Shares of country's largest coal miner Coal India gained 1.7 percent intraday on June 18 after global brokerage house CLSA said it is optimistic on company's volume growth and cost, although there is no visibility on price hikes yet. Company is optimistic on production growth despite...

Demand for thermal coal is falling, particularly in the Atlantic, as coal-to-gas switching has become a driver of demand destruction in Europe. Brokers note this has ramifications for the Pacific, as suppliers look to Northeast Asia to absorb the glut. Atlantic coal prices have not staged a...

The world’s largest sovereign wealth fund is preparing to leave fossil fuels behind. Last week, Norway’s parliament confirmed by unanimous vote that its $1tn sovereign wealth fund would dump $13bn of fossil fuel investments – and start investing billions in renewables. The move...

Australia has approved Adani Group’s controversial coal project that opens up a new mining region and puts the world’s biggest exporter further at odds with the global movement to phase out the fuel. The Carmichael mine, which has faced steady resistance by environmental groups since...

This theory helped guide the asset management industry that burgeoned over the next half-century by balancing considerations of market risk and expected return. Over the generally booming markets of recent decades — notwithstanding the equities shocks of 2000 and 2008 — MPT has...

Over 23,000 hospitalizations, outdoor pools too hot for swimming, construction workers wearing battery-powered fans to avoid heatstroke, and the deaths of 1,032 people—these were the direct consequences of the July 2018 heatwave in Japan, when temperatures reached 106 degrees Fahrenheit (41.1...

Chile vowed to go carbon neutral by 2050 on Tuesday, in a proposal hailed by experts as one of the most ambitious yet for a coal-dependent economy. The host of the next UN climate talks in December president Sebastian Piñera pledged to close eight of the country’s 28 coal-fired...

The European energy sector has reached a “watershed” where cheaper, clean energy will destroy the economic viability of coal production within a decade, says the head of Europe’s largest power utility. Francesco Starace, chief executive of Enel, said the increasingly lower...

Singapore — A widening spread between Newcastle semi-soft coking coal (SSCC) and thermal coal prices is creating incentives for Australian coal producers with coal-washing facilities to turn thermal coal into SSCC, although the current flat demand from Asian steel mills may dampen exports,...

BEIJING, May 29 (Reuters) - China expects to achieve its national coal consumption cap targets in 2020, but the country's aggressive goals could be tempered due to solid demand from power, steel and petrochemical industries, a government-backed study showed on Wednesday. China is the...