• U.S. Coal Exports Rising Again?

    • Date: 07/01/17
    • Platts

    US coal exports totaled 5.95 million mt in November, up 34.8% from the prior month and up 39.2% from the year-ago month, US Census data showed Friday. The month also showed the first significant US exports of bituminous coal to China since February 2014.  For overall US coal exports, November was the highest monthly total […]

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  • Reality Check: Solar Energy Is Always A Decade Away From Being Cheaper Than Coal

    • Date: 05/01/17
    • Michael Bastasch, The Daily Caller

    Every few years, analysts come out of the woodwork to predict energy produced by solar panels will become cheaper than coal on a global scale. This year, the research firm Bloomberg New Energy Finance (BNEF) predicts “solar may be cheaper than using coal on average globally” by 2025. Solar prices have fallen 62 percent since 2009 and […]

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  • Exxon’s 2040 Outlook: Fossil Fuels Aren’t Going Anywhere

    • Date: 31/12/16
    • OilPrice

    The global energy mix will not look that much different for oil and gas in 2040, according to Exxon Mobil’s recently released 2017 Outlook for Energy: A View to 2040. Source: Exxon 2017 Outlook for Energy Both the middle class and world GDP is expected to double in the next 15 years, accelerating demand for […]

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  • Chinese Coal Industry Sees Earnings Explode In 2016

    • Date: 30/12/16
    • Todd Royal, OilPrice

    China recently reported rising coal industry earnings. The Chinese National Bureau of statistics mentioned a growth of “157 percent in the first 11 months of 2016”, while industries such as oil and gas drilling along with power supply saw profits decline in the subsequent period. This continued use of coal mirrors the rise in coal-fired power […]

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  • Coal Demand Is Shifting To Asia

    • Date: 27/12/16
    • OilPrice

    As coal declines in Europe and America, the shift to Asia is accelerating. Coal is the preferred option to increase power generation in growing economics that face electricity shortages. In its medium-term coal market report for 2016, IEA reports that global coal demand growth has stalled after more than a decade of 4 percent annual growth, […]

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  • U.S. Shale Boom On Wave Of New Fracking Permits

    • Date: 26/12/16
    • Andrew Follett, The Daily Caller

    State governments in Appalachia have issued 229 new permits for hydraulic fracturing, or fracking, since November, according to analysis by a trade publication. Pennsylvania’s government issued 179 permits since Nov. 1. Ohio issued 43 permits and West Virginia issued seven. This is almost double the average number of permits issued during a similar period, indicating that a fracking […]

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  • China Boost Coal Production, Ends Price Rally

    • Date: 25/12/16
    • Bloomberg

    Coal’s recovery was one of the biggest surprises in commodities this year, but it’s all poised to end as output rises from China, producer of half the world’s supply. After half a decade of declines, European prices rebounded more than 80 percent as China, also the world’s biggest consumer of the fuel, boosted imports. Benchmark […]

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  • Putin: Good Prospects For Russian Coal, World’s Most Important Energy Source

    • Date: 23/12/16
    • Sputnik News

    There are good prospects for the successful development of the coal industry in Russia, President Vladimir Putin said during the annual press conference on Friday. “In the world today coal is used even more… than, I think, oil and gas. Coal remains the most important world energy component,” Putin said. The president noted that, despite this, Russia works on the development of alternative […]

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