The Adaro Blog

BOWIE SAYS ACQUISITION TO MAKE IT LARGEST US WESTERN COAL BITUMINOUS PRODUCER
November 24, 2015, 1:53 pm
Houston (Platts)–23 Nov 2015 353 pm EST/2053 GMT Bowie Resource Partners will become the US’ largest Western bituminous coal producer following a deal with Peabody Energy, according to the company. The Louisville, Kentucky-based company expects the $358 million acquisition to...
Read More

Why Analysts Remain Positive on Coal India Despite Earnings Miss
November 21, 2015, 1:55 pm
Coal India shares outperformed on Wednesday, rising nearly 1 per cent to Rs 335 against over 1 per cent drop in the broader Nifty. Coal India has seen consistent buying over the last two weeks, despite weakness in the broader markets. A number of brokerages continue to be optimistic about Coal...
Read More

Solar short of modi’s target seen cutting coal’s market in India
November 18, 2015, 1:59 pm
New Delhi: The steadily declining cost of solar panels will cut in on coal’s dominance in the electricity industry in India as photovoltaic installations surge to reach Prime Minister Narendra Modi’s target, KPMG said. The consulting firm estimated the cost of solar generation may...
Read More

No end to coal despite deal at climate summit
November 16, 2015, 1:41 pm
IT IS tempting to take the champagne-fuelled view that the historic global climate agreement reached in Paris signals the death of coal, but even if the dirty fuel is terminal, it will be a long, lingering demise before the final hacking cough. This is simply because coal is, and will remain for...
Read More

EU to urge rich nations to cut coal subsidies
November 13, 2015, 2:00 pm
European Union negotiators will push other rich countries next week for a robust deal to phase out subsidies for exports of technology used to build coal-burning power plants, EU sources said. Upcoming talks at a Paris meeting of the Organization for Economic Cooperation and Development (OECD)...
Read More

Want to Burn Coal and Save the Planet? Japan Touts a Solution
November 9, 2015, 2:01 pm
By Chisaki Watanabe (Bloomberg) — For all the talk of a solar boom in Japan, coal still has a future there, and potentially a big one at that. Japan’s government and industry are backing emerging coal technologies they say are less damaging to the...
Read More

China offers bonus to coal power plants to meet emissions rules
November 8, 2015, 1:45 pm
Getting China’s cash-strapped coal-fired power industry to comply with tough emissions rules and tackle choking smog that has recently blanketed the capital and other major cities will take incentives as well as fines. In a change in tack after years of fining rule-breaking firms, the...
Read More

Glencore Says It Is Cutting Debt Faster Than Expected
November 4, 2015, 2:02 pm
LONDON— Glencore PLC is cutting its net debt faster than expected and its trading arm is on track to meet earnings expectations this year, the Swiss commodities giant said Wednesday. The company aims to cut $10 billion in net debt by the end of 2016. Analysts said those plans seem to be...
Read More

Indonesia 2016 coal exports to slump as low prices hurt miners -industry
November 2, 2015, 2:03 pm
Oct 30 Coal shipments from Indonesia will plunge as much as 17 percent next year, with most miners in the world’s No.1 exporter of thermal coal losing money and slashing output, a senior industry official said on Friday. Indonesia will export less than 300 million tonnes in 2016 from...
Read More

Coal Exports Drop on Low Prices
October 30, 2015, 2:31 pm
The nation’s coal exports significantly dropped in the first nine months of the year as coal companies continued to suffer from low prices in addition to becoming increasingly dependent on the domestic market. Figures from the Energy and Mineral Resources Ministry’s directorate...
Read More

Page 76 of 113, showing 10 records out of 1123 total, starting on record 751, ending on 760