A roadmap has been prepared by Coal India Limited (CIL) to substantially enhance production of coal to 1 Billion Tonnes of Coal by 2019-20 from the production level of 494.23 Mte. achieved in 2014-15. This was stated by Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable...

Glencore believes thermal coal markets will improve in 2016 and the Swiss miner wants to work with BHP Billiton to jointly buy a stake in a Colombian coal mine. BHP and Glencore both own 33 per cent of the Cerrejon coal mine in Colombia, and have been approached by the owner of the remaining 33...

For leading U.S. shale oil producers, $40 is the new $70. Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they will settle for far less in deciding whether to crank up output after the worst oil price crash in a...

Chinese coal companies lobbied government officials, including Premier Li Keqiang, to set a price floor for coal to protect against bankruptcy and prevent job cuts, according to people familiar with the matter. The proposal was made to Li during his trip to Shanxi province in January by...

MANILA, Philippines – The Department of Energy (DOE) is eyeing to impose stricter standards on coal-fired power plants to contribute to climate change mitigation programs and the country’s commitment to lessen carbon emissions. Energy Secretary Zenaida Monsada said the agency is...

Washington, Feb 23: Calling climate change a real problem, President Barack Obama would like India and China to know how to use clean coal to ensure they are not emitting huge amount of carbon. ”Number one, climate change is real,” he said speaking at a national governors association...

TOKYO (Reuters) – Japan’s Ministry of Economy, Trade and Industry (METI) plans to tighten rules for coal-fired power plants from April in an effort to cut greenhouse gas emissions in the power industry that account for 40 percent of the nation’s total. The steps, including...

Jakarta (ANTARA News) – Greenpeace Indonesia asks all banks in Indonesia to comply with call by the Financial Service Authority (OJK) to stop new credits for coal mining projects. All banks in Indonesia should stop financing coal mining after the OJK issued the order, Senior campaigner of...

Slumping global coal and liquefied natural gas prices will be under further pressure as rising Indian coal production exacerbates a glut of power-generation fuel, according to Goldman Sachs Group Inc. The prospect of higher output from India, which is forecast to overtake China as the...

It is hard to know how much more pain the coal industry can take after a prolonged winter of depressed prices. Anglo’s Australian business could look very different on Wednesday morning. It could shrink its local presence in coal to a couple of mines. When Anglo chief executive Mark...