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Peabody Lines Up $2.1 Billion Loan to Buy Anglo’s Coal Business

1732608348 from BLOOMBERG

Peabody Energy Corp. has obtained a $2.075 billion bridge loan from a mix of banks and private credit to back its acquisition of Anglo American Plc’s steelmaking coal business.

Peabody Energy secures Anglo American’s Australian coal mines in...

1732581687 from ENERGY

… Peabody Energy has acquired Anglo American’s Australian steelmaking coal … competitors Yancoal and Stanmore Coal.  The sale is part … additional payments linked to coal prices and the reopening … The sale of our steelmaking coal business is another important …

Leading U.S. Coal Producer Developing Solar, Energy Storage at Former Mines

1732286791 from ENERGY

… developer of renewable energy projects to put solar energy and battery … 5.5 GW of solar energy and battery storage capacity … the initiative advances renewable energy development in the Midcontinent … and southern Illinois, where coal has been mined since …

Latest News | Sarda Energy and Minerals, S M Steels Bag Coal Mines on Second Day of Auction

1732285784 from ENERGY

… commercial coal mines auction. While Sarda Energy won a coal mine … per a coal ministry statement. These two coal blocks upon … other companies that won coal blocks are Mineware Advisors … launched the auction of coal mines for commercial mining …

Sarda Energy & Minerals declared preferred bidder for Gare Palma IV/5 Coal Mine

1732280222 from ENERGY

… ) for its coal quality, represents a significant opportunity for Sarda Energy … ; Minerals in the energy sector. The company …

Zambia Weighs $900 Million Coal-Power Plan as Drought Hits Hydro

1732278035 from BLOOMBERG

Zambia is considering plans by a Chinese-owned company to build a $900 million coal-fired power plant, as it battles unprecedented electricity shortages caused by a record drought.

Cabinet of Ministers of Kyrgyzstan imposes temporary ban on coal exports

1732264357 from C ASIA

… The Cabinet of Ministers of Kyrgyzstan has imposed a temporary ban … the export of coal from Kyrgyzstan outside the customs territory of …

Entrepreneurs complain about lack of wagons for coal export to Uzbekistan

1732264309 from C ASIA

… for coal export to Uzbekistan. MP Yrysbek Atazhanov reported … According to him, representatives of Kyrgyz companies addressed the deputies. « … this situation arose because Uzbekistan Railways JSC reduced the … per day from the Uzbek side and distribute them …

China’s Coal Bounty to Keep Prices in Check Over Peak Season

1732171064 from FPOST

China’s abundance of coal is likely to forestall power outages and suppress prices, even as the country heads into what’s typically a peak season for consumption.

Coal imports for non-regulated sectors decline 9.83%, savings of ₹13,629 crore recorded

1732169180 from ENERGY

… sectors (NRS) and domestic coal-based thermal power plants … the steel industry, and coal for imported coal-based (ICB) power … reducing dependency on imported coal while maintaining imports for … ICB power plants to ensure energy security. Published On Nov …

China’s Coal Bounty to Keep Prices in Check Over Peak Season

1732156292 from BLOOMBERG

China’s abundance of coal is likely to forestall power outages and suppress prices, even as the country heads into what’s typically a peak season for consumption.

Minnesota’s largest coal plant goes solar: Sherco Solar comes online

1732150893 from ENERGY

… : Xcel Energy Xcel Energy has started delivering clean energy from one … coal and move to renewable energy across the Upper Midwest. Sherco Solar … 220 MW of affordable solar electricity into the grid, with … hundreds of pre-vetted solar installers competing for …

Energy portfolio committee members against the decommissioning of coal power stations without a plan for surrounding communities

1732117550 from ENERGY

… electricity and energy portfolio committee are against the decommissioning of coal … which means less coal. ALSO READ: Energy & electricity dept says … SA's just energy … said that stopping coal-fired power stations …

Burning Issue: Peak Coal Close But Demand Lingers (Podcast)

1732096712 from BLOOMBERG

Source: Bloomberg, 37:04

India’s Coal Plants to Miss Pollution Goal as Smog Chokes Delhi

1732080381 from FPOST

Most of India’s coal-burning plants are set to again fall short of a major pollution target, adding to the deadly smog that’s enveloped large parts of the country.

Why children like me have a right to be heard at the People’s Blockade of the Newcastle coal port | Frankie Kelly

1732068469 from GUARDIAN

From my perspective as a 12-year-old, it’s devastating that the protest is getting such a negative reaction from the NSW government Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast All year, I have been looking forward to the People’s Blockade of the Newcastle coal port. I’ve been so excited to see the colourful array of kayaks and get to swim and paddle in the harbour with my friends to make our voices heard, and let the government know that we need to do everything we can right now to stop the climate crisis. I know that Rising Tide has been working incredibly hard to make the blockade a fun and safe experience for everyone, but it feels like instead of listening to our concern about the climate crisis, the state government is doing everything they can to try to stop our “protestival” from going ahead. Frankie Kelly is a 12-year-old climate activist with Rising Tide from Newcastle Continue reading...

