The Adaro Blog
Power Producers Should Cheer Coal's Closing Time
October 9, 2017, 9:07 pm
Et tu, Texas? Barely a week after Energy Secretary Rick Perry pitched his latest plan to revitalize the coal industry, the biggest power company in his home state announced it was shutting down one of the largest coal-fired power plants there.
In fairness, Vistra Energy Corp. has been...
Trump Administration Unveils Plan To Help Coal, Nuclear Sectors
October 5, 2017, 7:07 pm
At the end of September, the U.S. Department of Energy quietly issued a Notice of Proposed Rulemaking (NOPR) with the Federal Energy Regulatory Commission that amounts to requiring subsidies for coal and nuclear power plants. The rule would be a sea change in how electricity markets have...
COLUMN-Russia takes advantage of China's North Korea coal ban: Russell
October 2, 2017, 6:56 pm
LAUNCESTON, Australia, Oct 3 (Reuters) - China’s coal import data for August flung up an interesting anomaly in the form of renewed imports from North Korea, but of far more interest is the surge in cargoes from Russia.
Customs data showed that China imported 1.6 million tonnes from North...
Russia Props Up Ukraine Rebels With Coal Sales From War Zone
September 29, 2017, 5:01 pm
Russia is helping Ukrainian rebels sell coal on international markets to raise much-needed cash for pensions and social needs, evading a blockade imposed by the government in Kiev as efforts to implement a peace deal remain stalled.
The separatists are sending nearly 1 million tons of coal per...
US coal output continues slip: EIA
September 21, 2017, 4:51 pm
Houston (Platts)--21 Sep 2017 612 pm EDT/2212 GMT
US coal production slipped for the fourth consecutive week in the week ending September 16, but at 15.5 million st it was still 7.2% higher than in the same week of 2016, Energy Information Administration data showed...
Indonesian coal miner shares tumble on possible new pricing rules
September 13, 2017, 3:56 pm
JAKARTA, Sept 13 (Reuters) - Share prices of some of Indonesia’s biggest coal miners plunged on Wednesday after the country’s mining minister said he would be open to revising domestic coal pricing rules.
PT Bukit Asam Tbk was worst hit, tumbling 17 percent to close at 10,075 rupiah...
BHP upbeat on ore, coal price outlook
September 4, 2017, 4:49 pm
BHP Billiton says prices of the nation’s two biggest exports — iron ore and coking coal — are expected to remain strong until at least the end of the year, in one of the more upbeat assessments of global commodities demand from a big miner in years.
In its economic outlook,...
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