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Coal boosts Queensland government revenue

December 13, 2016 // 0 Comments

The spike in coal prices has delivered an AU$1 billion windfall to Queensland, the state government said in its Mid-year Fiscal and Economic Review, helping the state to its [...]

EIA: Coal may surpass natural gas

November 21, 2016 // 0 Comments

According to the US Energy Information Administration (EIA), the share of US electricity fuelled by coal is expected to slowly begin growing when compared to the same [...]

Peabody files for bankruptcy protection

April 17, 2016 // 0 Comments

The largest coal miner in the US, Peabody Energy has filed for Chapter 11 bankruptcy, following rivals Alpha Natural Resources and Arch Coal. The company said it was taking [...]

Renewable Electricity Surpasses Coal In UK

October 29, 2015 // 0 Comments

For the July-September 2015 time frame, renewable sources produced more electricity than coal in the UK. The energy specialist EnAppSys found that 14.3 TWh was generated by [...]

Peabody loss widens in 3Q15

October 27, 2015 // 0 Comments

US coal miner, Peabody Energy, has announced a net loss attributable to common stockholders of US$304.7 million for 3Q15 – up from US$150.6 million in 3Q15. Revenues were [...]
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