BHP is open to selling its coal mines separately, potentially allowing Whitehaven Coal to bid for the Daunia mine without raising equity.
After a partial closure due to environmental management non-compliance the Port of Richards Bay has resumed its operations.
Asian metallurgical coal prices saw significant declines in Q2, with PLV Hard Coking Coal falling by 22.3% quarter on quarter to $233/mt.
China increased permits for new coal power plants in 2022, with local governments approving permits for 106 GW of new coal-fired capacity.
NextDecade Corp. will proceed with an $18.4 billion LNG plant in Texas, aiming to supply customers in Europe and Asia from 2027.
Latest EIA Energy Outlook reveals coal output expected to decline by 4.19% y/y to 572.2 mst in 2023, surpassing an earlier projection.
Thermal coal markets have high inventories and are experiencing increased demand during the summer cooling season in the northern hemisphere.
Whitehaven Coal announced a court in New South Wales dismissed a lawsuit brought seeking to invalidate consent for Narrabri Stage 3.
Alliance Coal (ARLP) has started the construction of the Henderson County Coal Mine, a multi-million-dollar operation in Kentucky.
The dry bulk shipping market is expected to face challenges in the third quarter due to China’s sluggish economic recovery and weak commodity demand.
Novatek’s first floating transfer hub for LNG arrived in the Russian Arctic after a journey from South Korea & will export LNG to Europe.