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Column: Asia imports of thermal coal, LNG hold up despite record prices
July 12, 2022
Source: Reuters

Column: Asia imports of thermal coal, LNG hold up despite record prices

With thermal coal and liquefied natural gas (LNG) prices holding close to record highs in Asia, it would be logical to expect demand destruction, especially in developing nations said to be price sensitive. But it isn't happening yet.India, the world's second-biggest coal importer, behind China, saw record arrivals in June of thermal coal, used mainly to generate electricity, according to data compiled by commodity analysts Kpler.

Fearing Russian gas shut-off, France's industry turns to oil
July 11, 2022
Source: Reuters

Fearing Russian gas shut-off, France's industry turns to oil

France's energy-intensive companies are speeding up contingency plans and converting their gas boilers to run on oil as they seek to avoid disruption in the event any further reduction in Russian gas supplies leads to power outages. Gathered over the weekend at a business and economics conference in southern France, several top executives said they were preparing for possible blackouts. "What we've done is we've converted our boilers, so they're capable of running on gas or oil, and we can even switch to coal if we need to," said Florent Menegaux, the boss of Michelin, one of the world's leading tyre-makers.

Australia plays down 'backsliding' by allies on coal, gas use
June 29, 2022
Source: Reuters

Australia plays down 'backsliding' by allies on coal, gas use

Australia's new energy minister said on Wednesday the push for clean energy is more important than ever, even as G7 leaders water down climate protection commitments to shore up oil, gas and power supply due to the Ukraine conflict. "I'm not worried about a backsliding of ambition, because I think serious leaders around the world get it that actually the transformation is more important than before," Climate Change and Energy Minister Chris Bowen told reporters in Canberra. "If you're going to be reliant on gas, it's more important to be increasing your renewables," he said in a televised address.

Coal India plans green mining options by leveraging technology to boost output
June 18, 2022

Coal India plans green mining options by leveraging technology to boost output

New Delhi: State-owned CIL is looking at green mining options by leveraging a slew of eco-friendly technologies in both underground and opencast mines, a move that would help in augmenting the production and reduce the adverse impact on environment. With land turning out to be a major pain point for expansion of coal mining operations, these technologies bypass land acquisition and avoid its degradation. "Coal India Ltd (CIL) is taking a close look on green mining options in a bid to minimize adverse environmental impact by leveraging a slew of eco-friendly technologies in its underground and opencast mines," the maharatna firm said.

Gautam Adani, Mukesh Ambani reap windfall from surging oil, coal
May 19, 2022
Source: Times Of India

Gautam Adani, Mukesh Ambani reap windfall from surging oil, coal

Gautam Adani and Mukesh Ambani are profiting from a surge in global commodity prices triggered by Russia’s invasion of Ukraine, burnishing their fossil-fuel credentials even as Asia’s richest men publicly push their pivots toward greener energy. With coal prices skyrocketing to a record, Adani’s conglomerate is expanding a controversial mine in Australia to meet demand.

India turns to expensive foreign gas to ease its power supply crunch
May 5, 2022

India turns to expensive foreign gas to ease its power supply crunch

While natural gas makes up just a small portion of India's power mix, a scarcity of coal and hot weather has triggered scheduled blackouts, threatening to upend the economy

After China, India has most proposed coal-powered plants: Report
April 26, 2022
Source: Energy World

After China, India has most proposed coal-powered plants: Report

According to the report, pre-construction coal power capacity between 2015 to 2021 decreased nearly 90 per cent in India. From approximately 238.6 gigawatt (GW) in 2015,

Europe set to ban Russian coal, but struggles on oil and gas
April 8, 2022
Source: Energy World

Europe set to ban Russian coal, but struggles on oil and gas

"The coal ban is significant because it breaks the taboo on severing energy ties with Russia."

