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Mr Alexander Svetelik, Ukrainian Deputy Energy and Coal Minister, said that Ukraine’s thermal power plants face mounting problems with coal shortages while energy companies’ coal stocks are declining.

Posted By : Sanju Moirangthem 1 day 14 hours 6 minutes ago
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Special judge Bharat Parashar, taking cognizance of the CBI's final report, listed offences under criminal conspiracy, cheating, criminal breach of trust and sections of the Prevention of Corruption act against Darda...

Posted By : Sanju Moirangthem 1 day 14 hours 5 minutes ago
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Peabody Energy reported a net loss of USD 1.05 billion for its June quarter overnight. For the H1 of 2015, total coal volumes were down 8.5% and revenues down 15%YoY.

Posted By : Sanju Moirangthem 1 day 14 hours 12 minutes ago
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Reuters reported that a unit of Indonesian coal miner PT Berau Coal Energy Tbk has filed a petition to have a debt moratorium granted by a Singapore court recognized in the United States, in a move to stave off...

Posted By : Sanju Moirangthem 1 day 14 hours 23 minutes ago
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Reliance Power has challenged the government's decision of cancelling allocation of Chhatrasal coal block to its subsidiary Sasan Power Ltd. In a writ petition filed in the Delhi High Court on Thursday, the company...

Posted By : Sanju Moirangthem 1 day 14 hours 33 minutes ago
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A serious industrial accident in the newly built Mozambican port of Nacala-a-Velha seems likely to delay still further the start of coal exports by the Brazilian mining company, Vale, through the port located in the...

Posted By : Sanju Moirangthem 1 day 14 hours 43 minutes ago
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Singareni Collieries Company Ltd has achieved coal production of 4.5 million tonnes in July 2015, as against its production target of 3.9 mt, registering 116 per cent of targeted production. During July 2014, SCCL had...

Posted By : Sanju Moirangthem 1 day 14 hours 53 minutes ago
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Consol Energy announced a loss of USD 603 million in 2Q 2015 following a USD 829 million writedown of its shallow oil and natural gas assets on depressed gas prices.

Posted By : Sanju Moirangthem 1 day 15 hours 4 minutes ago
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A special court issued a notice to the director of Chief Vigilance Commission (CVC) in a coal block case allegedly involving Prakash Industries Ltd (PIL) and others in which CBI has filed a closure report.

Posted By : Sanju Moirangthem 1 day 15 hours 27 minutes ago
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Indonesian state-controlled coal miner Bukit Asam’s profit declined during the first half of the year, dragged by a decline in domestic sales and persistently weak coal prices.

Posted By : Sanju Moirangthem 1 day 15 hours 33 minutes ago
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According to the country's top economic planner, Chinese coal producers suffered heavy losses in the first half of this year due to oversupply and falling coal prices.

Posted By : Sanju Moirangthem 1 day 16 hours 2 minutes ago
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Mongolian coal miner SouthGobi Resources Ltd. said that it won a deferral on a key interest payment, staving off a threat to its viability and buying time to boost cash flows.

Posted By : Sanju Moirangthem 2 days 21 hours 6 minutes ago
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Poland is again trying to persuade power firms to take direct stakes in troubled coal company Kompania Weglowa as launching a fund to help the miner would take too long, Rzeczpospolita daily said.

Posted By : Sanju Moirangthem 2 days 21 hours 10 minutes ago
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According to analysts at a coal conference this week in the capital Maputo, Mozambique’s coal rush is officially over and the government is now looking offshore to a gas bonanza.

Posted By : Sanju Moirangthem 2 days 21 hours 14 minutes ago
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The Ekhgoviin Chuluu Joint Venture (ECJV) – a joint venture between Aspire Mining and Noble Group – has began its 2015 exploration programme at the Nuurstei metallurgical coal project (Nuurstei).

Posted By : Sanju Moirangthem 2 days 21 hours 18 minutes ago
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China Shenhua Energy Co, the country’s largest coal mining group, said that its net profit for the first six months dropped 45.6% YoY to CNY 11.73 billion.

Posted By : Sanju Moirangthem 2 days 21 hours 25 minutes ago
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Wescoal Holdings announced that its Elandspruit mine in Mpumalanga had processed and delivered its first coal for customers.

Posted By : Sanju Moirangthem 2 days 21 hours 29 minutes ago
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Reuters reported that two U.S. senators on Wednesday introduced a bill that would close an accounting loophole that has let coal companies underpay fees to mine on federal lands, in an effort to fix what they call a...

Posted By : Sanju Moirangthem 2 days 21 hours 34 minutes ago
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Express News Service reported that a CBI special court recently summoned former Coal Secretary H C Gupta and five others, including two senior public servants, as accused in a coal block allocation case.

Posted By : Sanju Moirangthem 2 days 21 hours 40 minutes ago
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COAL miner Hwange Colliery Company Limited says the bulk of the equipment it recently acquired from India and Belarus has been put into operation, which should translate into increased production in the next few weeks.

Posted By : Sanju Moirangthem 2 days 21 hours 43 minutes ago
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