Proposed Wyoming bill could help fund Northwest coal port
Lawmakers in the state of Wyoming advocate a bill that would enable the state to issue US$1billion in bonds to support the construction of a Northwest port for shipping coal to Asia.
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Lawmakers in the state of Wyoming advocate a bill that would enable the state to issue US$1billion in bonds to support the construction of a Northwest port for shipping coal to Asia.
Indian coal output may be set to increase, as greater private investment in the industry spurs innovation and efficiency gains.
Linc Energy sells its conventional coal business to United Mining Group and retains rights to a potential US$590 million in future revenue.
According to Business Monitor International (BMI), Russia will shift its coal export focus to Asia, as the country faces competition from low cost coal producers exporting to Europe.
Cloud Peak Energy reported a drop in EBITDA for 2014 on the back of lower prices and reduced shipments resulting from rail services issues.
UK coal miner, Hargreaves Services, will halve output at its Scottish opencast mines in response to lower coal prices and weak demand.
Honeywell Process Solutions to provide comprehensive services and support for the control systems of the Sasol Secunda coal-to-liquids plant.
The US Energy Information Administration (EIA) has released its Short-Term Energy Outlook (STEO), highlighting falling coal prices.
Shell Chairman, Ben van Beurden, has lodged an argument against the cessation of fossil fuels use, insisting that they do have a role to play in a low carbon, high energy future.
Business Monitor International (BMI) expresses a downbeat view on industry prospects in South Africa.
Peabody Energy has been honoured for leadership advancing sustainable energy solution at the 5th World Energy PetroCoal Congress.
Anglo American’s coal business made US$438 million in 2014 – a 25% drop on 2013.