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Oil Soars 5% As Bullish News Mounts

Energy / Coal

2020 Will Be A Brutal Year For Coal

Jun 26, 2020 at 17:27 | Haley Zaremba

As if the economic fallout from the novel coronavirus pandemic weren’t enough, a series of trade battles have redoubled the United States’ economic woes in recent weeks. Like…

Coal Production On The Rise Despite Coronavirus Crisis

Apr 10, 2020 at 13:43 | MINING.com

Global coal production is expected to grow only marginally in 2020, from 8.13 billion tonnes in 2019 to 8.17 billion tonnes in 2020, a growth of only 0.5…

Foreign Coal Producers Get Boost From Coronavirus

Mar 20, 2020 at 16:47 | Rystad Energy

The COVID-19 pandemic has shaken energy markets to the core this year, creating incredible volatility for fuel prices. The one energy source that hasn’t blinked though is coal,…

Russia Looks To Double Coal Exports To China

Feb 06, 2020 at 13:12 | Viktor Katona

Russia has been historically associated with oil and gas exports, yet the news somewhat underreports its coal market presence. Although neither the world’s largest coal producer nor exporter, Russia seems…

Can Europe’s Largest Economy Survive Without Coal?

Jan 24, 2020 at 17:28 | Viktor Katona

One of the greatest moral dilemmas that has been creeping into the everyday activities of specialists working with coal, oil and in some cases even gas (despite its being perceived…

Germany Set To Close All Coal Fired Energy Plants By 2038

Jan 20, 2020 at 13:10 | Leonard Hyman & William Tilles

European business news recently announced the latest German government initiative to decarbonize its nation’s electric power generation by closing all coal fired generating stations by 2038. The plan received the…

This Country Just Agreed To A $44 Billion Plan To Ditch Coal

Jan 17, 2020 at 15:35 | City A.M

The German government has agreed to a €40bn ($44.38bn) deal to help workers and companies as part of plans to end the use of brown coal power plants by 2038.…

Joe Biden To Coal Miners: ‘’Learn To Code’’

Jan 03, 2020 at 14:22 | MINING.com

Democratic presidential hopeful and former US vice president Joe Biden told unemployed miners, particularly those in the coal sector, to learn to code so that they can access the jobs…

Why Is Warren Buffett Ditching His Coal Plants?

Dec 30, 2019 at 10:35 | Leonard Hyman & William Tilles

Warren Buffett, probably the world’s most successful investor, a man noted for the conservatism of his investment policy and aversion to high tech, wants out of coal? Buffett’s Berkshire Hathaway…

Russian Coal Exporters Face Nightmare Scenario In Asia

Dec 16, 2019 at 10:13 | Kirill Rodionov

Trying to redirect supplies from the European to the Asian market, leading coal exporters face a slowdown in demand in India, Japan and South Korea, which leads to a price…

Is China’s “Clean Coal” A Lie?

Nov 22, 2019 at 16:50 | Haley Zaremba

Coal should be on its last legs. It’s dirty, it’s finite, and it’s not even that cheap anymore. These factors make it all the more surprising that Beijing is…

China Adds Wave Of New Coal Fired Power Plants

Nov 21, 2019 at 13:22 | ZeroHedge

In recent months, eco-activist Greta Thunberg who has become synonymous with the global climate change movement has made consistent appeals at the developed world, demanding an end to its evil,…

The $22 Trillion Market Keeping Coal Afloat

Nov 11, 2019 at 12:19 | Vanand Meliksetian

The global economy has been going through a remarkable period of growth especially due to China’s open-door policy since the late seventies. Also, other major Asian economies have contributed to…

Europe Is Still Addicted To Coal

Sep 27, 2019 at 17:07 | ZeroHedge

The end of the age of fossil fuels is not yet in sight in Europe. As Statista's Martin Armstrong illustrates in the following infographic, there are still a number of countries that…

Coal Is Fueling China’s Data Center Boom

Sep 13, 2019 at 16:23 | Haley Zaremba

China’s data center sector is heating up. “The rapidly growing market is largely driven by data-intensive industries such as cloud computing, an industry that the government has marked for rapid…

Coal’s Long Goodbye

Jul 12, 2019 at 17:29 | Vanand Meliksetian

King Coal’s reign has been long and relentless. The world’s most important source of energy was essential during the industrial revolution for the modernization of agrarian societies. However, the negative…

Despite A Boost In Demand, Coal Demand Remains Well Under Its Peak

Jul 05, 2019 at 17:01 | Robert Rapier

This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive picture of supply and demand for major energy…

The World’s Last Coal Plant Will Be Constructed Soon

May 17, 2019 at 16:46 | Irina Slav

In its latest energy investment report, the International Energy Agency said energy companies continued investing in coal as demand for electricity continued growing fast and renewable and nuclear capacity…

Cloud Peak On Brink Of Collapse After Bad Coal Bet

Mar 19, 2019 at 13:18 | ZeroHedge

Cloud Peak Energy made a bet a little more than a decade ago that the U.S. power sector was still going to see coal as indispensable. That failed bet has now…

India’s Coal Paradox

Jan 04, 2019 at 13:45 | Ag Metal Miner

Few would have predicted this five years ago, but India is facing a real dilemma. It is exacerbated by the country’s predilection for subsidies and set against the backdrop of…

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