Inside Energy News
Analysts: Outlook For Coal Sector Is Negative
|
The outlook for the North American coal sector is negative. That’s according to a bleak industry report released by the credit ratings agency Moody’s, on Friday.
Alpha
More Coal Layoffs In Wyoming
|
Bankrupt coal company Alpha Natural Resources confirmed that it laid off 37 employees today from its two Powder River Basin coal mines.
bankruptcy
Peabody Energy Files For Chapter 11 Bankruptcy
|
Peabody Energy, the country’s largest coal company, filed for Chapter 11 bankruptcy protection Wednesday.
bankruptcy
Interactive Timeline: The Collapse Of The World’s Largest Coal Company
|
An interactive timeline detailing the collapse of Peabody Energy, the world’s largest coal company.
Alpha
Alpha Tries To Cut Worker Benefits & Cancel Union Agreements
|
Alpha Natural Resources is asking a bankruptcy judge for permission to cancel certain labor union agreements and to cut retiree benefits.
Arch Coal
Arch Coal Paid Bonuses Days Before Bankruptcy
|
Recent court documents show that Arch Coal paid executives more than $8 million in bonuses just days before the company declared bankruptcy.
Coal
Peabody Warns It May File For Bankruptcy
|
In financial documents filed this week, one of the largest coal companies in the world warned that it may file for bankruptcy, in part, because the company may not be able to make upcoming debt payments.
bankruptcy
Alpha Files Plan Detailing How It Hopes To Emerge From Bankruptcy
|
Alpha Natural Resources filed a plan today outlining how it hopes to emerge from bankruptcy. At the heart of the plan is a proposal to sell the company’s core assets, including its Wyoming mines.
Inside Energy News
WY Officials Say Reclamation Bonding Issues Under Control
|
In January, the federal government notified the Wyoming Department of Environmental Quality that bankrupt coal company Arch Coal could be in violation of mining regulations. On Monday, DEQ responded to the notice, writing that it has already dealt with the alleged violation which relates to Arch Coal’s reclamation bonding.
