The Adaro Blog
Exxon is helping China move away from coal
April 22, 2019, 6:56 pm
New York (CNN Business)China is turning to ExxonMobil to help meet its insatiable appetite for cleaner energy as the country moves away from coal.
Despite lingering trade tensions between Washington and Beijing, Exxon (XOM) on Monday announced a 20-year agreement to send liquefied natural gas to...
Thermal coal prices enter bear market territory
April 10, 2019, 7:54 pm
One worrying sign for the global economy: Thermal coal — burnt in power stations to generate electricity — has slumped into bear market territory, with benchmark prices around the world dropping to multiyear lows before recovering.
The downturn started in Europe where falling...
Tokyo Gas, Shell sign LNG deal linked to coal pricing in rare move
April 5, 2019, 7:28 pm
TOKYO/SINGAPORE (Reuters) - Japan’s Tokyo Gas said on Friday it has signed a deal with Royal Dutch Shell for the long-term supply of liquefied natural gas (LNG), partly using a coal-linked pricing formula in an unusual move for an Asian LNG buyer.
This is believed to be the first time a...
India approves new coal projects amid a shrinking global pool
March 29, 2019, 7:10 pm
India continues to endorse new coal-fired generation projects, beating a global trend of shrinking thermal projects as concerns mount on rising emissions and tightening of credit.
A report released jointly by Global Energy Monitor, Greenpeace India and the Sierra Club (US) shows the number of...
Japan to rule out coal-fired plants as international criticism rises
March 28, 2019, 7:07 pm
The Environment Ministry said that in principle it will not sanction construction of new large coal-fired power plants nor boilers to existing facilities in line with Japan's international pledges to tackle global warming.
Moves are spreading worldwide to shun facilities that burn fossil...
China boosts coal mining capacity despite climate pledges
March 26, 2019, 6:48 pm
BEIJING (Reuters) - China added 194 million tonnes of coal mining capacity in 2018, data from the energy bureau showed on Tuesday, despite vows to eliminate excess capacity in the sector and to reduce fossil fuel consumption.
Total coal mining capacity in the country was at 3.53 billion tonnes...
Global coal demand up 0.7% in 2018, largely due to Asia: IEA
March 26, 2019, 6:46 pm
London — Global coal demand totaled 3.778 billion tons of oil equivalent (Btoe) in 2018, up 0.7% on the year, bolstered largely by increased use in India and Southeast Asia, according to data released Tuesday by the International Energy Agency.
Coal rode the wave of increased demand from...
2019, Adaro Fokus Kembangkan Produk Coking Coal
March 25, 2019, 7:20 pm
REPUBLIKA.CO.ID, JAKARTA -- PT Adaro Energy pada tahun ini akan fokus melakukan peningkatan produksi batu bara kokas atau coking coal. Selain peningkatan produksi, Adaro juga akan membidik pasar pasar coking coal.
Presiden Direktur Adaro, Gharibaldi Tohir menjelaskan ekspansi pasar Adaro kepada...
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