 2025

(Oil Price) – In a move that fuses domestic revival with international strategy, the Trump administration has greenlit the expansion of Montana’s Bull Mountains coal mine—unlocking nearly 60 million tons of coal destined for key U.S. allies Japan and South Korea. The approval, announced Friday by the Department of the Interior, comes under President Trump’s national energy emergency directive, signaling a bold return

Rockefeller Foundation launches scheme to close coal plants in emerging markets

May 7, 2025

(Oil Price) – The Rockefeller Foundation is launching a Coal to Clean Credit Initiative (CCCI), with which it will aim to support 60 projects by 2030 to help close coal-fired power plants in developing countries. As part of the first efforts of the new initiative, the Rockefeller Foundation will collaborate with ACEN Corporation, GenZero, Keppel, and Mitsubishi for a pilot project

New budget proposal cuts clean energy funding, expands fossil fuel research

May 2, 2025

(Oil Price) – President Trump’s newly released 2026 budget proposal aims to slash over $15 billion in federal support for carbon capture and renewable energy programs, signaling a sharp pivot toward fossil fuels and nuclear energy—and away from climate-focused policy. The White House plan, which proposes $163 billion in total cuts to non-defense spending, also scraps $6 billion in funding for

Trump set to sign executive orders to boost US coal

April 8, 2025

(Investing) – WASHINGTON -U.S. President Donald Trump will sign executive orders on Tuesday to boost the coal industry, a senior White House official and two sources told Reuters, in his latest action that runs counter to global efforts to curb carbon emissions. Coal-burning plants generate less than 20% of U.S. electricity, compared with about 50% at the beginning of the century,

US power firms lift coal pollution to protect profits so far in 2025: Maguire

March 25, 2025

(BOE Report) – U.S. power producers emitted over 304 million metric tons of carbon dioxide (CO2) from power generation over the first two months of 2025, which was the highest for that period since 2019, according to data from energy think tank Ember. The emissions tally marked a 9% rise from the same period last year and was the first

US should restart shuttered coal units, Interior Secretary tells Bloomberg

March 11, 2025

(Investing) – The United States should restart shuttered coal-fired power plants under President Donald Trump’s national energy emergency declaration, Interior Secretary Doug Burgum said in a video interview with Bloomberg News on Monday. Doing so would help the U.S. to meet rising electricity demand that is being fueled by a boom in artificial intelligence, said Burgum, who chairs Trump’s National Energy

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