Coal news and updates

Updated daily

• NTPC records 62% growth in coal production from its captive mines

  05 Sep 2022

  NTPC Limited has produced 7.36 MMT of coal from its captive mines in the April to August period—a growth of 62 per cent over the same period in the previous year. In the corresponding period 2021-22, the public sector produced 4.55 MMT coal. . ...Read More

• KEPCO to up coal use to return to profit in ’23 after estimated loss of $20 bn this year

  05 Sep 2022

  Korea Electric Power Corporation (KEPCO) aims to swing back to an operating profit of 2.5 trillion won ($1.8 billion) in 2023 from an estimated record loss of 27.2 trillion won for this year through increased employment of coal fuel to generate power to reduce cost during emergency times of skyrocketing international oil and gas prices. . ...Read More

• Natural gas key to China’s energy transition

  02 Sep 2022

  Demand expected to grow even as nation looks to scale back hydrocarbon use . ...Read More

• Europe Crisis Shows Coal’s Value, South Africa Minister Says

  02 Sep 2022

  • • Renewable energy no panacea for power cuts, Mantashe says . ...Read More

• Energy Crunch Pushes Japan Into Era of Uncharted Coal Power

  02 Sep 2022

  Fukushima and market liberalization have left the nation reliant on energy imports and old power plants like Takasago. . ...Read More

• Power plants have nearly 30 MT coal stocks: Coal India

  02 Sep 2022

  Dispelling fears of shortages of coal during the monsoon, Coal India (CIL) said stock currently available with the power plants is close to 30 million tonnes (MTs), including imported coal. . ...Read More

• Ukraine Accumulates 2M Tonnes Of Coal, 13 Bcm Of Natural Gas PM Shmyhal

  01 Sep 2022

  (MENAFN- UkrinForm) As of late August 2022, Ukraine accumulated 2 million tonnes of coal and 13 billion cubic meters of natural gas. . ...Read More

• Jade Gas delivers substantial maiden contingent resources

  01 Sep 2022

  Jade Gas Holdings has delivered substantial maiden contingent resources at its flagship TTCBM Project in the South Gobi region of Mongolia. . ...Read More

• How China’s Coal Commitment Went up in Smoke

  01 Sep 2022

  The flip-flop on coal policy makes it clear that China’s climate goals take a backseat to energy security and self-sufficiency. . ...Read More

• GMR to divest 30% equity stake in Indonesian coal mine

  01 Sep 2022

  GMR Coal Resources (GCRPL), a step-down subsidiary of GMR Power and Urban Infra Limited, on Wednesday said it has entered into definitive agreements to divest 30% equity stake it holds in PT Golden Energy Mines Tbk (PT GEMS) to PT Radhika Jananta Raya for $420 million and also a deferred consideration. . ...Read More

• China-Mongolia trade has ‘room for improvement’, with investment potential in tech, finance

  31 Aug 2022

  https://www.google.co.in/amp/s/amp.scmp.com/economy/global-economy/article/3190698/china-mongolia-trade-has-room-improvement-investment . ...Read More

• Romania sells decommissioned Mintia coal power plant

  31 Aug 2022

  Romania’s insolvent Complexul Energetic Hunedoara (CEH) has sold its Mintia coal-fired power plant to Mass Group Holding, an Iraqi company with headquarters in Jordan, for EUR 91.2 million. The buyer is required to invest in a new power generation unit that will mainly use natural gas and renewables. . ...Read More

• Increasing demand for US coal pushes workforce numbers up in Q2’22 — report

  31 Aug 2022

  North Antelope Rochelle operation in Wyoming’s Powder River Basin. (Image courtesy of Peabody Energy. . ...Read More

• Coal India Says Price Hike Not Imminent Despite Higher Costs

  31 Aug 2022

  Global coal prices have traded near record highs this year as demand surged due to the relaxation of coronavirus-related restrictions, and as Russia's war on Ukraine upended traditional supply routes for power generation fuels such as natural gas . ...Read More

• India Buys Discounted Venezuelan Petcoke To Replace Coal

  30 Aug 2022

  Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation boosts exports not specifically targeted by U.S. sanctions. . ...Read More