Murray Energy

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DOE comments show little support for FirstEnergy bailout request

S&P Global Market Intelligence ($): Most stakeholders weighing in on FirstEnergy Solutions Corp.’s plea in March for federal intervention to support its financially struggling coal-fired and nuclear power plants in the PJM Interconnection were opposed to the request, according to documents obtained from the U.S. Department of Energy. Out of 152 responses on the request […]

October 26, 2018 Read More →

U.S. coal company works behind the scenes to thwart Lake Erie wind-energy project

Cleveland Plain Dealer: Boaters and birders have been upfront about their opposition to the six-turbine Icebreaker Wind project planned for Lake Erie, but a new, powerful voice of resistance has recently emerged: Big Coal. In documents and sworn statements filed with the Ohio Power Siting Board on Thursday, the wind farm developers presented evidence that […]

August 6, 2018 Read More →

As Murray Energy skirts bankruptcy, CEO says investors need not fret

S&P Global Intelligence ($): Murray Energy Corp. will continue to deliver its businesses to weather the impact of shrunken domestic coal demand and has mitigated the potential consequences of a subsidiary’s bankruptcy by finding new customers, Chairman, CEO and President Robert Murray said. He also told S&P Global Market Intelligence that Murray Energy, along with […]

July 30, 2018 Read More →

Alliance Resource Partners’ bottom line takes a hit from Ohio coal plant closures

E&E News: Few coal executives are closer to the White House than Joseph Craft III. The CEO of Alliance Resource Partners LP texts with EPA Administrator Scott Pruitt. His wife serves as the ambassador to Canada. And he is a regular at administration events where the coal industry’s fortunes are at stake. But the Trump […]

July 6, 2018 Read More →

IEEFA update: The U.S. coal industry’s war with itself

Company versus company, and skirmishes between regions

When the current presidential administration took office, one might not have expected it to be the beginning of a new coal war—of company against company, region against region—each seizing the industry mantle, but none representing it as a whole. Industry watchers knew it would try to use the keys to the kingdom provided by its […]

June 29, 2018 Read More →

Coal CEO Who Wants to Buy First Energy’s Dying Plants Wants Subsidies Too

WKSU (Kent State): The head of one of the nation’s biggest coal companies says he can keep First Energy Solutions’ coal-fired power plants from shutting down. Murray Energy CEO Robert Murray tells Bloomberg news that if government subsidies are granted he can get financing to buy the coal plants targeted for closing.  And with his […]

April 12, 2018 Read More →

Ohio-Based Coal Company Murray Energy Says It Isn’t Going Bankrupt

S&P Global Market Intelligence: Murray Energy Corp. “currently has no plans to file for bankruptcy protection,” despite a warning issued to government officials in 2017 that the coal producer would be forced to follow if one of its largest customers sought a court-supervised restructuring. That possibility became reality March 31. In 2017, Murray Energy supplied […]

April 3, 2018 Read More →

Judge Dismisses Defamation Suit by Coal CEO

The Hill: A West Virginia judge dismissed a coal mogul’s defamation lawsuit this week against cable television host John Oliver and HBO. In a decision dated Wednesday, West Virginia Judge Jeffrey Cramer accepted HBO’s argument that Bob Murray, CEO of coal mining giant Murray Energy Corp., failed to show that Oliver had defamed him according […]

February 26, 2018 Read More →

Trump Administration Said to Be Planning a Regulatory End Run to Bail Out Failing Coal Plants

Bloomberg News: After failing to win a bailout for cash-strapped coal plants, some Trump administration officials are considering emergency orders that could keep at least some coal generators online, people familiar with the discussions said. The approach would require Rick Perry to use his authority as U.S. energy secretary to spur emergency compensation for coal […]

February 9, 2018 Read More →
IEEFA Update: Wishing Won’t Make it So: Industry ‘Action Plan’ for Federal Policy Changes Can’t Revive Coal Mining in U.S.

IEEFA Update: Wishing Won’t Make it So: Industry ‘Action Plan’ for Federal Policy Changes Can’t Revive Coal Mining in U.S.

Murray Energy Checklist Included Rolling Back Clean Power Plan, Changing Science Findings, Rewriting Tax Code to Disadvantage Renewables

For the first time last week, Bob Murray, the outspoken CEO of Murray Energy Corp., publicly discussed his company’s recently publicized wish list for actions that the federal government could take to support the coal industry.  Murray’s “Action Plan for the Administration of Donald J. Trump,” a once-secret document written almost a year ago, was released earlier […]