The Adaro Blog

Gas to overtake coal as world's second largest energy source by 2030: IEA
November 13, 2018, 8:32 pm
LONDON (Reuters) - Natural gas is expected to overtake coal as the world’s second largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday. The Paris-based IEA said in...
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Southern Company seeks up to 1.8 mil st of Q1 2019 subbituminous PRB coal
November 12, 2018, 8:28 pm
Houston — Southern Company is seeking up to 1.8 million st/year of subbituminous Powder River Basin coal on behalf of its subsidiaries for delivery in the first quarter of 2019, the utility holding company said late Friday in a coal solicitation. The company is seeking as much as 600,000...
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Taiwan to promote coal-fired power generation in medium, long term: ministry
November 9, 2018, 8:50 pm
London — Coal-fired power generation in Taiwan will remain key to the county's economic plans, promoting the use of ultra-supercritical technology to reduce emissions, the Ministry of Economic Affairs said Thursday. "In the medium and long term, the Ministry of Economic Affairs...
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Pertamina, Bukit Asam ink coal gasification deal in US
November 8, 2018, 8:48 pm
State-owned energy holding company Pertamina and state-owned coal mining firm PT Bukit Asam (PTBA) have inked a partnership with chemical company Air Products and Chemicals Inc. on coal gasification. Under the agreement, the United States-based company would build a facility to produce coal...
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Indonesia hauling ban could paralyse South Sumatra coal mining - Assoc
November 7, 2018, 1:12 am
JAKARTA, Nov 7 (Reuters) - Indonesia’s South Sumatra province plans to ban coal transporters from using public roads from Nov. 8, an industry association said, in a move estimated to cut the province’s annual coal sales by 23 million tonnes. Indonesia is the world’s top thermal...
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South Korea to cap operations of coal, oil power plants due to air pollution
November 6, 2018, 1:10 am
SEOUL (Reuters) - South Korea will cap operations of some coal and oil-fired power plants at 80 percent for the first time on Wednesday as most cities including its capital Seoul issued an air pollution advisory, its energy ministry said on Tuesday. The measure kicks in when an air pollution...
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Indonesia’s coal reference price down 2.97 percent
November 5, 2018, 1:08 am
The government has set the Indonesian coal reference price for November at US$97.90 per ton, 2.97 percent lower than the price in the previous month, which was set at $100.89 per ton as a result of the global coal price, in response to China's ongoing import quota policy. Energy and Mineral...
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Coal: The Market Awaits China
November 2, 2018, 8:29 pm
By Warren Patterson, Commodities Strategist Thermal coal prices have surprised the market once again this year, with stronger imports from China proving supportive for the seaborne market. Chinese policy will be key for how prices evolve over the winter. What will China do next? China...
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Glencore says coal price can remain stronger for longer
November 1, 2018, 11:46 am
The price of high quality thermal coal can remain stronger for longer, according to miner and commodity trader Glencore, as production of the fossil fuel struggles to keep up with demand. In a presentation handed to analysts during a site visit on Wednesday, Glencore said an extra 1bn tonnes of...
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Coal report says Australian exports have peaked and are in 'terminal long-term decline'
October 31, 2018, 11:44 am
The Australian coal export industry has peaked and entered a “terminal long-term decline”, says a new report that argues high prices have pushed global energy markets more quickly towards cheaper and cleaner alternatives. The Institute for Energy Economics and Financial Analysis...
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