Coal India's capex to reach INR 13,000 crore in FY21
The company spent over INR 8,000 crore up to December 2020 as capital expenditure (capex) in the current fiscal |
2021-01-11 16:05:06 |
Owners of Bluewaters coal-fired power station write down its value to zero
Coal facilities are struggling amid a market growth in renewable sources |
2020-12-17 15:10:21 |
China, Japan, South Korea to shift energy investments from coal to renewables
From 2009 to 2019, the countries invested almost USD 79 billion in coal and gas |
2020-12-17 14:54:21 |
UK to end state funding and support for fossil fuel exports
The policy will put a stop to financing of thermal coal projects outside Britain |
2020-12-15 05:15:00 |
Standard Bank to stop funding coal-fired power projects
It will, however, continue to finance coal mining if the project meets certain criteria |
2020-12-11 05:15:00 |
Malaysian bank to phase out coal finance from its portfolio
The bank has invested around USD 2.6 billion in coal projects in the past decade |
2020-12-10 05:15:00 |
Poland’s coal sector registers losses in first nine months of 2020
Revenues declined by over PLN 3 billion |
2020-12-09 05:15:00 |
US coal miners White Stallion Energy and Lighthouse Resources file for bankruptcy
The coronavirus-triggered decline in coal demand resulted into a shift to natural gas |
2020-12-08 05:15:00 |
Coal funding in India plummets by over 120 percent in 2019
The report states that only two coal projects received financing last year |
2020-11-30 15:20:29 |
Polish mining industry to benefit from state aid for coal exit
Aid programs are approved by the European Commission |
2020-11-27 05:15:00 |
Carbon pledges discourage institutions from financing coal projects
Insurance companies, banks and other financiers are pulling out of coal |
2020-11-25 14:36:44 |
Sumitomo loses billions in coal business amid decarbonization policies
Its power plant’s loan contract with Australian banks was terminated |
2020-11-24 05:15:00 |
Mechel logs financial losses in 3Q of 2020 due to low coal prices
It incurred a loss of nearly RUB 26 billion |
2020-11-20 05:15:00 |
NSW’s mining royalties projected to decline due to weaker coal outlook
Falling thermal coal prices was one of the main contributors to the retreat |
2020-11-18 05:15:00 |
Utah-Oakland coal export project is cancelled amid bankruptcy case
The project failed to attract investors due to lack of concrete plans |
2020-11-12 05:15:00 |
Adani Power’s profits surge in Q2 of FY 2020-21
The company and its subsidiaries achieved a plant load factor of nearly 50 percent |
2020-11-09 05:15:00 |
CONSOL Energy registers decline in Q3 coal sales
The company recently posted its third quarter results |
2020-11-05 05:15:00 |
NACCO Industries’ Q3 profits increase as coal revenues grow
Its operating profits increased by nearly nine percent year-on-year |
2020-11-04 05:15:00 |
Coal price drops result into third quarter losses for Bumi Resources
The company’s profit declined by nearly three times year-on-year |
2020-11-03 05:15:00 |
President Jokowi to sign tax regulation for Indonesia’s coal mining sector
The government decree covers tax or revenue arrangements for the coal industry |
2020-11-02 05:15:00 |