Drill Baby Drill Returns as G20 Drops Fossil Fuel Phase-Out from Final Draft

1732044600 from OILPRICE

The G20 just fumbled the fossil fuel debate. Or did it? Rio’s final G20 statement dropped any explicit call to phase out oil, gas, and coal. Instead, it offered vague applause for the UAE Consensus from COP28. This wasn’t an oversight. It was a decision. At COP28, 200 countries agreed to phase out fossil fuels by 2050. The G7 doubled down earlier this year. COP29 in Baku was supposed to build on this. Then Rio happened. Now, G20 leaders are dodging the hard part. No one should be shocked. The idea that “inexperienced aides”…

W.Va. receives more than $500,000 from federal government for mining safety & training

1732036638 from MINING

… support programs that help reduce mining accidents, injuries and illnesses. The … and metal/nonmetal mines and miners employed in shell dredging or … and gravel-mining operations. “For generations, West Virginia coal miners have helped …

Warrior Met Coal Earns Relative Strength Rating Upgrade

1732003200 from investors

Warrior Met Coal shows rising price performance, earning an upgrade to its IBD Relative Strength Rating The post Warrior Met Coal Earns Relative Strength Rating Upgrade appeared first on Investor's Business Daily.

Fusion Leader Wants to Turn Old Coal Plants Into Breakthrough Nukes

1731934819 from BLOOMBERG

Commonwealth Fusion has crossed a key threshold on its quest to generate clean power. It's eyeing shuttered fossil-fuel plants as prime sites to do so.

Origin Energy CEO warns Australia must prepare for coal-free future

1731902636 from ENERGY

… to reshape its energy landscape as coal-fired power stations … Investment Scheme.  However, gas-fired power, which Calabria … — aggregated networks of home solar panels and batteries — to … transmission infrastructure were jeopardising energy stability. He urged …

Top polluting cities revealed as activists fume at COP29 fossil fuel lobby

1731671410 from ALJAZEERA

Oil giants commit $500m for sustainable energy, but campaigners say lobbyists have seized control of climate talks.

Over 1,700 coal, oil and gas lobbyists granted access to Cop29, says report

1731630501 from ENERGY

… least 1,773 coal, oil, and gas lobbyists have been … Soltanov, Azerbaijan’s deputy energy minister and chief executive … 43 representatives hailing from oil majors like TotalEnergies and … offshore oilfield operations. Coal, oil and gas are the top contributors …

UK leads the way as new coal mines banned under tight new legislation

1731592886 from MINING

… via Getty Images) New coal mines will be banned in the … Minister Michael Shanks said: “Coal mining powered this country for over …

Government to ban new coal mining schemes as UK turns to clean energy

1731590736 from MINING

… new coal mines (John Giles/PA)New coal mining schemes will … coal mines that would be unaffected and could continue mining in … Shanks paid tribute to coal miners who “kept the lights on … to grant it underground coal mining licences. Mr Shanks said: …

Climate action in fossil fuel sector has ‘stalled’, says report 

1731585641 from FT

Also in today’s newsletter, why private capital will not suffice for Africa’s climate needs

Peabody Energy Shows Improved Relative Price Performance; Still Shy Of Benchmark

1731571200 from investors

Peabody Energy shows rising price performance, earning an upgrade to its IBD Relative Strength Rating The post Peabody Energy Shows Improved Relative Price Performance; Still Shy Of Benchmark appeared first on Investor's Business Daily.

ADB and Kazakhstan ink agreement to accelerate coal phase-out with energy transition mechanism

1731565001 from C ASIA

… can be accelerated in Central Asia.” Kazakhstan, a major coal consumer … energy capacity. Photo: Kazakhstan relies heavily on coal … emissionsSource: Google Images  “Kazakhstan will need to develop … support and experience,” said Kazakhstan’s Minister of Energy, …

ADB, Kazakhstan Take Next Step Toward Early Coal Retirement with ETM Agreement

1731473818 from C ASIA

… are committed to helping Kazakhstan decarbonize its economy in … can be accelerated in Central Asia.” “Kazakhstan will need to develop … Minister of Energy of Kazakhstan Almassadam Satkaliyev. “I hope … emissions. The Government of Kazakhstan’s long-term strategy …

Climate Skeptics Urge Trump to Boost Coal, Gut Science in Agencies

1731409218 from BLOOMBERG

Activists who downplay climate change delivered a wish list to Trump’s transition team, with one calling his win “a tremendous opportunity” to reverse US policy. 

L&T Energy bags NTPC orders for thermal power plants in Madhya Pradesh, Bihar

1731400867 from ENERGY

… Delhi: L&T Energy CarbonLite Solutions has received … including boilers, turbines, and electrostatic precipitators, along with related … time Director & President (Energy), L&T. “We … execution.” L&T Energy CarbonLite Solutions, a division …

Indonesia's Adaro Energy to raise $292 million with listing of coal unit

1731400866 from ENERGY

… Adaro Energy, the world's sixth-largest coal miner, … to existing stakeholders. Adaro Energy is looking to support … , it added. Adaro Energy is building an aluminium … managing director at nonprofit energy finance thinktank Energy Shift Institute, said …

French-Backed Group Details Ways to Make Coal Investing Greener

1731399504 from FPOST

One way would be to loosen criteria around what is considered “transition finance.”

