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09/12/2017 Coal: News Stories

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U.N. Security Council steps up sanctions on defiant North Korea | Reuters

...... is no longer willing to put up with provocative behaviour from this regime". U.N. member states are now required to halt imports of textiles from North Korea, its second largest export after coal and other minerals in 2016 that totalled $752 million and accounted for a quarter of its income from trade, according to South Korean data. Nearly 80 percent went to China. "This resolution also ......

(880 words by reuters.com)
(09/12/2017)

[Show/Hide 3 Additional Articles]
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4 Articles

SBI Life to launch India's first billion dollar IPO in seven years | Reuters

...... to an 8 percent stake, or 80 million shares, in SBI Life, while BNP Paribas Cardif is selling up to a 4 percent stake, or 40 million shares. SBI Life’s IPO is the biggest since state-run Coal India’s 155 billion rupee ($2.4 billion) IPO in 2010 and market participants expect 2017 to be a record-setting year for India, with fund-raising from IPOs exceeding 2010’s $8.5 billion. ......

(271 words by reuters.com)
(09/12/2017)

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2 Articles

Trump says tougher steps needed on North Korea after new U.N. sanctions | Reuters

...... to stiffen sanctions on Chinese firms and any country doing business with Pyongyang. At the hearing, U.S. officials released intelligence findings they said showed how North Korea smuggles coal and other commodities to Russia and China. Additional reporting David Lawder, David Brunnstrom, Matt Spetalnick, Patricia Zengerle and John Walcott in Washington; Stephanie Nebehay in Geneva; ......

(913 words by reuters.com)
(09/12/2017)

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2 Articles

Power costs from UK mini nuclear plants similar to offshore wind - Rolls-Royce | Reuters

...... Rolls-Royce said on Tuesday, providing another potential option for a country struggling to get big nuclear projects off the ground. Britain needs to invest in new capacity to replace ageing coal and nuclear plants that are due to close in the 2020s, but the costs involved have seen large nuclear projects delayed or run into trouble. Offshore wind has plummeted in cost over the past few ......

(345 words by reuters.com)
(09/12/2017)
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COLUMN-Exxon Mobil's deal to cut India LNG prices is actually quite good: Russell | Reuters

...... from traditional buyers such as South Korea and China, and also from emerging players like Pakistan, Sri Lanka and Bangladesh. It also appears LNG is to some extent winning the battle with coal when it comes to building electrical generation in Asia, with its current price disadvantage offset by its lower pollution levels and coal’s greater political and social unpalatability. The ......

(753 words by reuters.com)
(09/12/2017)
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China stock indexes inch up, new energy auto firms shed big gains | Reuters

...... out preliminary reports forecasting a rise in third-quarter profits, China Securities Journal said. Zhou Yu, strategist at Pacific Securities, said he expects upstream sectors including steel, coal, non-ferrous metal and petrol could continue to attract buying interest in light of steady gains in profitability. (Reporting by Luoyan Liu and John Ruwitch; Editing by Richard Borsuk) ......

(176 words by reuters.com)
(09/12/2017)
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South Africa's NUMSA union demands 15 percent wage hike in coal sector | Investing Home | Reuters

...... JOHANNESBURG (Reuters) - The National Union of Metalworkers of South Africa (NUMSA) has demanded Glencore raise coal mining wages by 15 percent, NUMSA said on Tuesday, almost triple the inflation rate of 4.6 percent. NUMSA also said it was pushing for an increase of 20 percent in all allowances. The union is scheduled to meet with the Chamber of Mines on Tuesday to discuss wages. ......

(61 words by reuters.com)
(09/12/2017)
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Switzerland widens investigation into Gunvor Congo Republic deal | Top News | Reuters

...... and holds stakes in upstream ventures, oil infrastructure and mining companies. Historically a Russia-focused oil trader, it shed its Russian assets, added global offices and expanded into coal, liquefied natural gas, biofuels, power and emissions. ......

(280 words by reuters.com)
(09/12/2017)
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'Last Week Tonight with John Oliver' renewed through 2020 - Sep. 12, 2017

...... accolades, including eight Primetime Emmy nominations for this month's award ceremony. Oliver was recently hit with a defamation lawsuit by Robert Murray, the CEO of one of America's largest coal companies, over a segment in which the host railed against President Trump's attempt to bring back the coal industry. The suit named Oliver, the show's production company, his senior news producer ......

(333 words by cnn.com)
(09/12/2017)
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North Korea Russia China US sanctions nuclear missile - CNNPolitics

...... These vessels have been spotted entering North Korean ports with their transponders turned off in violation of international law, Billingslea said. They have then been seen loading cargo such as coal, sailing to a Russian port where the coal is offloaded and then put on a vessel bound for China. Thornton said greater international cooperation in enforcing existing sanctions and applying pressure ......

