Latest news
Total: assets acquired by South Africa’s Exxaro for $472 million
Mining conglomerate Exxaro Resources declared on Monday it had purchased the South African coal assets of France's Total for $472 million, increasing its production and offering it extra capacity at the world's major export terminal.
read more... 29/07/2014
Japan to fund coal-fired power plants worldwide
The Japanese government has unveiled its support for the development of coal-fired power worldwide, by providing an annual investment of $4 billion. The move is neglecting calls from the Obama administration and global environmental groups to reduce public funding for carbon-intensive coal.
read more... 24/07/2014
Vattenfall to close carbon capture R&D
Vattenfall stated on Tuesday it was closing research and development in carbon capture for coal power and reduce it in domains such as offshore wind power in a move that would cut over 40 jobs across the state-owned energy group.
read more... 07/05/2014
Czech Cabinet approves deal for NWR coal mine to remain open
The Czech government has approved an accord consenting New World Resources to keep on running its unprofitable Paskov hard coal mine to end-2017, which would maintain 1,800 jobs, according to Industry Minister Jan Mladek.
read more... 29/04/2014
Chinese conglomerate puts single offer for Bosnia’s 450 MW coal-fired unit
The single bidder in the project to construct a coal-fired power generation unit of 450 megawatts in Bosnia remained a Chinese group, just after Hitachi retreated from the competition, as stated on Tuesday by Bosnia's power utility EPBiH.
read more... 23/04/2014