Latest news with #energyproduction
E&E News
17-07-2025
- Business
- E&E News
Interior transfers thousands of acres to Alaska Native corporation
The Interior Department announced Wednesday that it will convey nearly 28,000 acres in federal lands to an Alaska Native corporation that could help pave the way for a contentious road project needed to access mining claims. The agency transferred the land to the NANA Regional, citing the Alaska Native Claims Settlement Act. Interior said the land transfer fulfills President Donald Trump's push to bolster energy production in Alaska. 'This land transfer is a clear example of the Trump administration delivering on its promises,' Interior Secretary Doug Burgum said in a statement. 'The Department is committed to honoring the agreements made with Alaska Native corporations, cutting federal red tape and unlocking Alaska's full potential.' Advertisement NANA could not be reached for comment.
Yahoo
09-07-2025
- Business
- Yahoo
US DOI grants new coal mining permit for Hurricane Creek Mining
The US Department of the Interior (DOI) has granted approval to Hurricane Creek Mining to commence coal mining operations on Bryson Mountain in Claiborne County, Tennessee. The approval enables the project to produce up to 1.8 million tonnes (mt) of coal up to 2034. The coal extracted from Bryson Mountain will bolster critical industries such as steelmaking and power generation. Hurricane Creek Mining has been authorised to employ surface mining techniques such as auger, highwall and contour methods, across 635 acres. Land and minerals management acting assistant secretary Adam Suess stated: 'This project reflects a broader shift, one where American resources are being put to work for American strength. 'We're not just issuing permits — we're supporting communities, securing supply chains for critical industries and making sure the US stays competitive in a changing global energy landscape.' The permit was fast-tracked through an expedited environmental review process, in line with procedures established to accelerate energy project evaluations under the national energy emergency declared by President Trump. This move also aligns with Executive Order 14261, titled Reinvigorating America's Beautiful Clean Coal Industry and reflecting the government's commitment to fostering reliable coal production and expanding the nation's energy resources. The approval also complements the legislative support for the coal sector provided by the One Big Beautiful Bill Act, which includes measures such as reduced royalty rates for federal coal mining and expanded federal coal leasing opportunities. The DOI has also approved a significant expansion of the Bull Mountains coal mine in Montana which could extend the mine's lifespan by up to nine years. This approval allows Signal Peak Energy to extract an additional 22.8mt of federal coal and 34.5mt of non-federal coal. "US DOI grants new coal mining permit for Hurricane Creek Mining" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
08-07-2025
- Business
- Zawya
Oman LNG posts record-breaking production in 2024
MUSCAT: Majority Omani state-owned Oman LNG achieved a production record of 11.98 million tonnes per annum (MTPA) in 2024 – the highest in its 20-year history, the company announced this week. Revenues earned by the triple-train liquefaction complex – from LNG exports as well as local sales of natural gas liquids (NGLs) – soared to a total of $6.5 billion, according to its 2024 Annual Report. '2024 marked a historic year for Oman LNG, delivering record-breaking production, flawless operational performance and transformational commercial agreements. As we celebrate over three decades of successful operations, we stand poised to enter a new era with the commencement of our long-term SPAs (Sales and Purchase Agreements) in 2025,' the company noted. Saud a Shukaili, Chairman of Oman LNG, commented: 'As we mark over 30 years of Oman LNG's pioneering journey, I am honoured to present our 2024 Annual Outlook Report — a testament to our resilience, strategic foresight and unwavering commitment to Oman's prosperity. The past year unfolded against a backdrop of global energy market volatility, geopolitical shifts and accelerating climate action.' In comparison, Oman LNG's output in 2023 was 11.5 MTPA, which was already above the nameplate capacity of 10.4 MTPA. The output increase in 2024 was the result of a major debottlenecking and plant rejuvenation project that helped add one million tonnes to the triple-train facility's design capacity. Last year's production of 11.98 MTPA was shipped to markets worldwide in a total of 181 cargoes — 126 from Oman LNG and 55 from Qalhat LNG — compared with 173 cargoes in 2023. Another key highlight of 2024 was the company's success in securing offtake commitments under its Beyond 2024 (B24) programme, covering output for the extension phase spanning a 10-year period through to 2034. '2024 laid the foundation for Beyond 2024 (B24) agreements, securing Oman LNG's future,' the company stated in its report. Around 10.4 MTPA of the plant's output is now committed under long-term SPAs with a large portfolio of global partners, while the remainder will be offered on the spot market — where natural gas is bought and sold for immediate or near-term delivery. 'Our new agreements represent more than just contracts — they are the foundation for Oman LNG's next decade of success. By balancing term commitments with trading flexibility, we have created a portfolio that is both secure and adaptable to market dynamics,' said Mahmoud al Balushi, Chief Commercial Officer. Khamis al Hashmi, Chief Financial Officer, added that Oman LNG's revenue of $6.5 billion, coupled with a Net Income After Tax (NIAT) of $1.7 billion, attested to the company's financial resilience. 'Our strategic portfolio optimisation balances long-term contracts (91%) with spot market agility — ensuring value for shareholders while funding Oman's energy transition,' he stated. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Yahoo
07-07-2025
- Business
- Yahoo
Trump administration weighs new coal sales from public lands in Montana and Wyoming
