RECENT NEWS
Reuters  Jul 7  Comment 
The U.S. government agreed to a mine clean-up deal that allows coal producer Alpha Natural Resources to exit bankruptcy, despite concerns that Alpha will be unable to fund $400...
Wall Street Journal  Jul 1  Comment 
Murray Energy Corp., the largest privately held coal miner in the U.S., has warned it may soon undertake one of the biggest layoffs in the sector during this time of low prices.
MarketWatch  May 26  Comment 
Exxon Mobil and its rivals would benefit because it would hurt coal producers and, in turn, electric-car companies.
Reuters  May 20  Comment 
Bankrupt coal producer Peabody Energy Corp said in a court filing Friday it believes its long-term debt should be included in its current liabilities, a position that favors unsecured creditors to the tune of $1 billion.
Motley Fool  Apr 23  Comment 
Some companies try to mumble out news of bankruptcy filings at 5 p.m. on a Friday. Nice try, Energy XXI.
guardian.co.uk  Apr 13  Comment 
Peabody Energy’s decision seen as sign that fossil fuel is threatened by tightening environmental regulation Peabody Energy, the world’s largest privately owned coal producer, has filed for bankruptcy protection in the US following a...
The Hindu Business Line  Apr 6  Comment 
Mahanadi Coalfields Ltd (MCL) has become the top coal producer in the country with its 2015-16 output of 138 million tonnes. In a statement MCL, a subsidiary of Coal India Ltd, sai...
The Hindu Business Line  Apr 4  Comment 
Mahanadi Coalfields Ltd (MCL) has become the top coal producer in the country with output in 2015-16 at 138 million tonnes. In a statement MCL, a subsidiary of Coal India Ltd, said the perf...
The Economic Times  Apr 3  Comment 
The year ended March 31, 2016, remained an eventful year for MCL as it has become the flagship subsidiary of CIL, it said.
The Australian  Mar 17  Comment 
Coal producer Peabody Energy says a Tuesday night notice in the US that it could go bankrupt is debt-related.




 

In the U.S., more than 90% of coal is used for the purpose of generating electricity and almost half of all electriity in the country comes from burning coal. [1]

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