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Showing results for MINGO LOGAN COAL COMPANY
...‘Never Rest on Your Ores’ Commodity trader Glencore wants a new home for its coal business....
...Logan Bolling, another Fairmont voter, was similarly impatient. “A lot of people support him but I do not,” he said: “We are losing coal mining jobs here and when you get one, it’s a seasonal one....
...The Paris-based IEA is calling for a stop to new oil, gas and coal exploration but also for an end to the dominance of hydrocarbons....
...He was in demand as a businessman — governor of one insurance company, director of another and chair of a new technology start-up (the wrong technology as it happened, his oil gas company losing out to coal...
...When a state-owned coal company in central China defaulted on a bond worth $152m this month, the slip-up seemed unlikely to send tremors through the world’s second-largest economy....
...Problems are now appearing for bonds issued by companies backed by local governments as well as state-owned enterprises following defaults by Brilliance Auto, Tsinghua Unigroup and Yongcheng Coal....
...Ivan Glasenberg is stepping down as head of Glencore, to be replaced by the head of the company’s coal business....
...Private equity firms are squeezing cash from the beleaguered US coal industry. The FT’s Climate Capital page is now on Instagram. Check it out here....
...It’s all sort of tinkering around the edges,” said Andrew Logan, director of oil and gas at Ceres, a non-profit organisation that coordinates investor action on climate....
...The transition from fossil fuels and towards renewable energy “could transform global power relations no less than the historical shifts from wood to coal and from coal to oil”, according to a new report...
...Seven companies, including Sweden’s Vattenfall and UK-based Renewable Energy Systems, will install eight lithium-ion battery systems around the UK....
...Mr Logan says the case could result in better disclosure from oil companies about climate risks....
...Other nations strongly oppose such targets but the discussions are opening oil, gas and coal companies to increasing scrutiny....
...Exxon argues that it can help to curb emissions by producing gas that can be substituted for higher-emitting coal for power generation....
...Andrew Logan of Ceres, the investor network that works on environmental and social issues, which co-ordinated the letter, said: “Investors have already been burned by coal, because of the sudden drop in...
...One source of fresh short-term demand may come from power plants switching from coal to gas....
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