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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Ontario Energy Board prohibiting electricity shutoffs during latest stay-at-home order
TORONTO - With Ontario now into the third province-wide lockdown, the Ontario Energy Board (OEB) has promised residents won't have to worry about their power being shut off.
On April 8, the Province issued the third stay-at-home order in the last 13 months which is scheduled to last for 28 days until at least May 6.
On April 30, the annual winter disconnection ban is set to expire, meaning electricity distributors would normally be permitted to issue disconnection notices for non-payment as early as 14 days before the end of the ban.
However, the OEB has announced it is prohibiting electricity distributors from…
