The U.S., the European Union, South Korea and other wealthy nations are moving to forbid their export-financing agencies from supporting coal-fired power projects overseas, in an effort to end government Continue Reading
Coal will be a major contributor to Australia’s economy well beyond 2030 given growth in global demand, the country’s resources minister said on Monday, a day after a United Nations Continue Reading
Back in April, in the midst of a contentious trade spat and unofficial coal embargo between China and Australia, Oilprice speculated that the winner of the battle may not be Continue Reading
Channel surveys underway, expected to take one-two days Floodgate closures stall rail operations Coal carriers remained moored Aug. 30 in the New Orleans region as Hurricane Ida forced closures of Continue Reading
The US exported a combined total of 7.11 million mt thermal and metallurgical coal in June, the highest monthly level since June 2019, according to Census Bureau data released Aug. Continue Reading
One unit at Uniper’s (UN01.DE) 2-gigawatt Ratfcliffe coal plant in Britain will close next year, two years ahead of the full shut down of the facility, the company said on Continue Reading
Despite global expectations to move away from coal, demand in China is still strong, as rising global temperatures causing heat waves are driving up electricity demand and coal prices. Thermal Continue Reading
Amid all the talk of global warming, climate change-induced catastrophes, decarbonization and green finance, the global trade in “dirty” coal is enjoying an ironic renaissance. Bulk ships are busy transporting Continue Reading
China didn’t finance any coal projects via its Belt and Road Initiative in the first half, the first time that’s happened since the plan was launched in 2013, the International Continue Reading
The Biden Administration is committing $300 million to invest in the economic development of coal and coal power plant-affected communities as part of a $3-billion funding for investment in America’s Continue Reading
