Coal – Page 13 – Oil & Gas 360

Coal Mining’s Decline: Bankruptcy Judge Strips Retiree Healthcare and Union Contract, Introduces Virginia Businessman to Wyoming Coal

February 18, 2019

From the Casper Star-Tribune Westmoreland Coal’s path in Wyoming The bankruptcy judge in the Westmoreland case ruled in favor of the coal firm Friday, which had sought to eliminate retiree health benefits and break the Kemmerer coal mine’s union contract. Miners lost on both counts, though now the buyer of the Kemmerer mine will be obligated to bargain a new contract

Power Generators Getting a Lump of Coal this Christmas, says EIA

Michigan Gas Outage Could Bolster Trump’s Bid to Save Coal Plants

February 1, 2019

From Bloomberg A natural gas supply disruption forcing Michigan residents to lower thermostats and automakers to suspend operations could bolster President Donald Trump’s effort to keep coal plants operating possibly by invoking national security powers. The episode began Wednesday when a fire at a compressor station cut off the flow of natural gas from the facility. That prompted Michigan Governor Gretchen Whitmer

U.S.’s Oldest Independent Coal Producer Files Bankruptcy

October 11, 2018

From Power Magazine Colorado-based Westmoreland Coal Co. on October 9 said it had filed for Chapter 11 bankruptcy, with the company reporting more than $1.4 billion in debt. The company in its annual financial report in April of this year said it was considering bankruptcy in an effort to protect it from creditors. Westmoreland, which has operated for 164 years,

Coal Production Cuts Continue with Power Plant Retirements: S&P

September 7, 2018

From IEEFA Coal producers delivered 51.4 million tons of coal, 6.6% of the coal mined in the U.S. in 2017, to power plants scheduled to retire in the next 10 years as a secular decline in domestic demand continues to erode the size of the U.S. coal market. While U.S. producers have had some luck moving their product overseas in

Walls, Windmills, the BRI and Power Lines: What is China’s Long-Term Energy Strategy?

August 29, 2018

From Asia Times China is now the undisputed leader in renewable-energy manufacturing worldwide. Yet along the routes of its Belt and Road Initiative – the largest foreign-investment strategy in history – alternative-clean-energy projects pale in comparison with coal-fired power plants. This has led many commentators to question Beijing’s commitment to renewable energy beyond its borders, but enormous Chinese investments in

Cabot Oil & Gas will be the exclusive provider of natural gas to the Lackawana Energy Center Project, seen here in a rendering

Natural Gas-Power Approaches Record High Usage as Coal Power Sinks

July 16, 2018

From the Casper Star-Tribune Natural gas use is projected to hit near record highs as people crank the air conditioning over the hot summer months, while coal’s share of the electricity mix will remain stagnant. Gas could provide up to 37 percent of electricity demand for June through August, according to the Energy Information Administration, an independent federal agency that

Championing Coal and Nuclear Likely to Take Market Share from NatGas

June 7, 2018

Gas-powered generation companies unhappy about administration’s coal and nuclear power bailout plans From US News President Trump’s most recent move, an announcement last week that his administration will once again try to prop up ailing coal and nuclear plants, drew widespread condemnation from a diverse array of groups and experts across the political spectrum – including the CEO of the country’s

Who Will Bid for Cloud Peak Energy’s Coal Mines in the Powder River Basin? Oil & Gas 360

Wyoming Coal Production Reflects Demand for Higher Heat

May 1, 2018

Nation’s largest two surface mines mostly hold course, others see large drops From the Casper Star Tribune Wyoming mines that produce lower heat coal appear to have struggled in the first quarter of the year while the state’s largest mines held steady, according to early production counts from the U.S. Mine Safety and Health Administration. Powder River Basin coal production

CPP Keep or Kill: Washington to Hear from Coal Country at EPA Clean Power Plan Meeting Tuesday

March 27, 2018

From the Casper Star Tribune The Environmental Protection Agency will hold a listening session Tuesday in Gillette to discuss the Clean Power Plan. The federal agency responsible for the emissions-cutting Clean Power Plan will hold a public meeting today in Gillette, one of only three across the country this season as the agency plans to dissolve the Obama-era rule. The

China Continues Transition to NatGas, Ranks Second in LNG Imports

February 23, 2018

In 2017 China surpassed South Korea to become the world’s second-largest importer of LNG, according to data from IHS Markit and official Chinese government statistics, the EIA said. Driven by government policies designed to reduce air pollution, LNG imports increased by 1.6 Bcf/d in 2017, with monthly imports reaching 7.8 Bcf/d in December 2017. China has been striving to transition

NatGas Will Provide Bulk of U.S. Electricity for at Least Two More Years

January 22, 2018

United States leans away from coal as natural gas powers up to 20 gigawatts in 2018 The EIA’s January 2018 Short-Term Energy Outlook (STEO) forecasted that natural gas will remain the primary source of U.S. electricity generation for at least the next two years. The share of total electricity supplied by natural gas-fired power plants is expected to average 33%

Coal CEO Condemns FERC’s Decision on Power Grid

January 10, 2018

From Whio.com A decision by an independent energy agency to reject the Trump administration’s plan to bolster the coal industry could lead to more closures of coal-fired power plants and the loss of thousands of jobs, a top coal executive said Tuesday. Robert Murray, CEO of Ohio-based Murray Energy Corp., called the action by the Federal Energy Regulatory Commission “a

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