Updated daily
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China eases power crunch with boost to coal production
02 Nov 2021China said it has increased daily coal production by over one million tonnes, easing its energy shortage as world leaders gather in Britain for climate talks billed as one of the last chances to avert catastrophic global warming. . ...Read More
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India hints achieving its climate goals could be linked to NSG membership held up by China’s opposition
01 Nov 2021In a bold move, India on Sunday said that achieving its climate goals may be linked to issues like its membership to push for the inclusion of differentiated responsibilities that seeks the developed West to fulfil its commitments. The pitch for NSG membership, . ...Read More
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The amount of US electricity generated from coal increases for first time in seven years, dealing blow to Biden's credibility as he heads to COP26 UN climate summit amid effort to cut carbon emissions
01 Nov 2021The amount of electricity produced from coal will increase in the U.S this year for the first time since 2014, according to new data, dealing a blow to President Biden's climate promises when he arrives in Scotland for a United Nations climate summit on Monday. . ...Read More
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Asia's coal crunch easing as supply rises, China wields big stick: Russell
01 Nov 2021As the U.N. COP26 climate summit gets under way in Glasgow amid dire warnings https://www.reuters.com/business/cop over the planet’s future, the immediate focus in Asia is getting more coal to burn at cheaper prices. . ...Read More
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G-20 Ends Without Agreement to Phase Out Coal
01 Nov 2021G-20 leaders concluded their two-day summit in Rome on Sunday with an agreement to work to reach carbon neutrality ‘by around mid-century' and pledged to end financing for coal plants abroad. . ...Read More
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Coal price rally loses steam as China, India step up supply
29 Oct 2021Coal prices have dropped to below $200 a metric tonne as tightness in the market is easing with India ramping up supply and China intervening in prices. . ...Read More
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China expands coal production and imports to roll back coal prices
29 Oct 2021China has been in the throes of an energy crisis, the result of dwindling investment, safety concerns, and corruption scandals within its coal and power sectors. As a result, the Chinese Communist Party has been scrambling to secure supplies for the winter, ordering miners to raise output significantly and expanding imports from Indonesia and Russia. . ...Read More
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Hooked on coal for power, Japan aims for ammonia fix
29 Oct 2021Japan is stepping up efforts to extend the lifespan of its coal-fired power plants in an ambitious project to add low-carbon ammonia to its fuel mix, targeting both stable energy supply and lower carbon dioxide (CO2) emissions in one stroke. . ...Read More
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Australia joins India and China in resisting G20 call to phase out coal
29 Oct 2021Australia is fighting alongside India and China to resist a global bid to phase out coal as leaders of the world’s biggest economies negotiate a draft pledge at the G20 summit in Rome this weekend about the need to stop the “existential” threat of climate change. . ...Read More
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DOE moratorium on coal power projects seen ‘indecisive, toothless’
28 Oct 2021Consumer welfare advocacy groups on Wednesday urged the Department of Energy (DOE) to come out with a list of coal-fired power plant projects that were no longer allowed to proceed in order to make good an announcement made last year about a moratorium on new coal projects. . ...Read More
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China Coal Energy's 3Q Net Profit More Than Doubled
28 Oct 2021China Coal Energy Co.'s net profit more than doubled in the third quarter amid sharply higher coal prices in the country due to supply tightness. . ...Read More
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China Coal Futures Plunge Again as Government Plans Price Curbs
28 Oct 2021Coal futures in China extended a plunge as the nation’s government considers new limits on prices to help ease an energy crisis, along with a call on miners to lift output. . ...Read More
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Hamilton believes several idled mines will restart in the months ahead
27 Oct 2021A British holding company has pulled the trigger on plans to restart operations at a Mingo County coal mine with a large amount of metallurgical coal reserves. . ...Read More
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Arch nets $89M amid ‘strong thermal coal markets’ in 3Q2021
27 Oct 2021Arch Resources closed out its most recent quarter with $89.1 million in net income with thermal coal segments showing a significant improvement over the previous quarter, the company announced Tuesday. . ...Read More
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India capable of meeting its coal demands internally: Union secy
27 Oct 2021Union coal secretary Anil Kumar Jain on Tuesday claimed that India’s coal-producing companies were capable of meeting the country's domestic coal requirment. . ...Read More