Coal Industry News
A collection of Coal latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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India's cooking gas shortage forces return to coal and queues: 'Moving back in time'
Mohammad Mustaqeen, a 54-year-old food vendor in Delhi, has stopped using cooking gas altogether. “Now that there is no gas, I am cooking with coal,” he says, describing a shift he never expected to make after years of relying on…
Procurement of Petroleum and Petroleum Related Products, Liquid Petroleum (LP Gas) Gas and Coal.
The global energy market is confronted with extreme instability now due to the prevailing geo –political unrest developing in the middle – east region. Since Sri Lanka depends on imported petroleum and petroleum related products…
The social media mindset - re: chunk of coal
No, they're just random people that also do this as a hobby. You're not going to get 'canceled' on bearblog, no one's gonna get their lives ruined by hundreds of people when a 'popular' blogger calls them out. I don't have the numbers exactly, but…
Citigroup Forecasts Strong Price Appreciation for Warrior Met Coal (NYSE:HCC) Stock
Warrior Met Coal (NYSE:HCC - Get Free Report) had its target price increased by equities research analysts at Citigroup from $80.00 to $100.00 in a note issued to investors on Wednesday, Benzinga reports. The firm presently has a 'buy' rating on…
Rail outlook up on firmer economic factors: AAR
A rail industry trade group says February data on freight volumes, inflation, and manufacturing suggest a soft landing for the economy, with easing inflation and no significant slowdown in economic growth. Carloads increased 6.5% year-over-year…
The war in Iran hits Indian curries - and crematoriums
The war in Iran was always going to creep up on India, the world's second-largest destination for oil exiting the Strait of Hormuz. Surprisingly, the biggest immediate impact has been on popular dishes like dosa and dal makhani. State-owned…
Trump waives U.S. shipping law for 60 days to steady oil market
President Donald Trump issued a 60-day waiver of a longstanding U.S. shipping law in an attempt to stabilize oil markets amid the Iran war, the White House confirmed to CNBC. The Jones Act requires that the transport of goods between U.S. ports…
Daily on Energy: Jones Act waived, the latest on oil prices, and Cuba pushes back
This week, the administration is getting creative with solutions aimed at bringing down prices. It also issued a general license allowing U.S. companies to buy oil directly from PdVSA, further easing Venezuelan sanctions.
CMPDIL raises Rs 470 crore from anchor investors ahead of Rs 1,842 crore IPO
Central Mine Planning and Design Institute (CMPDIL), an arm of state-owned Coal India, on Wednesday said it has mobilised Rs 470 crore from anchor investors, ahead of its initial share-sale opening for public subscription. Life Insurance…
New BHP boss has work cut out for him to deliver copper future
After six-and-a-half years in the top job and almost a quarter of a century at the world's biggest mining company, Mike Henry leaves on a high note. As he prepares to pass the torch to Brandon Craig – the company's Minerals Americas…
By waiving the Jones Act, Trump admits protectionism hurts Americans
“This action will allow vital resources like oil, natural gas, fertilizer, and coal to flow freely to U.S. ports for sixty days,” White House press secretary Karoline Leavitt explained in a statement, “and the Administration…
Fuel curbs brew concern over Darjeeling first flush
LPG is used to heat the air needed for withering and drying tea leaves. Around 41 per cent of Darjeeling tea is exported. Darjeeling tea gardens maintain limited stocks of 47.5-kg LPG cylinders The fuel shortage could hurt production, raise costs…
A new U.S. trade deal with Indonesia secures fossil fuels and access to critical minerals
A new trade pact between Indonesia and the United States has recast their economic ties, binding Jakarta's resource wealth and energy future more closely to Washington's strategic needs. Indonesia agreed to widen access for U.S. investors in…
Trump allows foreign ships between domestic ports to stabilize petrol costs
US President Donald Trump has announced a temporary 60-day suspension of the Jones Act, the century-old law that mandates cargo moving between domestic ports be transported on vessels built, operated and staffed by American citizens or permanent…
Trump Waives the Jones Act to Curb Oil Prices
“President Trump's decision to issue a 60-day Jones Act waiver is just another step to mitigate the short-term disruptions to the oil market as the U.S. military continues meeting the objectives of Operation Epic Fury,” White House…
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