Coal news and updates

Updated daily

• Credit Risks Loom for Korean Utility Hooked on Coal, Study Says

  13 Oct 2022

  • • Kepco benefited from high rating despite record loss: IEEFA . ...Read More

• Peabody, Coronado in Merger Talks After Global Coal Price Surge

  12 Oct 2022

  • • Australia’s Coronado says in talks with biggest US producer • Prices surged to records after Russia’s invasion of Ukraine . ...Read More

• MOL takes delivery of coal carrier installed with wind challenger

  11 Oct 2022

  Shofu Maru will be used to transport coal from Australia, Indonesia and North America. . ...Read More

• Pakistan to save up to $6bn on fuel imports with Thar coal project: PM Shehbaz

  11 Oct 2022

  Prime Minister Shehbaz Sharif inaugurating Commercial Operations of Phase-II of Sindh Engro Coal Mining Company (SECMC) during his visit to Thar Coal Mines Block-II on October 10. — APP . ...Read More

• Column: Thermal coal prices retreat as winter supply fears ease: Russell

  11 Oct 2022

  Thermal coal prices retreat as winter supply fears ease: Russell By Clyde Russell LAUNCESTON, Australia, Oct 11 (Reuters) - The prices of key thermal seaborne coal grades are retreating amid signs that supplies will be sufficient to meet winter demand in both Europe and Asia. . ...Read More

• China coking coal hits more than 3-month high as supply worries mount

  11 Oct 2022

  Metallurgical coal prices in top steel producer China rose on Tuesday to their highest in more than three months, shrugging off weakness in the broader ferrous market, as concerns grew over tightening supply. . ...Read More

• China accelerates oil, gas projects to ensure energy supply in winter

  10 Oct 2022

  Oil and gas production has exceeded 10 million tons in the Fuman Oilfield area, a main crude oil block located in the Tarim Oilfield in Northwest China's Xinjiang Region, marking a breakthrough for China's ultra-deep oil and gas development amid efforts to consolidate the nation's energy security. . ...Read More

• After £9bn renovation, London’s Battersea Power Station reopens

  10 Oct 2022

  Four decades later, the Battersea power station of London will finally reopen with over-the-top renovations. It will be interesting to see how this glitzy project will turn out while the United Kingdom finance department struggles. . ...Read More

• After shortage of coal, now a problem of plenty

  10 Oct 2022

  • Coal India's imported coal is lying at the ports, awaiting buyers. . ...Read More

• Judge says laws propping up Montana coal plant are illegal

  10 Oct 2022

  A U.S. magistrate judge has declared unconstitutional two Montana laws that sought to prevent the closure of a coal-fired power plant by subjecting its out-of-state owners to steep fines if they wouldn't pay long-term maintenance and operating costs. . ...Read More

• Poland allows use of brown coal to heat homes amid supply crisis

  30 Sep 2022

  An excavator operates at a coal depot in the village of Libun, as the winter heating season approaches amid soaring energy prices, near the town of Jicin, Czech Republic, September 26, 2022. REUTERS/David W Cerny/File Photo . ...Read More

• Queensland, Australia, Vows to Turn Coal Plants Into Renewable Energy Hubs by 2035

  30 Sep 2022

  A coal-fired plant in Queensland, Australia. Auscape / Universal Images Group via Getty Images . ...Read More

• India, Russia to discuss energy security as oil, coal trade soars

  30 Sep 2022

  The SCO originated in the 1990s with a security agreement between Russia, China and ex-Soviet states in central Asia. India and Pakistan joined five years ago, making it the world's biggest regional organisation, comprising 40% of the world's population and more than half of the Eurasian land mass. . ...Read More

• Coal-fired power capacity doubles in Bangladesh

  30 Sep 2022

  Bangladesh's total power generation capacity is currently 21,710 MW, according to official government data. The new plants will add almost 20% of new capacity, taking the total to 26,075 MW, and raise coal-fired capacity to 6,033 MW or 23.13% of the total from 1,688 MW or 8% currently. . ...Read More

• High price of coal to adversely impact profitability of domestic non-ferrous metal cos: Icra

  28 Sep 2022

  The high price of coal will adversely impact the profitability of domestic non-ferrous metal companies mainly operating in the aluminium and zinc space . ...Read More