Updated daily
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AGL to Close Australia’s Giant Polluting Coal Plants Earlier
10 Feb 2022AGL Energy Ltd. plans to shutter Australia’s two biggest polluters a few years earlier, as the aging coal plants struggle to compete against rising renewable generation. . ...Read More
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Indonesia seeks 8.58 bln USD investment to close coal-fired power plants
10 Feb 2022Indonesia is seeking 8.58 billion U.S. dollars in investment to shut down a number of coal-fired power plants as the country is currently expediting the transition into green energy. . ...Read More
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China metallurgical coal futures surge on supply woes, demand recovery
09 Feb 2022Chinese ferrous futures advanced on Tuesday, with coking coal surging more than 7% to its highest level in more than three months on tight supply, while recovering steel production and downstream demand also boosted sentiment. . ...Read More
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Kiwira Coal Mine Set to Start Mass Production
09 Feb 2022Mass production of coal at Kiwira Coal Mine in Mbeya Region is expected to begin next month after major rehabilitation of the infrastructure of the mine nears completion. . ...Read More
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Turow coal mine: EU to withhold Poland funds over dispute
09 Feb 2022The European Commission took the unprecedented decision to withhold millions of euros in budget funds from Poland on Tuesday over unpaid fines related to a long-running coal mine dispute. . ...Read More
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EIA projects coal, renewables to generate equal stack shares in 2022
09 Feb 2022Coal and renewables both are projected to generate 22% of the total power generation stack in 2022, the US Energy Information Administration said in a Feb. 8 report. . ...Read More
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China Battles to Contain Coal Price Surge as Dependency Worsens
08 Feb 2022China’s dependency on coal is likely to worsen this year as the authorities struggle to rein in prices after the Lunar New Year break. Chinese miners dug up more than 4 billion tons of the dirtiest fossil fuel for the first time in 2021. The effort to stave off power outages involved unleashing some 300 million tons of capacity that’s still producing, and which is likely to add another 1% or 2% to annual output this year, according to forecasts from the Shanghai Shipping Exchange. . ...Read More
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China metallurgical coal futures surge on supply concerns, demand recovery
08 Feb 2022Chinese ferrous futures advanced on Tuesday, with coking coal surging more than 7% on tight supply, while recovering steel production and downstream demand also boosted sentiment. . ...Read More
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No buying for seaborne coking coal, but China could return to market soon
07 Feb 2022Physical trading activity has remained very low in the seaborne coking coal market on Thursday February 3 due to the ongoing Lunar New Year celebrations, . ...Read More
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China's ports boost efforts to expand coal import, clear consignments
07 Feb 2022Amid the potentially rising demand for coal ahead of the Chinese New Year holidays, China's coal supplies strengthened, with ports ramping up efforts to expand imports or clear coal from countries like Australia. Meanwhile, domestic suppliers increased production capacity to ensure adequate inventories. Australian coal docked at ports have mostly been cleared. . ...Read More
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India plans to export coal, China unlikely among buyers: expert
07 Feb 2022Indian coal miner Coal India plans to export part of its coal output to India's neighbors according to a Reuters' report published on Friday. Analysts pointed out that the quality and amount of Indian coal remain unclear. . ...Read More
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Coal Prices Remain Strong, Despite Falling U.S. and European Demand. The Reason: Asia-Pacific.
04 Feb 2022Coal may be losing market share as a major energy source in some parts of the world, but the death knell for the industry hasn’t sounded yet, and might not for decades. . ...Read More
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Dubai: Hassyan Power Plant to convert to natural gas from clean coal
04 Feb 2022The Gulf’s only coal fired power plant Dubai-based Hassyan is set to switch to using natural gas, as per an agreement between the Hassyan Energy Co. and Dubai Electricity and Water Authority, DEWA. . ...Read More
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Analysis: Russian gas crisis stokes Europe's appetite for Russian coal
04 Feb 2022Russian coal merchants are proving to be the winners as European buyers, nervous a feared Russian invasion of Ukraine could lead to disrupted gas supplies, stock up on the dirtiest fossil fuel. . ...Read More
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Poland And Czech Republic Strike A Deal Over Disputed Turów Coal Mine
04 Feb 2022Warsaw and Prague signed an agreement on a controversial Polish lignite mine located near the border with Czech Republic. . ...Read More