Tag: Coal

Energy, Industries

Russia sends more energy to Asia as Europe cuts back

September 6, 2022

Via: ABC News

Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in […]

Energy, Industries

Crude jumps on global energy crunch; U.S. oil at 7-year high

October 11, 2021


Oil prices rose more than $2 on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers. Brent crude was up $2.17, or 2.6%, at $84.56 a barrel […]

Energy, Industries

Why U.S. Miners Are Still Digging New Mines as Coal Prices Plunge

November 12, 2019

Via: Fortune

As coal prices tumble and bankruptcies rise, a few U.S. miners are still pushing ahead with plans to expand. Arch Coal Inc. and Consol Energy Inc. remain on track to open new mines to dig steelmaking, or metallurgical, coal from […]

Energy, Industries

Coal workers fight for benefits as industry struggles under Trump

August 21, 2019

Via: NBC News

WASHINGTON — Dozens of retired miners, some in wheelchairs and using oxygen tanks to manage black lung disease, recently visited the Capitol seeking federal help for their failing pension plans. A day later, President Donald Trump traveled to the miners’ […]

Energy, Industries

How ‘Clean’ Coal Subsidies Have Let Wall Street and the Energy Industry Clean Up With Profits

December 4, 2018

Via: Fortune

“Clean coal” subsidies have let Wall Street and the energy industry make a lot of money at taxpayer expense, as several new reports suggest. The term “clean coal” refers to two entirely separate technologies. One is the chemical treatment of […]

Energy, Industries

Here’s A Sign That The Coal Industry May Be In Trouble

March 8, 2016

Via: The Huffington Post

This week brings us yet another indicator that coal may be on the decline worldwide. JPMorgan Chase announced on March 4 that it will curtail the amount of coal projects it finances worldwide. The bank joins several competitors, including Citigroup, Morgan Stanley, Wells […]