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Major energy companies tied to approximately a third of greenhouse gases

Thirty-two energy firms managed by Russia's Gazprom represent almost a third of all man-made greenhouse gas emissions if the burning of all the coal, oil and gas they produce is taken into consideration, according to a study on Wednesday.

read more... 21/05/2015

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Poland’s JSW plans to stop investment in Krupinski mine

Poland's JSW intends to stop investing in Krupinski - one of its five coal mines - as part of a plan to reduce costs and concentrate on coking coal, but declares it is too premature to discuss about closing the thermal coal mine, as stated by a JSW spokesperson on Monday.

read more... 19/05/2015

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Poland: Bogdanka intends to pay 3 zlotys per share as dividend

Polish coal miner Lubelski Wegiel Bogdanka intends to pay out dividend at 3 zlotys per share or a total of 102 million zlotys ($28.30 million), as stated by the company on Thursday.

read more... 30/04/2015

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Czech CEZ to add 1.4 GW of new generation by end of 2015

Czech utility CEZ intends to add 1.4 gigawatts in new coal-fired units to the grid in 2015, counting a postponed plant at Ledvice now anticipated coming on line in the autumn, as stated by Chief Strategy Officer Pavel Cyrani.

read more... 23/04/2015

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EU consents rescue assistance for Romanian coal power producer

The European Commission declared on Tuesday it would permit Romania's leftist government to offer a rescue help estimated at 167 million lei ($40.3 million) to indebted state-owned coal power producer CE Hunedoara to keep it operating for the next six months.

read more... 22/04/2015

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