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Turning point for coal? Japanese trading firms snap up coal assets

2014-12-22 00:30:28| Chemicals - Topix.net

Only a few months ago, a potential buyer said Japanese trading house Marubeni Corp was prepared to sell a costly stake in a Canadian coal mine for as little as $1. But a flurry of acquisitions of high-quality coal assets by Japanese firms in recent weeks signals that some trading houses at least are betting a depressed coal market where prices have halved in three years may be bottoming out.

Tags: point japanese trading assets

 

Turning point for coal? Japanese trading firms snap up coal assets

2014-12-21 23:40:31| Grocery - Topix.net

Only a few months ago, a potential buyer said Japanese trading house Marubeni Corp was prepared to sell a costly stake in a Canadian coal mine for as little as $1. But a flurry of acquisitions of high-quality coal assets by Japanese firms in recent weeks signals that some trading houses at least are betting a depressed coal market where prices have halved in three years may be bottoming out.

Tags: point japanese trading assets

 
 

Turning point for coal? Japanese trading firms snap up coal assets

2014-12-21 23:27:04| Food - Topix.net

Only a few months ago, a potential buyer said Japanese trading house Marubeni Corp was prepared to sell a costly stake in a Canadian coal mine for as little as $1. But a flurry of acquisitions of high-quality coal assets by Japanese firms in recent weeks signals that some trading houses at least are betting a depressed coal market where prices have halved in three years may be bottoming out.

Tags: point japanese trading assets

 

Sheridan raises $1.5bn to buy onshore US oil and gas assets

2014-12-19 01:00:00| Hydrocarbons Technology

Houston-based oil and gas operating company Sheridan Production Partners has raised $1.5bn in equity commitments to acquire onshore US producing oil and gas properties.

Tags: buy gas oil assets

 

California pensions should divest coal assets -state senate leader

2014-12-17 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: California pension plans would divest all assets related to the coal industry under a measure the leader of the state senate said he will propose to reduce support for an industry that critics blame for contributing to climate change. Senate President Pro Tem Kevin de León said on Monday he would introduce a bill that would require state pension plans to divest from coal assets. He had just returned from United Nations talks in Lima, Peru on international efforts to fight climate change. At the...

Tags: state california leader assets

 

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