DENVER (AP) — Federal officials on Monday took a first step toward reopening vast areas of public lands in two Western states to new coal sales as part of President Donald Trump's push to expand U.S. fossil fuel production. The Interior Department proposal comes after the Biden administration, citing climate change, tried to end sales of the fuel from the nation's most productive coal fields — the Powder River Basin in northeastern Wyoming and southeastern Montana. The Trump administration is instead considering selling leases for coal mining on more than 2,600 square miles (6,800 kilometers) of federal lands in that region, according to documents released by officials. That's an area larger than Delaware. The unfolding course reversal on using public lands to boost the struggling U.S. coal industry stems from an executive order signed by Trump on his first day in office. It's part of Trump's broad push to increase oil, gas and coal extraction from publicly owned lands and waters in the U.S., even as Republicans pull back support for renewable energy projects. The tax bill that Trump signed last week lowered royalty payments from 12.5% to 7% for companies that mine coal on public lands. The bill also has a mandate to make available for leasing 6,250 square miles (16,200 square kilometers) — an area greater in size than Connecticut. 'The federal coal leasing program continues to be a key piece of the nation's energy strategy,' said Ashley Burke with the National Mining Association. 'When we see our grid stretched to its limits with energy demand soaring, we must acknowledge our energy reality, which means reversing prior ill-conceived and punitive policies.' A spokesperson for the Interior Department's Bureau of Land Management said Monday's announcement about Powder River Basin leasing was preliminary and could change after a public comment period. The agency declined to say how much interest it expects from mining companies or how quickly new mines could open. The Biden administration had calculated that an end to federal coal sales would reduce emissions by the equivalent of 293 million tons (266 million metric tonnes) of carbon dioxide annually. That's comparable to emissions from about 63 million gasoline-power vehicles, according to a government analysis. 'The administration's efforts to expand coal mining on our public lands are no more justified now and will sell out our communities to further enrich coal industry executives,' said Jenny Harbine with the environmental law firm Earthjustice. Scientists say greenhouse gas emissions from burning coal is a leading driver of human-caused climate change that's making weather more extreme, wildfires more frequent and destructive and water supplies less reliable. Some coal mines in the Powder River basin closed in recent years as utilities turned to less-polluting natural gas to generate electricity. Companies mined 512 million tons (464 million metric tonnes) of coal in the U.S. last year, the lowest volume since 1964. But Burke, with the mining association, pointed to two recent positive indicators for the industry: more U.S. coal getting exported overseas and a surge in the amount of electricity generated by burning coal during the first four months of 2025 compared with the same period last year.
Yahoo
07-07-2025
- Business
- Yahoo
Trump administration weighs new coal sales from public lands in Montana and Wyoming
DENVER (AP) — Federal officials on Monday took a first step toward reopening vast areas of public lands in two Western states to new coal sales as part of President Donald Trump's push to expand U.S. fossil fuel production. The Interior Department proposal comes after the Biden administration, citing climate change, tried to end sales of the fuel from the nation's most productive coal fields — the Powder River Basin in northeastern Wyoming and southeastern Montana. The Trump administration is instead considering selling leases for coal mining on more than 2,600 square miles (6,800 kilometers) of federal lands in that region, according to documents released by officials. That's an area larger than Delaware. The unfolding course reversal on using public lands to boost the struggling U.S. coal industry stems from an executive order signed by Trump on his first day in office. It's part of Trump's broad push to increase oil, gas and coal extraction from publicly owned lands and waters in the U.S., even as Republicans pull back support for renewable energy projects. The tax bill that Trump signed last week lowered royalty payments from 12.5% to 7% for companies that mine coal on public lands. The bill also has a mandate to make available for leasing 6,250 square miles (16,200 square kilometers) — an area greater in size than Connecticut. 'The federal coal leasing program continues to be a key piece of the nation's energy strategy,' said Ashley Burke with the National Mining Association. 'When we see our grid stretched to its limits with energy demand soaring, we must acknowledge our energy reality, which means reversing prior ill-conceived and punitive policies.' A spokesperson for the Interior Department's Bureau of Land Management said Monday's announcement about Powder River Basin leasing was preliminary and could change after a public comment period. The agency declined to say how much interest it expects from mining companies or how quickly new mines could open. The Biden administration had calculated that an end to federal coal sales would reduce emissions by the equivalent of 293 million tons (266 million metric tonnes) of carbon dioxide annually. That's comparable to emissions from about 63 million gasoline-power vehicles, according to a government analysis. 'The administration's efforts to expand coal mining on our public lands are no more justified now and will sell out our communities to further enrich coal industry executives,' said Jenny Harbine with the environmental law firm Earthjustice. Scientists say greenhouse gas emissions from burning coal is a leading driver of human-caused climate change that's making weather more extreme, wildfires more frequent and destructive and water supplies less reliable. Some coal mines in the Powder River basin closed in recent years as utilities turned to less-polluting natural gas to generate electricity. Companies mined 512 million tons (464 million metric tonnes) of coal in the U.S. last year, the lowest volume since 1964. But Burke, with the mining association, pointed to two recent positive indicators for the industry: more U.S. coal getting exported overseas and a surge in the amount of electricity generated by burning coal during the first four months of 2025 compared with the same period last year. Matthew Brown, The Associated Press
