Coal Industry News
A collection of Coal latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Coal-blackened moralists
It is ironic that the JVP-NPP government is now defending tainted ministers and downplaying corruption in the Parliament it came to power promising to clean up. A few weeks ago, it vehemently denied the allegation that more than a dozen coal…
AKD admits import of substandard coal, blames technicalities and supplier
President Anura Kumara Dissanayake yesterday acknowledged in Parliament that the import of substandard coal had adversely impacted electricity generation. “There's an issue with the coal. That's true,” the President said, addressing…
Coal Ministry introduces insurance surety bonds as alternative to bank guarantees
The Coal Ministry has recognised Insurance Surety Bonds (ISBs) as an acceptable alternative to bank guarantees (BGs) for bid security and performance security. ISBs is a risk transfer mechanism and can be adopted as an alternative arrangement to…
Minnesota, Illinois AGs challenge federal orders to keep coal plants running
(The Center Square) – Minnesota Attorney General Keith Ellison is challenging the Trump administration over orders requiring coal-fired power plants in Indiana to remain open past their planned retirement dates. Ellison, joined by Illinois…
Warrior Met Coal (NYSE:HCC) Upgraded at Zacks Research
Warrior Met Coal (NYSE:HCC - Get Free Report) was upgraded by Zacks Research from a 'strong sell' rating to a 'hold' rating in a research report issued on Monday, Zacks.com reports. HCC has been the subject of several other research reports.
Taiwan Joins Others in Asia Restarting Coal-Fired Units Due to Iran War
Officials with Taiwan Power Co. (Taipower) said the energy company plans to resume operations at two coal-fired units for at least three months, as the country seeks to support its supply of electricity due to the energy impacts of the Iran war.
Big tech is still hiring software engineers despite claims AI will replace them - and Marc Benioff says that's the ‘canary in the coal mine' for whether the technology is up to scratch
Salesforce CEO Marc Benioff still believes AI is nowhere near capable of replacing software engineers, and the proof is in the fact that many major industry players are still hiring for roles in this domain. Speaking during a recent podcast…
Wall Street scared by crash warning that precedes market meltdowns
Surging oil prices are always a canary in the coal mine for Wall Street, but one analyst is making the claim that climbing crude costs guarantee a stock market meltdown. With President Trump now threatening to ‘destroy' Iranian civilization…
Turkey to race ahead of EU on battery storage amid fossil fuel crisis
Turkey has given the green light to more batteries to buffer its electricity grid than any EU member state, a report has found, in a further sign of rich countries losing steam in the race to a clean economy. More than 33GW of battery capacity have…
Energy Analyst Explains the Future of California's Grid
Every evening between 5 and 6 PM across California, the sun starts to set, office workers head home, ovens click on, and the electricity grid enters one of its most demanding periods of the day. Electricity prices rise, natural gas plants ramp up…
Iran war: Indian migrant workers hit by cooking gas cylinder shortages leave cities
Every morning, Shakuntala Devi and Shakiba Bibi - neighbours at a slum in India's capital Delhi - leave their homes, walking from one shop to another in search of a cooking gas cylinder. For three weeks now, they have returned empty handed. 'If it…
Which power markets are most impacted by the Middle East conflict?
The Middle East crisis has split global power markets into winners and losers, according to the latest analysis from Wood Mackenzie. The consultancy's latest insight, The Great Power Divide, covers how 13 power markets – Brazil, China…
Matt Canavan's 'economic revolution' is little more than a populist mirage - and Australians would pay the price | Patrick Commins
Matt Canavan's “economic revolution” is a populist mirage masquerading as an answer to a generational challenge that will define our prosperity in the decades to come. That challenge is: how do we create a new economy that is more…
Does the Iran ceasefire mean the fuel crisis is over? Not even close
It might feel like a lifetime ago, but it was just last week analysts began talking about fuel rationing in Australia. This week, that prospect seems less likely. A temporary ceasefire in the Iran war has been announced, even as Prime Minister…
Oil back above $110 in volatile markets as Trump deadline looms for Iran to reopen strait - business live
Brent crude has risen above $110 a barrel again, after Donald Trump warned Iran “a whole civilization will die tonight” if Iran does not make an agreement. Brent, the global oil benchmark, has see-sawed in volatile markets today, and…
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