Latest news
China not to approve new coal mines until at least 2019
China, world’s largest coal consumer, has taken a tough decision to block any new proposed coal mines at least until 2019.
read more... 06/01/2016
EFT begins testing first 300 MW power plant in Bosnia
UK-based trading and investment conglomerate Energy Financing Team (EFT) declared on Tuesday it had begun testing its first electricity generation facility, the 300-megawatt (MW) Stanari coal-fired power plant in northern Bosnia.
read more... 06/01/2016
Final farewell to the last British deep coal mine
UK has closed on December 18, 2015 its last deep coal mine Kellingley Colliery in North Yorkshire, marking the end of an era of deep coal mining, industry that once employed more than 1 million miners at over 3,000 collieries.
read more... 23/12/2015
Demchyshyn: Ukraine to purchase Russian gas only at below $200 in 2016
Ukraine is ready to buy gas from Russia in Q1 2016 only if prices are reduced to under $200 per 1,000 cubic meters, Energy and Coal Industry Minister of Ukraine Volodymyr Demchyshyn has said.
read more... 22/12/2015
IEA: Global coal demand will decline
Global coal demand has slowed down after more than a decade of “aggressive” growth, that’s according to a report by the International Energy Agency (IEA) which anticipates global demand for coal will be reduced by over 500 million tonnes by 2020.
read more... 21/12/2015