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Tag Archives: Powder River Basin

DUG returns, New Name and Attitude in Energy

The name DUG Rockies makes a comeback as Hart Energy adds new plays and  regions to the agenda for its annual DUG conference in Denver April 24-25 in the Colorado Convention Center. The 2018 DUG Rockies  program will feature speakers from Hess Corporation, Oasis Petroleum and Whiting Petroleum — and expand its focus beyond the Bakken and DJ basin developments ...

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Peabody lays off 235 from northeast Wyoming coal mine

GILLETTE, Wyo. (AP) — About 235 employees at the North Antelope Rochelle mine in northeast Wyoming are being laid off. The Gillette News Record reports that Peabody Energy announced the layoffs Thursday morning, citing financial difficulties from low coal prices and falling demand. The layoffs represent about 17 percent of the nearly 1,400 workers at North Antelope Rochelle. The mine in ...

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Amid coal market struggles, less fuel worth mining in US

Amid coal market struggles, less fuel worth mining in US

BILLINGS, Mont. (AP) — Vast coal seams dozens of feet thick that lie beneath the rolling hills of the Northern Plains once appeared almost limitless, fueling boasts that domestic reserves were sufficient to power the U.S. for centuries. But an exhaustive government analysis says that at current prices and mining rates the country’s largest coal reserves, located along the Montana-Wyoming ...

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Group questions Peabody Energy’s coal mine self-bonding

CHEYENNE, Wyo. (AP) — An environmental group is formally questioning Peabody Energy’s ability to fully bond its coal mines in Wyoming and elsewhere in the Rocky Mountain region, saying the St. Louis-based company has insufficient funding to qualify for self-bonding. Bonding helps ensure funding is in place to fill in mines that close and restore them to a natural state. ...

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Federal coal sales moratorium shakes industry stronghold

FILE - This Thursday, Jan. 21, 2016 file photo shows the Belle Ayr Mine near Gillette, a northeastern Wyoming coal town where the owner has filed for Chapter 11 bankruptcy and worries about the local economy run high. Coal’s been hit hard by bankruptcies, new pollution rules and the decline of a once-promising export market, and now, the federal government’s blocking of new coal sales has left people in places like Gillette, in a rare mood: Pessimistic. (AP Photo/Mead Gruver, File)

GILLETTE, Wyo. — Like a trusty pickup truck, Gillette has bounced through tough times before and pulled through, thanks to coal. Lately the bumps for an industry that’s brought wealth and jobs to this town are getting bigger — bankruptcies of major producers, pollution rules that have made burning coal more expensive and the decline of a once-promising export market. ...

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Wyoming banks in better position to weather oil price drop

CASPER, Wyo. — When oil prices collapsed in the 1980s, many Wyoming banks followed suit. Twenty Cowboy State banks closed their doors between 1980 and 1994. Seven failed in 1986 alone, the year crude prices lost half their value. Oil prices are plunging again, but local executives say Wyoming’s banks are better positioned to withstand the current downturn. Few of ...

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China, US seek ‘clean coal’ agreement as industry struggles

BILLINGS, Montana — U.S. and China officials took a major step Tuesday toward an agreement to advance “clean coal” technologies that purport to reduce the fuel’s contribution to climate change — and could offer a potential lifeline for an industry that’s seen its fortunes fade. The agreement between the U.S. Department of Energy and China’s National Energy Administration would allow ...

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Jewell: ‘We can’t switch to renewables overnight’

As manager of roughly a fifth of the nation’s land and much of its natural resources, Secretary of the Interior Sally Jewell says she tries to balance competing interests “in a smart way.” Though President Barack Obama has embraced renewable energy and is attempting to curb carbon emissions from coal-fired power plants, his administration has also allowed new oil rigs ...

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