MENA versus APAC in the battle for limited commodities
Leading oil and gas executives from the APAC region meet to discuss ways of competing with production from the MENA region.
Browse the latest coal news and articles.
Leading oil and gas executives from the APAC region meet to discuss ways of competing with production from the MENA region.
Arrow Energy is set to reject a take-over bid from a company jointly owned by Royal Dutch Shell and PetroChina.
The changing behaviour of the European and Chinese coal markets and its impact on South African export coal prices.
Westside Corp. has announced a joint venture with Mitsui & Co. to develop the Dawson Seamgas fields.
Essar Group, through its subsidiary Essar Minerals, Delaware, has announced an agreement to acquire US coal producer Trinity Coal Partners LLC from energy and commodities-focused fund, Denham Capital, for US$600 million.
The Indian minister of coal, Sriprakash Jaiswal, has called for the adoption of clean coal technologies and the increase in coal production levels in order to decrease greenhouse gas emissions and meet future energy demand.
March 2010: Kay Sever outlines invisible barriers that can sabotage change.
One of the largest mining groups in the world, Anglo American, has announced its results for 2009. Operating profits stood at US$ 5 billion, dropping 50% on 2008. Coal operations also suffered big drops in profit, with met coal down 59% and thermal coal down 33%.
Peabody Energy has shipped the first coal to the new Newcastle Coal Infrastructure Group export terminal in Newcastle, Australia. The NCIG terminal is an important part of the miners plans to nearly double coal exports from Australia by 2014.
Rio Tinto and Vale have announced their annual results for 2009. Rio Tinto experienced mixed results with revenues from Australia dropping, while US revenues increase. Vale’s coal business remains relatively small, but will continue to develop as production ramps up in Australia and Colombia and starts in Moatize.
BHP Billiton, Xstrata and Arch Coal Inc. release their full year results for 2009 and look ahead to a better 2010 driven by demand from Asia.
Despite environmental concerns, India will increase its coal burn as power and coal shortages loom. However, the country must still face these environmental and market challenges.