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Rising coal prices slash profit of power producers

coalgossip wrote 1 year ago: China’s power producers were feeling the pinch of soaring coal prices with more and more compa … more →

Tags: China

Ministry to replace two directors at Ministry of Energy and Mineral Resources

coalgossip wrote 1 year ago: The government has decided to replace two seniors officials at the Ministry of Energy and Mineral Re … more →

Tags: Indonesia

Swaps lose $5/mt on oil price crash

coalgossip wrote 1 year ago: European API2 (CIF ARA) coal swaps were shorn of around $5/mt Tuesday after a mid-afternoon crash in … more →

Tags: Australia, European API2, FOB Richards Bay, platts

Queensland may boost exports by 40%

coalgossip wrote 1 year ago: The Queensland State government said it is considering three new coal mine projects and the developm … more →

Tags: Australia, coal export, Queensland, Waratah

Newcastle prices take a breather

coalgossip wrote 1 year ago: The rapid escalation in prices paid for spot Newcastle steam coal traded out of Newcastle, New South … more →

Tags: Australia, GlobalCOAL, Hunter Valley Coal, Newcastle coal

Napocor to award four spot Indonesian contracts

coalgossip wrote 1 year ago: Philippines’ state-run National Power Corp. is expected to award spot panamax contracts for In … more →

Tags: Philippines, 050 kcal/kg GAR, 6, Banpu, kaltim prima coal, napocor, National Power Corp, pagbilao, SUAL

India Spice Energy in 6 million T/yr coal deal with PTBA

coalgossip wrote 1 year ago: India’s Spice Energy has signed a deal with Indonesian miner PT Tambang Batubara Bukit Asam Tb … more →

Tags: India, Coal, NMDC, PTBA, Spice Energy

Vinacomin signs up Vinh Tan coal

coalgossip wrote 1 year ago: The state-owned Vietnam National Coal and Mineral Industries Group (Vinacomin) has signed a framewor … more →

Tags: Indonesia, Berau, Electricity of Vietnam (EVN), Vinacomin, Vinh Tan

PJB re-tenders low CV coal supply for Paiton

coalgossip wrote 1 year ago: PT. Pembangkitan Jawa Bali (PJB), a unit state electricity firm PLN, said on Monday that it has re-t … more →

Tags: Indonesia, Paiton, PJB, low CV coal

President Yudhoyono inaugurates new power plant in East Kalimantan

coalgossip wrote 1 year ago: President Susilo Bambang Yudhoyono inaugurated on Saturday the operation of a new coal-fired power p … more →

Tags: Indonesia, east kalimantan, new power plant, PT Kaltim Electric Power, jawa pos group

China Shuts More Coal Power Plants; Warns on Shortage (Update1)

coalgossip wrote 1 year ago: China, the world’s second-biggest energy consumer, shut 2.5 percent of its coal-fired power pl … more →

Tags: China, coal power plants, Shortage

PT Bayan Resources Tbk will raise up the share capital

coalgossip wrote 1 year ago: PT Bayan Resources Tbk will raise up to US$694M through the sale of 25% of its share capital in an I … more →

Tags: Indonesia

EGAT to invest in Indonesia

coalgossip wrote 1 year ago: Electricity Generating Authority of Thailand (EGAT) plans to invest in Indonesian coal mines to secu … more →

Tags: Indonesia, Thailand, Egat, Electricity Generating Authority of Thailand, coal-fired power plants, Cambodia

Adaro’s IPO success and conveyor plan

coalgossip wrote 1 year ago: Bouncing back from transfer pricing allegations, Indonesia’s second-largest coal producer, PT Adaro … more →

Tags: Indonesia, PT Adaro Energy, IPO, PT Indonesia Bulk Terminal, wara

BHP Billiton’s Maruwai go-ahead

coalgossip wrote 1 year ago: BHP Billiton has announced approval for the first stage development of its Maruwai Basin metallurgic … more →

Tags: Indonesia, BHP, BHP Billiton, Investment, Coal project

Philippines Napocor securing coal supply

coalgossip wrote 1 year ago: Napocor’s second attempt to secure coal for its Pagbilao and Sual plants has failed. The Philippines … more →

Tags: napocor, Philippines, coal supply, pagbilao, SUAL

China Government Raises Price of Electricity

coalgossip wrote 1 year ago: The National Development and Reform Commission (NDRC) released its plan on June 19th to raise the av … more →

Tags: China, China government, price of electricity, The National Development and Reform Commission (NDRC)

Malaysia - New electricity tariff rates may increase

coalgossip wrote 1 year ago: The Malaysian government has finally approved the increase in retail electricity tariffs sought by t … more →

Tags: Malaysia, electricity tariff rates, increase in tariffs

South African coal mines set for another national strike

coalgossip wrote 1 year ago: Tens of thousands of South Africa-based coal miners are expected to down tools next month in nationa … more →

Tags: South Africa, South Africa-based coal miners, coal miners, power shortages


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