(1057 words by cnn.com)
(09/12/2017)
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Climate change action: Understanding Republicans' opposition - CNNPolitics

...... because they view it as an example of governmental regulatory overreach. Financially, the GOP hesitates to act because it receives the vast majority of the campaign contributions from oil, gas, coal and other energy industries. (In the past three elections, the oil and gas industry has directed nearly 90% of its campaign contributions to Republicans, and the coal industry channeled at least 96% ......

(1352 words by cnn.com)
(09/12/2017)
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Appalachian poor, left out of health debate, seek free care - ABC News

...... includes eastern Kentucky, southern West Virginia and western Virginia has long been one of the sickest and poorest regions in the country. More recently, it has been ravaged by the decline of coal mining. "Everything revolved around coal," said Matt Sutherland, a frequent visitor to the clinic from Castlewood, Virginia. "Now there's not a lot of work, not a lot for people to do." People ......

(926 words by go.com)
(09/12/2017)

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6 Articles

Transcript: Hillary Clinton's Interview With Morning Edition On 'What Happened : NPR

...... start our conversation about your new memoir by asking you to recount a particular event. This is a campaign event that you did in Mingo County, West Virginia, a town called Williamson. This is coal country, and you had met many voters there weren't happy with you. They were angry over comments that you had made around that time about wanting to "put a lot of coal miners and coal companies out ......

(4581 words by npr.org)
(09/12/2017)
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'What Happened': Hillary Clinton Is 'Done,' But Not Going Away : NPR

...... do well is conveying how much I understood of that, conveying how I got the despair and the anger." Clinton had plans so many plans for combating the opioid crisis, for helping people in coal country, for creating jobs through infrastructure spending and more. "I talked about it, but I didn't really convey the emotional resonance," she said. While Trump was sending a signal to voters ......

(1948 words by npr.org)
(09/12/2017)
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If Trump gets 3% growth, only the stock market will be cheering - MarketWatch

...... economic agenda through the Congress, the growth effects are not likely to be felt until well into 2018. To be sure, Trump has eviscerated the Environmental Protection Agency (which has helped coal mining), softened financial oversight (great for bank stocks), and has shown little interest in anti-trust enforcement (a welcome development for tech monopolies like Amazon AMZN, +0.46% and Google ......

(864 words by marketwatch.com)
(09/12/2017)
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Pol: 10.79%
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Lawmakers move to add other states to oversight of California's electric grid - LA Times

...... of billionaire investor Warren Buffett, whose vision includes building more wind power facilities in places such as Wyoming to help meet electricity needs in Los Angeles. But PacifiCorp, a coal-heavy utility that is owned by Buffett's Berkshire Hathaway and operates in Northern California as well as neighboring states, has drawn the ire of critics of the expansion effort. For its part, ......

(1033 words by latimes.com)
(09/12/2017)
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Australia: Strong overseas demand for Australia coal deprives local utilities of fuel - Times of India

...... * Asia demand for coal strong, stoked by less-polluting plants * Means less coal available for power utilities in Aus -sources * Comes as Aus grapples with uncertainty over electricity supply By James Regan SYDNEY, Sept 12 (Reuters) - Strong Asian demand for coal from Australia is depriving domestic power generators of fuel and driving electricity prices higher, energy providers and ......

(447 words by indiatimes.com)
(09/12/2017)
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SBI Life to launch India's first billion dollar IPO in seven years - Times of India

...... * IPO to open Sept 20, close Sept 22 * Sets price range of 685 rupees to 700 rupees a share -sources * SBI Life IPO India's biggest since Coal India's 2010 listing (Adds details, milestone) By Devidutta Tripathy and S. Anuradha MUMBAI, Sept 12 (Reuters) - India's SBI Life Insurance Co Ltd will launch an initial public offering next week to raise as much as $1.3 billion, sources with ......

(322 words by indiatimes.com)
(09/12/2017)
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motiva port arthur: Motiva Port Arthur refinery CDU, HCU run at reduced rates -sources - Times of India

...... hydrogen to convert gas oil into motor fuels, primarily diesel. There are two cokers at the refinery. The cokers convert residual crude oil into feedstock for motor fuels or petroleum coke, a coal substitute. (Reporting by Erwin Seba; Editing by Chizu Nomiyama and Marguerita Choy) ......

(286 words by indiatimes.com)
(09/12/2017)
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Pol: 5.28%
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Strong wind power rise cuts prompt prices - Times of India

...... having reached a fresh 3-1/2-year high on Monday prompted by firmer fuel and carbon emissions rights prices on that day. However on Tuesday, oil, carbon and the UK gas curve turned south while coal ticked up. * German annual baseload power delivery in 2018, a European benchmark, was last down 0.7 percent at 34.9 euros, having hit 35.3 euros on Monday. * The French year-ahead power contract ......

(264 words by indiatimes.com)
(09/12/2017)
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