The focus in the Chinese spot market was back on domestic thermal coal prices, which buckled in Asia trade and caused buying interest on cargoes of imported fuel to sink below $75/mt CFR South China in many cases, said market sources. ...
Tags: Buckles, Thermal Coal
Coal shipments to South Korea from Port Waratah Coal Services' terminals at the Australian port of Newcastle slumped 55% from January to 993,000 mt in February, the company said Thursday. The drop comes after Port Waratah's terminals ...
Tags: Coal Imports, Newcastle Port, Coal shipments
Scientists at the University of Auckland, New Zealand have developed a wearable electromagnetic energy harvester that could take vibrational kinetic energy generated by the wearer and convert it into usable electricity for medical devices. ...
Tags: Electrical, Electronics, Instruments, Meters
Foster Wheeler AG announced that its board of directors has recommended the payment of a cash dividend of $0.40 per registered share, subject to approval by the company's shareholders at the company's annual general meeting, to be held on ...
Tags: Foster Wheeler
Britain risks “anarchy and chaos” if it fails to defend its smart systems from cyber attacks, according to a security specialist. Chris McIntosh, CEO at ViaSat UK, says that without high-grade defences to protect them, devices ...
Tags: Britain, critical infrastructure, customers, grid, smart meters
Anglo American's thermal coal division produced 67.6 million mt in the 2013 financial year, slipping 2% on the year due to lower-than-expected production at Colombia's Cerrejon and South Africa's New Vaal mines. The miner said in its ...
Tags: Thermal Coal, Mineral
One of Europe's biggest manufacturers of high and low voltage distribution equipment has announced major expansion plans for 2014 After seeing business flourish over the past two years, British firm Bowers Electricals will not only ...
Tags: Transformer
Germany's economy and energy minister laid out Tuesday proposals to curb renewable energy subsidies and cap electricity prices but opponents fear they could jeopardise the country's much vaunted green energy transition. Just weeks after ...
Tags: Consumer Electronics, Electronics
Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) today confirmed that, following a comprehensive review of strategic alternatives, it has provisionally agreed with AMEC plc (“AMEC”) on ...
Tags: Foster Wheeler, AMEC, non-binding outline terms, business combination
An Oxford academic is claiming that energy efficient lighting has played a significant role in reducing energy demand in Britain and will help to militate against the threat of full-blown power cuts as the nation's ageing power stations are ...
Tags: Lights, Lighting, Energy Efficient Lamps, Lamps
For nearly two decades, Swaminomics has argued that India must stop treating the outside world as a threat -- as in the old socialist days -- and view it as an opportunity. Historically, India was and can once again become a great trading ...
Tags: Manufacturing, Processing Machinery, Machinery Manufacturers
Foster Wheeler AG (Nasdaq:FWLT) announced today that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by Saudi Aramco for the provision of engineering and project management services for the ...
Tags: gas program, energy
Platts – Oil production from the Organization of the Petroleum Exporting Countries (OPEC) fell to 29.7 million barrels per day (b/d) in November, the lowest volume since mid-2011 when the uprising in Libya significantly reduced the ...
Tags: Platts, OPEC, oil production, Platts survey of OPEC
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a framework management contract by Horizon Nuclear Power to provide engineering support and related services for two new nuclear power generation plants the ...
Tags: Jacobs Engineering, Horizon Nuclear Power, nuclear power generation
China is estimated to have added 10 gigawatts (GW) of installed photovoltaic (PV) power capacity in 2013, including 7 GW from PV power stations and 3 GW from distributed PV power projects, an energy official told Xinhua on Thursday. Liang ...
Tags: Solar Capacity, Energy