ST. LOUIS (Press Release) – Arch Coal, Inc. today announced that, just over eight months after filing for Chapter 11, the United States Bankruptcy Court for the Eastern District of Missouri has confirmed its Amended Plan of Reorganization. 279 more words
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If you watch the energy markets like I do, you’ve likely heard about the sizable and ongoing US coal industry decline. Thanks to cheap, abundant, and cleaner burning natural gas- and increasingly stringent environmental regulations, demand for coal-fired electricity is slowing at a drastic pace. 436 more words
Ex-Governor Freudenthal sold his shares in Arch just before bankruptcy
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❝ Arch Coal paid its top executives more than $8 million in bonuses the business day before the company filed for bankruptcy in January, according to U.S.
This article, written by Nick Engelfried at wagingnonviolence.com, is reposted with permission of the author. While it does not directly deal with oil and gas issues, it is an inspiring story of Montana communities working together against seemingly-insurmountable odds to overcome an energy giant. 2,310 more words
CHEYENNE, Wyo. (AP) – Wyoming regulators have reached a deal with Arch Coal to accept up to $75 million in place of the company’s $486 million in bonding obligations in the state while the company goes through Chapter 11 bankruptcy. 483 more words
NEW YORK (AP) – Arch Coal, which has been hurt by the weakening demand for coal, filed for Chapter 11 bankruptcy protection Monday.
In filings with a bankruptcy court, the St. 117 more words