Quantcast

Latest Coal Stories

2014-02-06 08:22:51

Achieves Drill Bit Finding Cost of $0.42 per Mcfe PITTSBURGH, Feb. 6, 2014 /PRNewswire/ -- During 2013, CONSOL Energy Inc. (NYSE: CNX) added 1.63 Tcfe (net to CONSOL) of proved reserves through extensions and discoveries. Drilling and completion costs incurred during 2013 directly attributable to extensions and discoveries was $679.7 million. When divided by the extensions and discoveries of 1.63 Tcfe, this yields a drill bit finding and development cost of $0.42 per Mcfe. This...

2014-02-05 16:22:52

MONESSEN, Pa., Feb. 5, 2014 /PRNewswire/ -- A state-based study showing that increasing energy costs are straining the budgets of lower and middle-income Pennsylvanians underlines the need to examine the factors that are driving up costs and compromising the reliability of the electric supply, the Pennsylvania Coal Alliance said today. Alliance CEO John Pippy, reacting to a study commissioned by the American Coalition for Clean Coal Electricity, reiterated his call for legislative...

2014-02-04 16:24:46

CHARLOTTE, N.C., Feb. 4, 2014 /PRNewswire/ -- Work continues today at the Dan River Steam Station in Rockingham County, N.C., to manage the release of ash and ash basin water into the Dan River. (Logo: http://photos.prnewswire.com/prnh/20130322/CL81938LOGO ) "We're working closely with local, state and federal authorities," said Keith Trent, executive vice president. "Company leaders, engineers, scientists, environmental specialists, industry experts and plant personnel assembled at...

2014-02-04 00:20:22

CHARLOTTE, N.C., Feb. 3, 2014 /PRNewswire/ -- Duke Energy (NYSE: DUK) engineers have had some success stemming the flow from an ash pond at Dan River Steam Station. (Logo: http://photos.prnewswire.com/prnh/20130322/CL81938LOGO) A temporary plug periodically mitigated the leakage into the Dan River throughout the day, and a team of experts continues to work on a solution to completely stop the release. Latest calculations by the company estimate 50,000 to 82,000 tons of ash has been...

2014-02-01 23:00:53

Transparency Market Research Report Added "Petroleum Coke Market - Global Industry Size, Share, Trends, Analysis, And Forecasts 2012 - 2018" to its database. Browse Full Report:- http://www.transparencymarketresearch.com/petroleum-coke-market.html Albany, New York (PRWEB) February 01, 2014 Increasing demand for refined petroleum products and the high price difference between heavy and light crude oil are leading to an increase in demand for heavy crude. Availability of crude as...

2014-01-31 16:24:15

CHARLESTON, W.Va., Jan. 31, 2014 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today announced that its Appalachian operations earned 10 prestigious safety and environmental awards in West Virginia, including three of the state's top honors for mine reclamation and mine safety. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) Tygart Valley's Leer mine received West Virginia's top environmental achievement today. The West Virginia Division of Environmental Protection...

2014-01-31 08:21:52

PITTSBURGH, Jan. 31, 2014 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) reported pre-tax income for the quarter ended December 31, 2013 of $16 million. Net income from continuing operations was $147 million as a result of an income tax benefit of $131 million arising out of a reversal of prior quarters' tax provisions. When added to income from discontinued operations, net of tax, of $591 million, CONSOL Energy reported net income of $738 million, or $3.20 per diluted share, in the...

2014-01-30 08:24:12

- Peabody achieves record 2013 safety results and $340 million of cost savings ST. LOUIS, Jan. 30, 2014 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today reported full-year 2013 revenues of $7.01 billion, leading to Adjusted EBITDA of $1.05 billion. In 2013, the company achieved $340 million of cost savings, reduced capital investments by 67 percent and generated $722 million of operating cash flow. "Peabody delivered on our 2013 objectives, with notable operating performance, structural cost...

2014-01-29 12:22:50

ST. LOUIS, Jan. 29, 2014 /PRNewswire/ -- Following U.S. President Obama's State of the Union address, Peabody Energy (NYSE: BTU) urges the Administration to adopt energy policies that help families and businesses by capitalizing on greater use of coal, America's true all-of-the-above energy advantage. Coal is the nation's lowest cost and most abundant energy resource. This past year, coal generation rebounded 5 percent due to its lower costs, while gas generation fell 11 percent....

2014-01-28 16:21:11

MONESSEN, Pa., Jan. 28, 2014 /PRNewswire/ -- As consumers brace for considerably higher electric bills in the coming weeks, the Pennsylvania Coal Alliance called for legislative hearings to investigate the reasons for the supply shortages that are causing prices to spike. Last week PJM Interconnection, which operates the regional power grid, asked the Federal Energy Regulatory Commission for emergency approval to exceed a $1,000 per megawatt-hour price cap on the suddenly needed...


Latest Coal Reference Libraries

28_b6d8369d3cd22b9f7d915b14278a4ed3
2005-05-26 11:24:59

Coal is a fossil fuel extracted from the ground either by underground mining, open-pit mining or strip mining. It is a readily combustible black or brownish-black sedimentary rock. It is composed primarily of carbon and hydrocarbons, along with assorted other elements, including sulfur. Often associated with the Industrial Revolution, coal remains an enormously important fuel and is the most common source of electricity world-wide. In the United States, for example, the burning of coal...

More Articles (1 articles) »
Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
Related