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Daily: European coal futures dip to 5-year lows on oversupplied system
Brent crude oil prices remained unchanged, while U.S. crude dropped slightly in choppy trading on Thursday as healthy supply and a strong U.S. dollar helped to offset worries about tensions in the Middle East would cut disrupt output. Brent increased by 5 cents to close at $97.00 a barrel after oscillating by more than $1 between $96.22 and $97.56 throughout the session. West Texas Intermediate (WTI) fell 27 cents to settle at $92.53.
read more... 26/09/2014
Poland: Coal imports from Russia are blocked by miners at border
Several 200 Polish miners blocked trains transporting Russian coal at a border passage in northern Poland to object to the less expensive Russian coal being imported in a moment when local mines are fighting, as declared by the mining union leaders on Wednesday.
read more... 25/09/2014
Safi Energy obtains $2.6 billion funding to construct Moroccan power plant
Safi Energy Company has secured $2.6 billion in funding the construction of a coal-fired power plant of 1,386 megawatts in southern Morocco, as reported by state news agency MAP.
read more... 19/09/2014
Daily: European front-month coal prices at two-month low on concerns about global supply glut
Brent crude has steadied at $99 per barrel on Wednesday on forecasts that the OPEC may curb the 2015 production. Brent dropped 25 cents to $98.80 a barrel and US crude was down 25 cents to close at $94.63.
read more... 18/09/2014
Serbia monitors coal imports, surplus of gas storage space
Serbia aims to announce an international tender to import about 2-3 million tonnes of coal to refill its sources of electricity generation since winter is close, as stated by the energy minister on Tuesday.
read more... 17/09/2014