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Russian metallurgical coal producers target Asian market on cash costs, specifications
Jumat, 24 Juni 2016 / 11:52 WIB
Russian metallurgical coal producers are seeking to grab market share from Australian and US competitors in Asia, using the cost advantage and unique specifications their coals have over the rest, participants said at the Coaltrans Anthracite & Coking Coal event in Hong Kong...
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Indonesia Chooses Gas Over Coal in Latest 10-Year Electricity Plan
Jumat, 24 Juni 2016 / 11:51 WIB
Indonesia has cut domestic coal consumption targets in its latest 10-year electricity development plans, to bring the power sector in line with the country’s carbon emissions goals laid out at the COP21 meeting in Paris last year. While expected, the cuts will disappoint the...
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BHP Says India Steel Growth to Boost Coking Coal Outlook
Rabu, 22 Juni 2016 / 11:54 WIB
BHP Billiton Ltd., the world’s biggest exporter of coking coal, sees long-term demand growth for steel-making ingredients supported by rising output in emerging economies led by India. The company lifted its coking coal production guidance for fiscal 2016 by 7.5 percent, forecasting rising...
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Glencore sees strong coal demand despite climate policies
Rabu, 22 Juni 2016 / 11:53 WIB
Power plant pipeline will ensure coal assets are not stranded, says Switzerland-based commodity and trading company in first major climate report The world needs to slash greenhouse gas emissions, but don’t expect coal demand to radically fall as a result. That’s the nub of a...
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BHP Billiton targets another $US600 million from coal arm by June 2017
Senin, 20 Juni 2016 / 11:54 WIB
BHP Billiton targets another $US600 million from coal arm by June 2017 Man pleads guilty to posting abusive comments about Nova Peris on Facebook Mining giant BHP Billiton says it is aiming to earn another $US600 million from its coal business by the end of the 2017 financial year as it seeks...
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Hendra Sinadia: the Gov`t Should Offer Incentives
Minggu, 19 Juni 2016 / 11:55 WIB
Hendra Sinadia: the Gov`t Should Offer Incentives Sunday, 19 June, 2016 | 18:08 WIB Hendra Sinadia: the Gov`t Should Offer Incentives   TEMPO.CO, Jakarta - The coal mining industry in Indonesia has not performed at its best these past few years. The price of coal has been...
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OPEC Has Its Way as China Oil Output Cut by Most in 15 Years
Rabu, 15 Juni 2016 / 11:57 WIB
China’s crude production dropped by the most in 15 years in another sign that OPEC’s strategy of flooding markets to drive out higher-cost suppliers is working in the world’s biggest energy consumer. The Asian nation reduced oil output in May by 7.3 percent from a year ago to...
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Japan Unswayed by Increasing Pressure to Disavow Coal Support
Selasa, 14 Juni 2016 / 11:58 WIB
Government sees emissions cuts from more efficient coal plants Carbon capture and storage development needed, METI says Japan, faced with increasing calls from environmentalists to phase out coal, is standing by its support of the fossil fuel, saying it will help developing...
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China Cuts Oil Output by Most in 15 Years, Coal Production Slows
Senin, 13 Juni 2016 / 12:01 WIB
(Bloomberg) — China cut crude production by the most in 15 years as producers shut higher cost fields. The world’s second-largest oil consumer reduced oil output in May by 7.3 percent from a year ago to 16.87 million metric tons, according to data from National Bureau of Statistics...
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Coal to Replace Gas as Japan’s Leading Power Source From 2019
Senin, 13 Juni 2016 / 11:59 WIB
Coal is set to overtake gas within the next three years as the largest generator of power in Japan as power utilities replace aging nuclear capacity with the fossil fuel, Bloomberg New Energy Finance said. Nuclear power, which accounted for about 29 percent of Japan’s total power output...
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