Coal news and updates

Updated daily

• 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

• CCL becomes Coal India’s maiden arm for MDO mode

  30 Aug 2022

  Central Coalfields Limited(CCL) signed Memorandum of Understanding(MoU) with M/s JMS Mining Private Limited for the operation of Piparwar Underground Mines through the mine, developer and operator (MDO) mode at CCL Headquarters, Ranchi today. . ...Read More

• Biomass cofiring loopholes put coal on open-ended life support in Asia

  30 Aug 2022

  • Over the past 10 years, some of Asia’s coal-dependent, high-emitting nations have turned to biomass cofiring (burning coal and biomass together to make electricity) to reduce CO2 emissions on paper and reach energy targets. But biomass still generates high levels of CO2 at the smokestack and adds to dangerous global warming. . ...Read More

• Coal crunch hastens Indian metal makers’ switch to green energy

  30 Aug 2022

  GIC Pte.-backed Greenko, one of India’s largest renewable energy companies, signed an agreement earlier this month with Hindalco Industries Ltd. to provide carbon-free electricity to the aluminum producer’s Odisha smelter for 25 years, following a similar deal with ArcelorMittal Nippon Steel India Ltd. . ...Read More

• China’s historic drought forces a return to coal

  26 Aug 2022

  Faced with crippling power cuts and the worst drought in modern history, China is shelving plans to reduce its reliance on coal, as cities and factories around the country struggle to keep the lights on and stay open. . ...Read More

• Column: Australian and Indonesian thermal coal tread contrasting price paths: Russell

  26 Aug 2022

  LAUNCESTON, Australia, Aug 25 (Reuters) - The spot price of benchmark Australian thermal coal is continuing to hold near record highs above $400 a tonne, but the price for Asia's other main type of the coal used to generate electricity isn't performing nearly as well. . ...Read More