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Oil & Gas Trade
OPEC+ Responds to Oil Market Collapse with Surprise Urgency
The 23-nation coalition is well on its way to cutting 9.7 million barrels of daily crude output, roughly 10% of global supplies.
Coal Company
Cash-Strapped Coal India Eyes First-Ever Bond Issue
Coal India is under severe pressure due to a rs 17,000 fee installed in unpaid accounts for its firstever power plant and a possible bond issue to raise working…
First, Renewable Energy Is Poised to Eclipse Coal in U.S.
The United States is on track to produce more electricity this year from renewable power than from coal for the first time on record, new government projections…
Solar Company
Australia’s Rooftop PV Juggernaut Displaces Fossil Fuel Generators
The unstoppable growth of Australia’s rooftop PV fleet continues to eat into the pie previously reserved for coal and gas, a new audit of the National Electric…
Coal Trade
Australia Eases Access to Seaborne Coal Markets
Coal ports in Queensland, Australia, are easing restrictions on covid-19 for foreign crew members.
Coal Production
The Demise of Coal Might be Slowed in Asia Amid Covid-19
Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economie…
Coal Production
The Biggest Power Plant in Drax, UK will Soon End Coal-fire Power Generation
The UK's biggest power plant, Drax in North Yorkshire, has announced it will end all coal-fired power generation by March 2021, well ahead of the UK's 2025 dead…
Coal Trade
China Should Tighten Controls on Met Coal Imports: CCTD
China's government-backed coal transport and distribution association has called on authorities to tighten restrictions on imports of metallurgical coal.
Coal Production
Coal Power Tipped to Decline in APAC in 2020
Low electricity demand hit coal-fired generation in India and Southeast Asia.
Coal Trade
BNP Paribas Accelerates Its Exit from Coal in OECD Countries
French bank BNP Paribas is expanding to all OECD countries its target to end relationships with customers that use coal to generate electricity by end 2030, it …
Coal-Fired Power Plants
Coal Power Falls to Lowest Levels in 43 Years in US, After Biggest Annual Drop in 2019
“The miners are coming back,” Trump said of the coal mining industry at an election rally in Louisville, Kentucky, more than four years ago.
LNG
Nuclear Power to Be Replaced with LNG, Renewable Energy Powers
The South Korean government is planning to reduce the number of nuclear power plants in South Korea to 17 and halve the number of coal power generators to 30 by…
Biomass Power Plant
Valmet to Convert Coal-Fired Facility to Biomass in Poland
Valmet has received an order from Zespół Elektrowni Pątnów-Adamów-Konin SA (ZE PAK) to convert a lignite-fired boiler into a biomass-fired boiler at its po…
Energy Transition
EU Bank Ends Fossil Fuel Lending in World-First for Climate
The European Investment Bank (EIB) today became the world's first public lender to commit to ending funding for coal, oil and gas.
Coal Company
Australia's Coronado Paves Way for Coal Company Losses
Coronado Coal posted a loss in the january-march period.
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