Adaro Eyes $291 Million from Unit IPO to Spin Off Coal Business

1731386588 from BLOOMBERG

Coal miner PT Adaro Andalan Indonesia may raise as much as 4.59 trillion rupiah ($291 million) from an initial share sale, part of a move by its parent company to shift away from fossil fuels.

Drax Delays New UK Gas-Fired Power Plants Amid Grid Congestion

1731324849 from BLOOMBERG

Drax Group Plc pushed back the start of three new gas-fired power stations to next year because of delays in getting the units connected to the grid.

India’s captive and commercial coal output surpasses 100 MT, achieved 100 days earlier

1731309089 from ENERGY

… period. The ministry of coal attributed this increase to … in captive and commercial coal output demonstrates the success … underscores our commitment to energy self-sufficiency and sustainable … ahead, the ministry of coal is optimistic about exceeding a …

India’s hunger for fossil fuels drags on its push towards net zero

1731301254 from FT

Growing economy sucks up more electricity than its green sources can provide despite billions invested in solar and wind farms

WA govt funds $7.2bn Westport plan

1731294750 from BIZNEWSAU

The state government has committed $273 million towards the Westport proposal, which has been projected to cost $7.2 billion to deliver.

Gog-Magog are Coal, Gas, Oil and LNG Now

1731226486 from ENERGY

… University study. “Natural gas and shale gas are all bad for … fossil fuels. From coal mining to gas and oil drilling there’s … replace our dirtiest energy sources with clean, renewable energy. And now … University study. “Natural gas and shale gas are all bad for …

Trump Victory Could Spark Coal Power Revival, Says Duke Energy CFO

1731179405 from ENERGY

… back greenhouse gas emission controls on the gas, oil, coal, power … regulatory onslaught on American energy producers." "Throughout … embrace domestic oil and gas production, lower energy and electricity prices, … America's nuclear power plants.  By …

Doubt over future of coal-fired power station site

1731156033 from ENERGY

… concerns from environmental campaigners. Uniper Energy, which owns the site, … , UK's last coal-fired power station closed, with … known as the East Midlands Energy Re-Generation (EMERGE) Centre … landfill and generate enough energy to power 90,000 homes …

Govt cancels JSW Steel’s coal block agreement, forfeits Rs 100 cr guarantee for non-compliance

1731127604 from ENERGY

… extensions, no compliance The coal block agreement, initially signed … policy within India’s coal sector, emphasizing adherence to … operationalizing these coal blocks could hinder the coal production targets … for domestic coal as part of India’s energy security …

Power plants ask SCOTUS to nix retroactive coal cleanup order 

1731110419 from ENERGY

… (CN) — A rural electric cooperative asked the Supreme Court … failure and neurological harm. Coal plants produce around 75 … two Kentucky plants, distributing coal ash between four landfills. … all coal ash from Dale station in 2014, halting energy production …

Letter: Staying with reliable coal, gas and nuclear moves us closer to true energy independence

1731098913 from ENERGY

… the U.S. coal-generating capacity, closed … us closer to true energy independence?” In Minnesota … solar,” you find energy coming from coal, natural gas and nuclear … energy” study. Staying with reliable coal, gas and nuclear moves us closer to true energy …

RE Push Can Lead To 24% Dip In Coal Power Generation By 2030: CEEW Study

1731053545 from ENERGY

… The combined share of solar and wind power is projected to go … energy are expected to drive a 24 percent decline in coal-based electricity … share of combined solar and wind power in the energy mix for India … in the sector’s oil and gas demand relative to the …

Coal ministry launches online module for mine opening permissions

1731039064 from ENERGY

… process for opening coal mines. Coal Secretary Vikram Dev … necessary clearances for operationalizing coal mines. The new mine … support India's energy security. The ministry … accelerate coal production, contributing to the country’s energy requirements …

Sacred Cow: Coal-hungry India Eyes Bioenergy To Cut Carbon

1731033992 from ENERGY

… quot;food producers to energy producers" and generate … expensive than conventional gas, Indian production is … gas to produce electricity also releases damaging emissions, although less than coal and oil … head of renewable energy company Bharat Light and …

‘We’ve got Trump back’: Mining industry sees new inroads

1731007796 from MINING

… , president of the National Mining Association, a prominent trade … members include hardrock and coal miners. Nolan said the Biden … in America.’” The National Mining Association, which tickets itself as … Street to ensure domestic mining companies benefit from a …

Hundreds of ex-Wigan mining families to get major pension boosts

1731006244 from MINING

… a national scandal that former miners across the towns of Makerfield … is rightfully owed back to mining families. "This is … this agreement to ensure former miners and their families get a … He said: “We owe the mining communities who powered this country …

Zero: How Much Can Trump’s Return Boost Fossil Fuels? (Podcast)

1731004616 from BLOOMBERG

Source: Bloomberg, 36:53