The establishment of an Asian regional gas trading hub is still at least five years away, International Gas Union President Jerome Ferrier told a press conference in Sydney Tuesday. LNG importers in Asia are studying plans to establish a ...
Tags: LNG importers, gas, natural gas
US miner Drummond restarted coal loadings from its Colombian export terminal late Monday after its environmental restrictions were lifted following a three-month export ban, the company said in a statement. The miner's Colombian ...
Tags: Export Terminal, US miner, Coal Loadings
Global steelmaking and mining giant Evraz Group S.A. has stated that pre-commissioning has started at the construction site of the coal dust injection utility for the West-Siberian Metallurgical Plant of Evraz (EVRAZ ZSMK). The company ...
Tags: Metallurgy, Mineral, Steel
Coal stocks at China's four major Bohai Sea ports totaled 17.185 million mt on Sunday, down 600,000 mt or 3.4% week on week, Qinhuangdao Port said Monday. Coal stocks at Qinhuangdao Port fell 9.7% week on week to 5.74 million mt on ...
Tags: Coal Stocks, thermal coal, coal shipments
Freight rates for grain runs from South America to the Far East declined on Friday amid low Chinese soybeans demand, oversupply of tonnage and generally bearish sentiment in the Atlantic market. Grain runs basis 60,000 mt on the ...
Tags: grain, soybeans, Chinese demand
Australian coking coal producer Beacon Hill Resources has announced its interim results for 2013, reporting a net loss of $19.24 million, narrowing down from the net loss of $45.13 million in the previous year. The company's revenues ...
Tags: Coking Coal, Beacon Hill Resources
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
The number of coal carloads that US railroads originated for the week ending Saturday totaled 113,414, down 0.6% from the prior week, but up 3% from the same week a year ago, the Association of American Railroads said Thursday. For the ...
Tags: coal carloads, coal production, coal
Softer coastal freight rates for shipping domestic thermal coal from northern to southern ports in China has put seaborne-traded cargoes at a slight price disadvantage, and renewed downward pressure on CFR South China prices, said traders ...
Canadian railways carried 25.3 million metric tons of freight in January, down 2.7 percent from the same month last year. The drop in shipments occurred despite the strong growth in traffic received from the United States. Non-intermodal ...
Tags: Iron Ore, Canadian Rail Tonnage
Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...
Tags: Coking Coal, Miner, integrated mining
Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou dropped significantly in the week to March 25, ending a five-week upward trend, Qinhuangdao Port said ...
Tags: coal, coal stocks, Freight rates
Europe is emerging as a world center for the development of coatings and other materials for offshore wind turbines, which potentially could be a much more cost-competitive and efficient source of renewable energy than their onshore ...
Tags: Coatings, Wind Turbines
In 2014, Australia's exports of metallurgical coal are expected to increase by an estimated 2.4 percent to 174 million metric tons, according to a report by the Australian Bureau of Resources and Energy Economics (BREE). Over the period ...
Tags: Iron Ore Exports, metallurgical coal, mines
Australia's New Hope Corporation Tuesday reported an 11.3% year-on-year fall in thermal coal production to 2.7 million mt in the half year ended January 31. The drop in production was attributed to the planned closure of its New Oakleigh ...