Coal

Consol Energy Inc. on Tuesday confirmed its second round of layoffs since the beginning of the year, again citing depressed commodity prices as an impetus for its decision to this time cut 470 jobs in its natural gas and coal divisions.

Consol Energy Inc. on Tuesday confirmed its second round of layoffs since the beginning of the year, again citing depressed commodity prices as an impetus for its decision to this time cut 470 jobs in its natural gas and coal divisions.

Coal producer Alpha Natural Resources Inc. has increased its stake in Appalachian natural gas with the $126 million acquisition of its French partner's 50% interest in a Marcellus Shale joint venture in southwest Pennsylvania.

Coal producer Alpha Natural Resources Inc. has increased its stake in Appalachian natural gas with the $126 million acquisition of its French partner’s 50% interest in a Marcellus Shale joint venture in southwest Pennsylvania.

Physical gas for Wednesday delivery was mostly lower Tuesday as benign eastern weather lent a soft touch to the market. A few Northeast points advanced as pipeline restrictions continued, but next-day power forecasts called for moderate increases in load, and next-day peak power rose slightly.

Physical gas for Wednesday delivery was mostly lower Tuesday as benign eastern weather lent a soft touch to the market. A few Northeast points advanced as pipeline restrictions continued, but next-day power forecasts called for moderate increases in load, and next-day peak power rose slightly.

North Carolina Gov. Pat McCrory signed a bill into law designed to help Duke Energy convert one of its coal-fired power plants in the state to natural gas, as the power giant moves forward with plans to excavate coal ash from 24 sites across the Carolinas.

North Carolina Gov. Pat McCrory signed a bill into law designed to help Duke Energy convert one of its coal-fired power plants in the state to natural gas…

Traders viewing the market landscape for weekend and Monday natural gas decided committing to three-day deals could wait and elected to hold off purchases.