Company News

Peabody selling interest in Prairie State power plant, mine

Peabody Energy last week said it has a deal to sell its 5.06% share in the Prairie State Energy Campus to the Wabash Valley Power Association for $57 million, Kallanish ...

Approval given to four new Chinese reactors

China’s State Council on Wednesday approved the construction of two more nuclear units at each of the Tianwan and Fangchenggang nuclear power plant sites, World Nuclear News reported. The council ...

Russia expected to end gas deliveries to Ukraine

      The Russia-Ukraine gas supply dilemma could see a new development as the countries continue political and commercial retaliation, Kallanish Energy learns. Russian Energy Minister Alexander Novak said ...

Shale oil production to drop 118,000 BPD: EIA

Crude oil production from the top seven U.S. shale plays will fall in December 118,000 barrels per day (BPD) from November’s projection, to 4.95 million BPD (MMBPD) — the biggest ...

Escalera files Chapter 11 bankruptcy petition

      Denver, Colorado-based independent oil and gas producer Escalera Resources last week filed a petition in the U.S. Bankruptcy Court seeking relief from creditors under provisions of Chapter ...

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