Updated daily
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Dry Bulk Shipping Sees Renewed Momentum
09 Sep 2024The dry bulk shipping sector is experiencing a resurgence, with the Baltic Dry Index (BDI) showing improvement and major financial institutions taking notice. Deutsche Bank has recently initiated coverage on two key players in the industry, signaling renewed investor interest in the sector. . ...Read More
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Coal India targets 5 GW renewable energy by 2028
09 Sep 2024Coal India plans to install five GW of renewable energy capacity by 2028. The business is also planning to install pump storage projects in its open-cast mines in order to diversify its green energy portfolio. It is currently in various stages of discussion with other nations to acquire vital mineral assets. . ...Read More
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Indonesia has yet to receive promised G7 funds to reduce coal use
09 Sep 2024NUSA DUA, Indonesia :Indonesia is still waiting for cheaper financing to hasten early retirement of coal-fired power plants under a pact with the rich nations of the G7 grouping, senior government officials said on Monday, . ...Read More
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NLC India Ltd to Fast-Track Mining Operations at Machhakata Coal Block in Odisha
09 Sep 2024BHUBANESWAR: NLC India Ltd. (NLCIL) is set to begin operations at the Machhakata coal block in Odisha ahead of schedule, marking a significant milestone in its expansion strategy. The Machhakata block, . ...Read More
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LDII considers managing coal mining permits offered by the government
05 Sep 2024Chairman of the Islamic Da’wah Indonesia Institution (LDII), Chriswanto Santoso, has suggested that the organization is carefully evaluating the government’s offer of coal mining permits (IUP) to religious organizations. . ...Read More
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Poland plans to spin off its coal assets within a year
05 Sep 2024The Polish government is drawing up a model for transferring the coal assets of state-owned enterprises, with the aim of finalizing it in less than a year to allay investors' fears and adapt to new financial constraints. . ...Read More
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High U.S. Coal Stockpiles Cast ‘Bearish Cloud’ Over Natural Gas Power Demand
05 Sep 2024Relatively high coal stocks at U.S. power generators could indirectly influence natural gas demand this fall if gas prices rise and tilt costs more in favor of coal. . ...Read More
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Shorter dry bulk sailing distances limit upside of higher Chinese coal imports: Bimco
05 Sep 2024Dry bulk shipping is witnessing Chinese imports of coal rising to two-year high, but shorter sailing distances are limiting the upside of the higher imports, according to Bimco. . ...Read More
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U.S. WIND POWER GENERATION HIT RECORD IN APRIL 2024, EXCEEDING COAL-FIRED GENERATION
04 Sep 2024Electricity generation from wind established a new record in the United States in April, and wind generation exceeded coal-fired generation in both March and April, data from our July 2024 Monthly Energy Review show. . ...Read More
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Singareni CMD asks officials to produce, transport 2 lakh tonnes coal per day
04 Sep 2024The CMD said that to achieve the current financial year target of 72 million tonnes there was a need to increase daily coal production . ...Read More
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Extended exemption from Russian coal export duties
04 Sep 2024Russia extends export duty exemption for thermal coal until December. Despite this measure, logistical restrictions and sanctions continue to hold back global demand. . ...Read More
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Report Says China, India Account for Nearly All New Coal-Fired Generation
04 Sep 2024Research from a group that tracks fossil fuel and other energy projects shows that just 15 countries, led by China and India, account for 98% of coal-fired power plants under development worldwide. . ...Read More
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Standing Linkage Committee recommends long-term coal linkages for TNPGCL’s upcoming power projects
02 Sep 2024The Standing Linkage Committee of Union Ministry of Coal has recommended grant of coal linkage for Tamil Nadu Power Generation Corporation Limited’s (TNPGCL) three upcoming power plants . ...Read More
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India will be reliant on coking coal imports from Australia
02 Sep 2024BHP Chief Executive Mike Henry discusses whether cheap iron ore exports from Australia can replace India’s domestic production. . ...Read More
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Coal India CMD P M Prasad to hold additional charge of Director (Technical)
02 Sep 2024The Chairman-cum-Managing Director (CMD) of Coal India Limited (CIL), P M Prasad will hold the additional charge of Director (Technical). . ...Read More