Andhra Pradesh cancels Adani bids to supply imported coal
April 4, 2022
Source: Energy World

Andhra Pradesh cancels Adani bids to supply imported coal

India has asked utilities to step up coal imports to address a domestic shortfall. However, expensive imports could add to the financial woes of state government-owned, debt-laden power distributors, which have overdue payments of nearly $15 billion to power generators.

Mahanadi Coalfields becomes largest coal producing company in India
March 15, 2022
Source: Energy World

Mahanadi Coalfields becomes largest coal producing company in India

On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a growth of around 16 per cent over the last financial year, the company released said.

EXPLAINER: How dependant is India on Russia for oil, gas and coal?
Feb. 18, 2022
Source: Energy World

EXPLAINER: How dependant is India on Russia for oil, gas and coal?

Any invasion of Ukraine by Russian troops could trigger sanctions and reprisals that would disrupt the movement of fuels and impact energy security affecting buyers even thousands of miles away, analysts warned.

China Looks To Run Coal-Fired Power Plants At Full Capacity
Feb. 17, 2022
Source: Oil Price

China Looks To Run Coal-Fired Power Plants At Full Capacity

China will help run its coal-fired power plants at full capacity in a bid to ensure energy security, despite the climate goals of the world's largest polluter. The Chinese government will support industrial sectors in "special difficulty," state news agency Xinhua reported this week, noting that "Food and energy security must be safeguarded."

Coal India's second interim dividend to enrich govt by Rs 2,037 crore
Feb. 15, 2022
Source: Energyworld

Coal India's second interim dividend to enrich govt by Rs 2,037 crore

Coal India's second interim dividend will make the government richer by Rs 2,037.8 crore as it is holding a 66.1 percent stake in the Maharatna PSU. The company on Monday announced a dividend of Rs 5 per share of Rs 10 each and the total payout will be Rs 3,087 crore.

Govt says continuing all efforts to further enhance coal production
Feb. 11, 2022
Source: Energy World

Govt says continuing all efforts to further enhance coal production

"The government is continuing all efforts to further enhance the coal production in the country as availability of additional coal will aid in import-substitution of coal," the coal ministry said in a statement.

34 SCCL mines facing losses in Telengana: Coal Minister
Feb. 8, 2022

34 SCCL mines facing losses in Telengana: Coal Minister

Union Coal Minister Prahlad Joshi said in Rajya Sabha on Monday that during 2020-21, 34 mines in Singareni Collieries Company Limited (SCCL) had incurred losses.

U.S. Coal Stockpiles In September Lowest Since At Least 2001
Dec. 8, 2021
Source: Oil Price

U.S. Coal Stockpiles In September Lowest Since At Least 2001

U.S. coal stockpiles fell in September 2021 to the lowest level of total monthly coal stocks at the electric power sector since at least 2001, the Energy Information Administration (EIA) said in an Electricity Monthly Update of its November report this week. High natural gas prices have been driving increased use of coal for power generation at utilities in recent months, while the supply response has been muted due to closures of coal mines in recent years. So in September, total U.S. coal stockpiles saw a month-over-month decrease of 4.8 percent, reaching 80 million tons, the EIA said.

Clean energy transition could save Maharashtra rupees 75K crore in 10 years Study
June 11, 2021
Source: Hindustan Times

Clean energy transition could save Maharashtra rupees 75K crore in 10 years Study

According to a new report published on Thursday, Maharashtra could save as much as ₹75,000 crore in the next decade by implementing three steps in its energy sector: shutting down old coal power plants by 2022, halting the construction of a new unit at the Bhusawal thermal power plant (which is in surplus to the state’s requirements) and replacing coal contracts with cleaner alternatives over the next 10 years.

How Long Will Coal Remain King In India?
Jan. 22, 2021

How Long Will Coal Remain King In India?

State-owned enterprise Coal India is the largest coal mining company worldwide. In 2019, the states of Gujarat and Chhattisgarh, announced that they will not build any new coal generating facilities. India's Ministry of Power appeared to backtrack last month on commitments to shutter existing coal facilities by proposing to allow relinquished plants to continue selling power.

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