The long goodbye for coal in Europe is accelerating as the cost of shifting to green energy plunges. Companies including Drax Group Plc, Steag GmbH to Uniper SE are closing or converting coal-burning generators at a record pace from Austria to the U.K., made obsolete by...

China’s natural gas production surged to a record last month and coal output rebounded as economic growth accelerated power use in the world’s largest energy user. Natural gas production in March rose 8.2 percent from the average of the first two months of the year to a record...

SEOUL: No matter who is elected as South Korea's new leader next month it is clear that coal and nuclear power generation will likely be scaled back, with most of the candidates laying out plans on Wednesday to address public concerns over pollution and safety. Less than a month from a May 9...

APRIL 10, 2017 by: Joseph Cotterill in Johannesburg Anglo American said on Monday it had agreed to sell coal operations in South Africa that supply domestic power stations to a black-owned company, in a sign that the mining group is pressing ahead with a strategy to exit some assets in the...

Data released by Italian coal industry association Assocarboni shows that coal has fuelled 40% of total electricity production last year. As noted by International Energy Agency (IEA), coal will to continue to play a major role, with an expected 36% of the energy mix to be coal-generated by...

Damage to rail lines in cyclone-hit northeast Australia is set to disrupt exports of the steel-making material from the world's largest coking coal region, underpinning prices and raising the prospect of major producers declaring force majeure. The extent of the damage, which will hit coal...

Improving asset quality and rising loan demand could see some of China's biggest listed banks bolster their profit growth this year, bankers signaled this week, even as interest margins remain under pressure and more bad loans are written off. "The trend is promising," Yi Huiman,...

The doors to Australia's dirtiest power station will close permanently on Friday after 50 years, amping up pressure on a government desperate to avoid the kind of embarrassing blackouts that hit chunks of the country during a recent savage heatwave. France's Engie SA is pulling the plug...

Port disruptions in Indonesia and a cyclone hitting mines in Australia have tightened Asia's coal markets in March, while demand in China and other key import markets remains strong, lifting prices. Prompt thermal coal cargo prices for export from Australia's Newcastle port have risen by...

A German coal mine will be converted into giant “battery station” to store enough renewable energy to power some 400,000 homes. The Prosper-Haniel pit in the state of North Rhine Westphalia near the Dutch border, has produced the fossil fuel for almost half a century. But now it...