Allegheny, Alliance rewrite coal deal
Greensburg, Pennsylvania-based Allegheny, which has operations in Virginia and West Virginia, says the changes give it a more secure supply of coal while Tulsa, Okla.-based mine operator Alliance Resource Partners gains flexibility.
Under the new terms, Alliance will supply 20 million tons of coal between 2010 and 2020 from several sources, including Illinois.
Alliance will keep leasing reserves in Washington County, Penn., from Allegheny as it seeks mining permits. Allegheny would receive royalty payments when production begins.
The original agreement, signed in 2005, allowed Alliance to seek the permits and Allegheny to buy up to 2 million tons annually once the mine opened.
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94,000 lose electricity in LA area after fire at station
LOS ANGELES - About 94,000 customers were without electricity Saturday night after the Los Angeles Department of Water and Power shut down a power station in the northeast San Fernando Valley that caught fire, the agency said.
The fire at the station in the Northridge/Reseda area of Los Angeles started about 6:52 p.m. and involved equipment that carries high-voltage electricity and distributes it at lower voltages to customers in the surrounding area, the department said.
The department shut off power to the station as a precautionary move, and it is restoring power now that the fire has been put out. Initially, 140,000…
