Energy development company Shumba Energy has concluded a joint venture (JV) partnership, which has resulted in it holding an 80% interest in energy company Coal Petroleum (CoPet). Based in Botswana, CoPet is developing a commercial-scale liquid fuels p…
Shumba, CoPet establish joint venture Read More »
Days before crucial elections in states impacted by Germany’s shift away from coal, Chancellor Angela Merkel’s Cabinet approved a draft law that would distribute massive spending for the ailing communities.
The draft law presented by the Economy Minis…
Merkel’s Cabinet aids troubled coal regions days before election Read More »
Seriti Resources Holdings, poised to become Africa’s second biggest coal producer, is betting that South Africa will rely on coal for decades even as Africa’s biggest emitter of greenhouse gases implements carbon taxes and is under pressure to improve …
South Africa will rely on coal for decades, key miner says Read More »
A World Bank tribunal has ordered Colombia to repay a $19-million fine it levied on Glencore’s coal mining subsidiary Prodeco, but declined the company’s petition for $575-million in damages, the government said on Tuesday.
Prodeco is one of the larg…
Glencore awarded just $19m by tribunal in Colombia lawsuit Read More »
Seriti Resources Holdings, which is poised to become South Africa’s second-biggest coal producer, may take funding from equipment suppliers and hold off on a listing as the fuel is being shunned by financiers because of its environmental impact. Closel…
Seriti may turn to equipment makers as coal IPOs shunned Read More »
Russian President Vladimir Putin has asked the government to review a mineral extraction tax for the Russian coal industry by October 31, instructions published by the Kremlin showed on Saturday.
Russia is the world’s third largest coal exporter after…
Putin orders review of Russian coal mining tax Read More »
A-property group, controlled by Russian businessman Albert Avdolyan, has requested approval from Russia’s antimonopoly service to buy a 49% stake in the Elga coal project from Gazprombank, the group said on Friday.
The request was originally reported…
Russian businessman eyes Gazprombank’s stake in Elga coal project Read More »
In a first step that would partially blur the distinction between captive and commercial coal mining, India’s Coal Ministry would amend mining legislation to enable companies free merchant sale of coal in the open market.
According to officials, the…
Coal miner Whitehaven Coal will spend $72-milion to acquire an additional 7.5% interest in the Narrabri mine, in New South Wales, taking its ownership to 77.5%.
Whitehaven on Friday said that an initial $17-million will be payable on the completion of…
Whitehaven invests $72m in bigger stake at Narrabri Read More »
India has been tipped as Australia’s greatest new thermal export market, with the potential to create at least 4 000 new direct jobs in regional Queensland.
A new report by the Office of the Chief Economist, titled Coal in India 2019, notes that Indi…
Australia targets Indian coal market Read More »
