New Delhi, Feb.15 (ANI): Speaking at a conference here today, World Coal Association Chief Executive Benjamin Sporton said the critical role of coal in driving economic development in India meant the international community should support advanced coal technologies in the country. “India...

President still confident of 7% growth target by end of term Government wants interest rate to `fall, fall, fall, fall’ Indonesia President Joko Widodo is confident that more Chinese infrastructure loans and lower borrowing costs can help him reach a 7 percent growth target,...

A worker loads coal on a truck at a depot near a coal mine from the state-owned Longmay Group on the outskirts of Jixi, Heilongjiang Province, China, Oct. 24, 2015. Oversupply of coal in China has been a great opportunity for miners to reunite with their families this Lunar New Year...

Shares of coal companies skyrocketed following news the U.S. Supreme Court moved to place a halt to the Obama administration’s Clean Power Plan (CPP). Peabody Energy, the world’s largest private coal company, saw its shares jumped 10.7 percent, as did Wyoming-based Cloud Peak Energy,...

Low prices and dwindling sources of finance are forcing coal producers to turn to export credit agencies (ECAs) to support their capital needs. But ECAs and their governments, increasingly driven by environmental concerns, show little or no appetite for coal projects. Coal producers have been...

* Sudden cold weather across northern hemisphere lifted demand * Utilities ordering to restock after cold snap SINGAPORE, Feb 3 (Reuters) – Coal prices bounced away from multi-year lows this week as the northern hemisphere’s peak demand winter season underpinned the market, but...

Japan’s 2015 oil imports fell to the lowest since 1988, reflecting the country’s declining population and low economic growth while at the same time its natural gas imports fell for the first time since the Fukushima nuclear disaster. Yet in the same year that the world agreed to...

Danish expertise to pave the way for more wind power in China’s energy system China burns more coal than any other country in the world, and using the fossil fuel to generate energy has left the country with environmental concerns. A planned collaboration between Denmark and China will...

Another interesting development is that stocks of miners listed on the Indonesia Stock Exchange (IDX) have performed well so far in 2016. The mining index of the IDX, which consists of the average of all mining companies (including coal miners), has climbed 10.31 percent since the year-start,...

Jakarta. Indonesia conglomerate Salim Group has agreed to buy a coal mine in Australia from gold miner Rio Tinto for $224 million plus royalties, the miner said in a statement on Wednesday. Rio Tinto sold its assets in Mount Pleasant thermal coal to MACH Energy Australia, as part of the...