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Arch Coal Reports 2010 Fourth Quarter and Full Year Operating Results
February 2, 2011
Arch Coal, Inc. reported fourth quarter 2010 net income of $47.8 million, or $0.29 per diluted share, compared with net income of $1.5 million, or $0.01 per diluted share, in the prior-year period. Excluding certain charges, fourth quarter 2010 adjusted net…
CONSOL Energy Posts Record $1.337 Billion of Quarterly Revenue
February 2, 2011
CONSOL Energy Inc., reported revenue of $1.337 billion for the quarter ended December 31, 2010. The company’s Coal Division led the 10 percent year over year increase by posting record coal revenue of $1.067 billion for the fourth quarter, driven by…
Western Coal is Hiring Experienced Miners at Two Mines in W. Va.
February 1, 2011
Western Coal Company is looking for experienced miners to help operate two of their mines out of Nicholas County. Western Coal has job openings at their Maple Coal Mine in Powellton and their mine in Summersville. The following jobs are available;…
EPA Schedules Five Listening Sessions; Clean Air Act’s Standards For Power Plants
February 1, 2011
The U.S. Environmental Protection Agency will hold five listening sessions to help the agency update the Clean Air Act pollution standards to reduce greenhouse gas emissions from fossil fuel power plants and petroleum refineries. The listening sessions will be open to…
W. Va. Sen. Rockefeller Floats Bill to Delay EPA Climate Rules by Two Years
February 1, 2011
Sen. Jay Rockefeller (D-W.Va.) introduced his bill to delay by two years the Environmental Protection Agency’s authority to regulate greenhouse gas emissions Monday. “We must give Congress enough time to consider a comprehensive energy bill to develop the clean coal technologies…
State Regulatory Framework Will Most Likely Result in Robust CO2 Pipeline System
February 1, 2011
A private sector model with a state rather than Federal-based regulatory framework is the approach that will “most likely result in a robust CO2 pipeline system” in the United States, according to a new report developed with funding from the U.S.…
Saskatchewan and Japan Agree to Work Together on Clean Coal, Carbon Capture
February 1, 2011
Saskatchewan and Japan have inked a deal to work together on clean coal and carbon capture and storage. The province and the Japan Coal Energy Center — which represents more than 100 companies — have signed a memorandum of understanding to…
Lincoln Electric Acquires Arc Products
February 1, 2011
Lincoln Electric Holdings, Inc. has acquired substantially all of the assets of Arc Products, a privately-held manufacturer of orbital welding systems and welding automation components based in Southern California. Orbital welding systems are designed to automatically weld pipe and tube in…
Chevron Exiting Coal Mining, Plans to Sell Three Coal Mines
February 1, 2011
Petroleum giant Chevron Corp. said last week it plans to get out of the coal industry by the end of the year. The decision came after the company determined that new coal technologies were developing too slowly to make staying in…
Commentary, Sy Ali, Clean Energy Consulting: Coal Still the Best Fuel to Create Jobs, Electricity
February 1, 2011
According to the International Energy Agency and the Energy Information Administration’s joint report of July 2010: In 2008, coal used for power generated 45 percent of U.S. electricity compared to 2 percent from wind energy in spite of major federal and…
