Murray Energy

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Plea for 2-Year Moratorium on U.S. Coal Plant Closings Lands With a Thud

Associated Press: The Trump administration has rejected a coal industry push to win a rarely used emergency order protecting coal-fired power plants, a decision contrary to what one coal executive said the president personally promised him. The Energy Department says it considered issuing the order sought by companies seeking relief for plants it says are […]

August 22, 2017 Read More →

Analyst: U.S. May Never Have an Investment Grade Coal Company Again

Taylor Kuykendall in SNL: Despite near-term improvements in the U.S. coal sector, getting investors excited about the industry may still prove a tough sell. “I don’t necessarily think we are ever going to get back to a situation where we’re going to have an investment-grade coal company again,” Chiza Vitta, an analyst with S&P Global Ratings, said […]

July 11, 2017 Read More →
IEEFA Swamp Watch: A New Coal Mine, the Russians, an Amsterdam Connection, and Trump …

IEEFA Swamp Watch: A New Coal Mine, the Russians, an Amsterdam Connection, and Trump …

Paringa Resources, Run by a Friend to the President, Aims to Add to an Oversupplied Market

Word is that a new U.S. thermal coal mine—the first since the election of Donald Trump—will break ground in Kentucky in July. Paringa Resources Limited, based in Evansville, Ind., says it has raised enough money to start construction on the proposed Buck Creek Complex Poplar Grove Mine. The company has announced also that it has […]

June 30, 2017 Read More →

On the Blogs: Judge Rules Coal Industry Lawsuit Is a Diversion

ThinkProgress.org: The Fourth Circuit Court of Appeals on Thursday overturned a lower court’s ruling and determined that the Environmental Protection Agency (EPA) is appropriately analyzing the economic impact of regulations under the Clean Air Act. The case was originally brought by Murray Energy Corporation and a group of subsidiaries and other coal companies, who alleged […]

June 30, 2017 Read More →

Murray Coal Wants an Ohio Bailout

Dayton Business Journal ($): Dayton Power & Light Co. doesn’t want the coal supplier to two of its plants to intervene in a settlement that could see the plants closed. The company, owned by AES Corp., filed a memorandum with the Public Utilities Commission of Ohio opposing the motion by Murray Energy Corp. to intervene […]

February 24, 2017 Read More →
IEEFA Update: Elections Have Consequences, but Perhaps Few That Can Save Coal

IEEFA Update: Elections Have Consequences, but Perhaps Few That Can Save Coal

Market Forces Are What Matter Above All

We didn’t make it this year to the Coaltrans USA conference last week in Miami, but we heard tell of some smart talk at the event by two of the industry’s CEOs, Bob Murray of Murray Energy and Kevin Crutchfield of Contura Energy, né Alpha Natural Resources.    The conference, where executives and analysts gather […]

February 9, 2017 Read More →

Murray Energy’s $250,000 Gift Got a Closed-Door Meeting in Coal Industry Campaign to Sway State Attorneys General

Jennifer A Dlouhy for Bloomberg News: Murray Energy Corp. made a $250,000 donation to the Republican Attorneys General Association last year and, in return, the coal mining company’s chief executive got a closed-door meeting with state prosecutors to discuss the Obama administration’s regulation of power plants. Eleven days later, the attorneys general went to federal […]

September 8, 2016 Read More →

Indications of a Solvency Struggle in Murray Layoff Letter

Anya Litvak for the Pittsburgh Post-Gazette: Murray Energy Corp. and its lenders are working on a plan to keep it solvent as the company works to avoid filing for bankruptcy in two months’ time. Last week, Murray Energy, the nation’s largest privately owned coal miner, told 4,400 employees — more than 80 percent of its […]

July 7, 2016 Read More →
A Coal Boss Praised for Hard-Earned Success Appears to Be Taking the Low Road Out


A Coal Boss Praised for Hard-Earned Success Appears to Be Taking the Low Road Out


The CEO of Murray Energy Was Different, or So It Seemed

The news that Murray Energy, the largest privately held coal producer in the U.S., is considering laying off 80 percent of its workforce shows that even coal executives who preach the gospel of “change or die” cannot save an industry crumbling against competition from renewable energy and natural gas. CEO Bob Murray is pretty much […]

Coal Giant Murray Energy Issues Layoff Warning for 4,400

John W. Miller and Tim Puko for the Wall Street Journal: Murray Energy Corp., the largest privately held coal miner in the U.S., has warned that it may soon undertake one of the biggest layoffs in the sector during this time of low energy prices. In a notice sent to workers this week, Murray said […]

July 5, 2016 Read More →