BELGRADE, June 9 (Xinhua) -- State utility Electric Power Industry of Montenegro (EPCG) signed an agreement on Tuesday with a consortium spearheaded by China's Dongfang Electric Corporation (DEC) on the reconstruction of Montenegro's only coal power plant built in 1982. The agreement on...

In the wake of the COVID-19, electricity demand in Japan has dropped and power prices have declined. The electricity sector is further impacted by ongoing economic contraction, delays in the shipment of photovoltaic (PV) modules from China, and low nuclear availability. These factors are leading...

The Energy and Mineral Resources Ministry has expressed its opposition to granting Indonesian coal miners’ request to relax coal royalty payments amid the COVID-19 pandemic. The ministry’s director for non-tax state revenue of coal and minerals, Johnson Pakpahan, said on Friday that...

SINGAPORE (Reuters) - Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economies crippled by the coronavirus pandemic, analysts say. Fossil fuel demand will plummet this year as lockdowns sap...

TOKYO (Reuters) - Japan’s government-owned export credit agency said it has not changed its policy on financing coal power plants, muddying a message from the bank’s head that environmental groups had hailed as a major shift on the polluting fuel. The Japan Bank for International...

Indonesia’s largest thermal coal miner, PT Bumi Resources, booked a US$6.84 million profit in 2019, down 97 percent from $220.4 million in the previous year partly due to falling coal prices and higher fuel-related costs. The publicly listed company’s revenue only increased 0.06...

Indonesian coal producer Bayan Resources is to halt production at two of its mining subsidiaries until 30 April as a precautionary measure amid the global coronavirus pandemic. Its Tabang and Fajar Sakti Prima subsidiaries operate mines in Indonesia's east Kalimantan province and produce a...

LONDON (Reuters) - Anglo American expects output at its Kumba Iron Ore mine in South Africa to fall by up to 3 million tonnes in 2020 because of a 21-day lockdown and coal export production to be up to 2 million tonnes lower, it said on Friday. The London-listed miner also lowered output of...

SEOUL, March 26 (Reuters) - South Korea’s first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronavirus outbreak has reduced the country’s demand for electricity. South Korea, the world’s No.4 coal importer, is...