Coal Energy

Cheap Solar Could Damage Coal Industry by 2040

A new study suggests that solar energy will be more cheaper way than coal to produce electricity in most parts…

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Asia Coal expects loss to widen in fiscal 2015-2016

Asia Coal Ltd. expects an increase in the loss for the year ended March 31 of approximately HK$20 million as compared…

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Up Energy secures long stop date extension for 2.6B yuan mines deal

Up Energy Development Group Ltd. secured an extension for long stop date for the proposed deal under which it will…

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India considering new approach to help boost coal production

India is considering a new approach to merge underground mines in the same geographies as part of efforts to boost its coal…

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Chinese state coal producers asked to slash production

Chinese authorities want state-owned coal companies to slash their coal production capacity by 10% in addition to improving efficiency as…

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Coal Energy

China’s coal production drops 11% YOY

China saw an 11% year-over-year decline in coal production in April amid an effort to boost falling prices, Reuters reported,…

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Asia Energy News

News in brief: May 13, 2016

* Australia’s Origin Energy is said to have engaged Macquarie Capital to advise on a potential spin-off of its gas…

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Government rejects Reliance Power’s request to mortgage coal blocks

Anil Ambani-led Reliance Power has failed in its bid to mortgage coal blocks attached to Sasan Ultra Mega Power Project in…

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US EIA sees 48% increase in world’s energy consumption by 2040

Non-Organization for Economic Cooperation and Development countries, notably China and India, will account for more than half of the projected…

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Mitsui & Co. to cut thermal coal assets

Mitsui & Co. is looking to cut its thermal coal investments amid mounting pressure worldwide for companies to trim reliance…

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Australia’s Pembroke Resources acquires coal assets for A$120M

Denham Capital-backed Pembroke Resources acquired interests in metallurgical coal tenements that collectively encompass the Olive Downs Complex in Queensland’s Bowen Basin…

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