China’s effort to promote natural gas over coal to cut pollution is facing resistance from buyers who prefer cheaper to cleaner. The world’s largest energy consumer seeks to raise the Continue Reading
Following a clampdown on illegal mines, China has now asked state-owned coal companies to cut their capacity by 10% and improve their efficiency, the Ministry of Finance said on its Continue Reading
Peabody Energy won court approval for an $800 million financing package. Above, a front loader… Peabody Energy Corp. won final bankruptcy-court approval for an $800 million financing package after lenders Continue Reading
Coal Mining Trucks With the market capitalization of the coal industry down 94 percent since 2011 , one question has to be paramount on the minds of all investors in Continue Reading
Consumption of steam coal used for electricity generation in the U.S. electric power sector fell 29% from its peak of 1,045 million short tons (MMst) in 2007 to an estimated Continue Reading
China’s government is banning construction of new coal-fired power plants in areas with surplus power supply, a move that could weigh on already-struggling coal markets . The new measures outlined Continue Reading
Indianapolis Power & Light last week retired four units at its Eagle Valley Generating Station, highlighting the need for a cleaner and more diverse generation mix. The facility will be Continue Reading
Developing “clean coal” technology would help the coal sector in both the US and China and prevent further job losses, the US energy secretary has said. Crashing prices for coal Continue Reading
China mined 293.8 million mt of coal in March, down 4.5% on year, according figures released Friday the National Bureau of Statistics. In January-March, China mined a total of 811.27 Continue Reading
The bankruptcy filing of coal giant Peabody Energy Corp. Wednesday comes after a failed effort earlier this year to use its Australian unit to avoid chapter 11 and restructure out Continue Reading
