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Coal India incorporates new arm for coal-to-chemical business
Selasa, 28 Mei 2024 / 15:29 WIB
Coal India in February signed a joint venture agreement with Bharat Heavy Electricals Ltd (BHEL) for undertaking a coal-to-chemicals business.
New Delhi: State-owned Coal India on Tuesday announced the incorporation of a subsidiary firm, Bharat Coal Gasification and Chemicals Ltd (BCGCL) for...
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Met coal’s biggest exporter wants to get even bigger
Kamis, 02 Mei 2024 / 15:32 WIB
Simon Nicholas, Lead Analyst – Global Steel at IEEFA, comments on BHP’s takeover bid for Anglo American and its potential implications for the steel and coal industries.
BHP’s US$40 billion takeover bid for Anglo American is mainly about copper. However, a successful...
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Indonesia March exports, imports hit record highs amid commodity boom
Rabu, 20 April 2022 / 16:50 WIB
Indonesia's exports and imports hit record highs in March amid commodity price rises due to the impacts of the Ukraine war, helping the resource-rich country book a larger-than-expected trade surplus, statistics bureau data showed on Monday.
March exports from Indonesia were worth $26.5...
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EU countries hunt for global coal stocks as Russian ban looms
Kamis, 07 April 2022 / 14:10 WIB
European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and the scramble to relieve tight gas supplies, according to data and shipping sources.
The European Commission on Tuesday proposed new sanctions...
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Indonesia to continue to use fossil fuels during energy transition
Kamis, 07 April 2022 / 14:09 WIB
The government has said that it will continue to use fossil energy to meet energy demand during the transition period since Indonesia is still in the process of realizing clean energy and net-zero emissions.
However, it has developed a road map for clean energy and net-zero emissions, which...
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Trafigura, Mercuria predict return to coal as energy crisis bites
Kamis, 24 Maret 2022 / 16:16 WIB
Plunging Russian oil and gas exports to the west are set to drive up demand for coal, commodity traders say, as European governments and importers prioritise energy independence from Moscow over climate transition goals.
In recent weeks, the US, UK and EU have sought to halt President Vladimir...
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