Monday, May 20 2013 11:36 AM EDT2013-05-20 15:36:01 GMT
A new report from the American Chemistry Council says expansion in shale gas plays are driving investments in chemical manufacturing to the tune of bout $71.7 billion in investments, including in West
A new report from the American Chemistry Council says expansion in shale gas plays are driving investments in chemical manufacturing to the tune of bout $71.7 billion in investments, including in West Virginia.
Monday, May 20 2013 9:56 AM EDT2013-05-20 13:56:57 GMT
Remember the Miners, a West Virginia campaign dedicated to honoring fallen coal miners and the sacrifices miners make for U.S. energy, is kicking off the Coal Club. The Coal Club proceeds will be used to fund the Remember
Remember the Miners, a West Virginia campaign dedicated to honoring fallen coal miners and the sacrifices miners make for U.S. energy, is kicking off the Coal Club.
Monday, May 20 2013 8:58 AM EDT2013-05-20 12:58:30 GMT
SCRANTON, Pa. (AP) — Oil and gas development damaged the water supplies of at least 161 Pennsylvania homes, farms, churches and businesses between 2008 and the fall of 2012, a newspaper reported.
SCRANTON, Pa. (AP) — Oil and gas development damaged the water supplies of at least 161 Pennsylvania homes, farms, churches and businesses between 2008 and the fall of 2012, according to state records obtained by a newspaper.
Sunday, May 19 2013 1:22 PM EDT2013-05-19 17:22:41 GMT
CHARLESTON, WV (AP) — Alpha Natural Resources faces a proposed $6,000 civil fine for a fatal accident at one of its West Virginia mines. The Charleston Gazette (http://bit.ly/Z59HQk) reports that the
Alpha Natural Resources faces a proposed $6,000 civil fine for a fatal accident at one of its West Virginia mines.
By MICHAEL FELBERBAUM AP Business Writer
RICHMOND, Va. (AP) - James River Coal Co.'s third-quarter loss widened as weak demand drove down prices and the coal producer experienced higher costs.
The Richmond, Va.-based company said Wednesday it lost $20.6 million, or 59 cents per share. That is larger than its loss of $3.7 million, or 11 cents per share, a year earlier.
Revenue from coal sales fell about 9 percent to $264.6 million. Total revenue fell 5 percent to $288.1 million.
Coal shipments were flat at 3.16 million tons.
Coal producers are being hit by a double whammy of weak demand. Utilities need less coal to produce electricity because of mild weather and lower power generation, while construction overseas has slowed the appetite for coal to make steel.
James River Coal has operations in Kentucky, West Virginia and Indiana.
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