Updated daily
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Indonesia coal miners likely to gain from rising prices, supply disruptions
11 Apr 2022COAL mining companies in Indonesia are likely to post strong earnings growth in 2022 amid rising coal prices and a supply disruption from the ongoing conflict in Ukraine, said DBS Group Research. . ...Read More
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Impact of global coal price and supply turbulences controllable on Chinese market
11 Apr 2022As the EU imposed embargoes on coal from Russia, which is a major global supplier, international coal prices continue to hike, raising concerns over energy supply and security. . ...Read More
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Russia says coal earmarked for Europe can be redirected to other markets
11 Apr 2022Kremlin spokesperson Dmitry Peskov said on Friday that coal was in high demand, and that Russian coal earmarked for Europe would be redirected to other markets if the EU refused it. . ...Read More
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91 million tonnes coal stock can meet power needs for 45 days
08 Apr 2022Coal India Ltd has 61 million tonnes of stock available in addition to 30 million tonnes with power plants and washeries, which is enough to run power plants for 45 days, officials told ET, saying the situation was critical but not alarming. Many power projects are operating with critical inventories, and a few have even shut down, raising alarm as the country faces a hotter-than-usual summer and record demand. . ...Read More
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ANALYSIS-As G20 chair, coal-heavy Indonesia sends mixed signals on green transition
08 Apr 2022Clean energy transition is among Indonesia's G20 priorities * More ambitious action urged as Jakarta seeks donor funding * Calls to tap coal operators' profits to finance energy shift By Beh Lih Yi April 8 (Thomson Reuters Foundation) - Indonesia is using its stint as G20 president to push for more international funding for the green energy transition in developing nations - but analysts say Jakarta needs to back up its calls with more ambitious plans to cut emissions at home. . ...Read More
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EU approves Russia coal embargo, proposes more arms to Ukraine
08 Apr 2022The European Union on Thursday said it had approved an embargo on Russian coal and the closing of the bloc's ports to Russian vessels over the Ukraine war. . ...Read More
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RTI eyes to sell 25 analyzers ever year in India
08 Apr 2022Backed by the Centre’s vision to reduce imported coal and substitute it with quality domestic coal, Australian mining equipment manufacturer, Real Time Instruments (RTI) which is the producer of elemental analyzers is looking to have an order book of around 20-25 units of analyzers every year in India, according to a company official. . ...Read More
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Coal prices hit two-week highs after EU sanctions target Russian imports
07 Apr 2022Coal prices jumped on Wednesday after the European Union imposed restrictions on Russian imports, marking the bloc's first sanctions on the country's fossil fuels shipments. . ...Read More
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Greece to Increase Coal-Fired Energy Production to Cut Gas Needs
07 Apr 2022Greece will boost power output from lignite coal over the next two years in a short-term measure to reduce the country’s dependence on expensive natural gas. . ...Read More
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Indonesia, Australia face limits in coal exports to Europe ahead of Russian ban
07 Apr 2022Indonesia and Australia, among the world’s top coal exporters, have hit their production limits and are unlikely to meet Europe’s demand for additional supplies if the European Union bans Russian coal imports, mining executives said on Wednesday. . ...Read More
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EU Nations Divided Over Coal Ban On Russia In 5th Round Of Sanctions Package
07 Apr 2022European Union diplomats on Wednesday failed to approve a new sanctions package against Russia proposed by the European Commission, seemingly divided over the coal ban. The bloc had revoked Russia's "most-favoured-nation" trade status that enables EU nations to impose punitive tariffs on Russian trade and commerce. . ...Read More
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Some German power plants could go offline if Russian coal banned now, ministry says
06 Apr 2022Germany would likely have to switch off some of its power plants if it ended Russian coal imports straight away, although its reliance on Russia for the fuel is shrinking quickly, an economy ministry report prepared for parliament showed on Tuesday. . ...Read More
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NTPC's annual coal imports expected to hit 8-year high despite near-record price
06 Apr 2022India's top electricity producer NTPC Ltd's coal imports this financial year will be the highest in eight years despite near-record prices, two senior officials at the company said, as it looks to address a domestic shortage. . ...Read More
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Europe proposes Russian coal ban in new sanctions, says working on oil curbs next
06 Apr 2022The European Union’s executive branch proposed on Tuesday a ban on coal imports from Russia in what would be the first EU sanctions targeting the country’s lucrative energy industry over its war in Ukraine. . ...Read More
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Coal mine shaft collapse in Serbia kills eight people
05 Apr 2022A shaft collapse at a coal mine near Sokobanja, Serbia, has killed at least eight miners and wounded 18 other people. . ...Read More