SEOUL (Reuters) - South Korea’s imports of liquefied natural gas (LNG) are set to fall over the next five years after reaching record volumes in 2018, squeezed by the start-up of new long-planned nuclear and coal power plants. The decline comes despite the country’s efforts to move...

Four in five EU coal power plants are unprofitable and utilities could lose €6.6 billion this year alone, finds a new report from financial think tank Carbon Tracker. It warns investors and policymakers to prepare for a complete phase-out of coal by 2030, because without heavy subsidies the...

The company had adjusted earnings before interest, taxes, depreciation, depletion, amortisation, accretion on asset retirement obligations, amortisation of sales contracts, and non-operating expenses of US$106.6 million in the third quarter of 2019, which includes a US$1.5 million non-cash...

LISBON, Oct 23 (Reuters) - Life is set to get even more difficult for major coal exporters with Russia planning to increase shipments of the fuel and the cost advantages appearing increasingly stacked in its favour. Russia is already the third-largest supplier to the seaborne market, behind...

The number of new coal-fired power plants starting construction across south-east Asia has fallen markedly over the past two years as Australia has increasingly looked to the region to expand its thermal coal exports. Analysis by US-based climate research and advocacy group Global Energy Monitor...

The country's major coking coal and steel producer Evraz lifted its coal output by 16pc to 19.2mn t, while Kolmar raised production by 46pc to nearly 6mn t. And anthracite producer Sibanthracite Group mined 18.1mn t of coal in the first three quarters, unchanged from a year earlier. The...

MELBOURNE (Reuters) - India’s Adani Enterprises has awarded a contract to an Australian rail company as the conglomerate steps up infrastructure spending to support its new thermal coal mine in Queensland state. The A$100 million ($68.30 million) contract was awarded to privately held...

The closure is expected to impact about 225 workers. Employees were told at a compulsory meeting on Monday, local media reported. The company would try to place employees at other Peabody operations in the Midwest, according to a letter to staff. The underground Wildcat thermal coal mine...

BEIJING, Oct 14 (Reuters) - China’s coal imports in September dropped 8.1% from a month earlier, as traders held up purchases amid an increase in domestic supply and slowing demand for the fuel from power generation companies. Arrivals of coal, including thermal and coking coal, last month...

MELBOURNE (Reuters) - Australia’s New South Wales water authority has lodged a strong objection to a planned extension of the life of a coal mine operated by South 32 because of its predicted impact on water resources that support Sydney. The Dendrobium metallurgical coal mine is part of...