KING coal is making a comeback as dwindling oil and gas supplies make investors nervous.
The Royal Bank of Scotland has provided working capital to support Hargreaves Services in its new joint venture with UK Coal – Coal 4 Energy.
Coal 4 Energy will allow both companies to provide the domestic and light commercial sector with coal [...]

The Department of Energy will award in mid-July this year the contracts for the exploration of four oil and gas blocks that were offered during the second of the Philippine Contracting Round (PCR).
Energy Undersecretary Guillermo Balce told reporters Tuesday that the contracts are being prepared and will be awarded within next month, or more than [...]

Shareholders of Forum Development Corp. approved a name change to Forum Uranium Corp. (TSX VENTURE:FDC) at the Company’s AGM on June 7, 2006. Subsequently, the TSX Venture Exchange approved the change of name on June 26, 2006. The Company begins trading as Forum Uranium Corp. (Cusip # 349852103) today and will keep its symbol of [...]

China’s top economic agency on Saturday ordered a clampdown on new coal mines to stem a looming production glut it said threatened the long-term viability of the industry.
The National Develpment and Reform Commission said China’s coal sector was threatened by excessive investment and ballooning over-capacity.
“Problems accumulated over a long time with structural irrationalities, low-level technology, [...]

Coal producer Anglo Coal has ventured into the renewable energy market by acquiring a 5,3% equity stake in Johanna Solar Technology (JST), a German photovoltaic-technology company.
“Anglo Coal’s interest in JST forms part of a wider involvement in promoting and developing carbon mitigation and offset technologies, as part of coal’s strategic response to meeting the environmental [...]

Brownstone Ventures Inc. (”Brownstone”)(TSX VENTURE:BWN.V - News) announced today that it has entered into a binding letter of intent, subject to regulatory approval, with Dejour Energy (USA) Corp. (”Dejour”), a wholly-owned subsidiary of Dejour Enterprises Ltd. (”DJE”: TSXV), to participate with Dejour and Retamco Operating Inc. (”Retamco”), a private Texas corporation, in the ownership, exploration [...]

Australian energy, farm and mineral export earnings are set to jump 16 per cent to a record 143 billion dollars (104 billion US) in the year to June 2007, a government agency has said.
The Australian Bureau of Agricultural and Resource Economics (ABARE) said energy exports should rise to some 47.9 billion dollars from 41.2 billion [...]

THE government is expected to give its approval to the country’s first ever coal policy very soon. The final draft of the coal policy will be placed before the Cabinet shortly. Once endorsed, the coal policy will give certain basic rights to the government to lease out the existing coal mines of the country, including [...]

Oil and electricity consumption across the world could easily be cut by half, with major benefits for the environment, if clean energy technologies that are currently available were applied, an international watchdog said.
“A sustainable energy future is possible, but only if we act urgently and decisively to promote, develop and deploy a full mix of [...]

Asian mining stocks climbed, led by BHP Billiton and Rio Tinto Group, after both companies won an increase in iron ore prices from Chinese steelmakers.
An agreement on iron ore prices is what “the market wanted,” said Jason Teh, who manages $4 billion at Investors Mutual in Sydney. “The Chinese ultimately had no choice but to [...]