China Will Make Policies That Could ‘Crush’ Indonesian Coal
Bisnis.com, JAKARTA – The Chinese government is preparing a policy in the coal sector, in order to secure domestic supplies. The policy, which will be implemented in 2027, has the potential to erode the market share of black gold exports from Indonesia. As quoted from ReutersThursday (7/12/2023), the Chinese government will build a reserve coal […]
China Will Make Policies That Could ‘Crush’ Indonesian Coal
Bisnis.com, JAKARTA – The Chinese government is preparing a policy in the coal sector, in order to secure domestic supplies. The policy, which will be implemented in 2027, has the potential to erode the market share of black gold exports from Indonesia. As quoted from ReutersThursday (7/12/2023), the Chinese government will build a reserve coal […]
China, a renewable giant addicted to coal
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At this climate summit being held in Dubai (COP28), China has arrived as the undisputed leader in clean energy in the world. In 2022, the country invested almost half of global spending on low-emission technologies, 546 billion dollars (about 504 billion euros), three times more than the European Union (180 billion dollars) and the United […]
Compensation for Coal Mining Damage in Limburg: Eligibility, Process, and Repairs
27 Oct 2023 at 15:37 From next year, Limburgers can receive compensation for minor and major damage to their homes as a result of coal mining. The last coal mine in the province closed in 1974, but damage is still visible in some homes. The owners of around ten thousand homes are expected to be […]
Russia Faces Acute Shortage of Bulk Carriers for Transporting Goods
The Russian Federation has an acute shortage of bulk carriers – ships for transporting goods in bulk. The Russian corporation AEON is faced with the problem of removing coal from its deposits in Taimyr. It lacks bulk carriers to transport goods by sea. This is stated in the new report of the Russian Ministry of […]
Opportunities for Double Digit Price Increases in Indonesian Coal Stocks
Bisnis.com, JAKARTA — A number of big Indonesian coal stocks, from ADRO, HRUM to INDY, still have the opportunity for price increases of up to double digits based on analyst consensus. The dowry for black gold on the global market started to rise again in the second week of October 2023. Prices were recorded coal […]
Shopping in Poland: Low Prices and Free Shipping on Coal, Household Items, and More
While Polish supermarkets on the Czech border are nervous about the influx of Czech customers, other Poles have already started hunting us with free services. At least that’s what the advertisement of a Polish coal seller promises, for example, who not only promises “low prices” and claims that his coal is “the best”, but also […]
Asia’s Coal Industry: Optimism for Long, Prosperous Life Despite Energy Transition
Coal mining activities in Tanjung Enim, Muara Enim Regency, South Sumatra. – Business/Husnul Iga Puspita Bisnis.com, JAKARTA – Coal, has so far become one of the main targets for stopping consumption in the energy transition trend by various countries in the world. However, it seems that it is not easy to really reduce consumption of […]
France Announces Plan to Convert Last Coal-Fired Power Stations and Calls for Fuel Industry Reform
Sep 24, 2023 at 10:44 PM Update: 7 hours ago France is getting out of the coal sector altogether. The country’s last two coal-fired power stations should be converted by 2027, President Emmanuel Macron announced on Sunday. He also wants the fuel industry to offer the products at cost price. This concerns the power stations […]
Indonesian Stock Exchange Suspends Trading in PT Sumber Global Energy Tbk (SGER) Shares Due to Significant Price Increase
Jakarta – The shares of coal issuer PT Sumber Global Energy Tbk (SGER) are padlocked by the Indonesian Stock Exchange (BEI). In order to cooling downIDX considers it necessary to temporarily suspend trading in SGER shares. “In connection with the significant increase in the cumulative price of PT Sumber Global Energy Tbk. (SGER) shares in […]