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Petronas signs 12-yr LNG supply deal with China's Shenergy

2020-01-21 09:05:24 Company,  Resource

Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) has signed an agreement with China state-owned Shenergy Group Co., Lt...

Shanxi to seek investors extracting gas from abandoned coal mines

2020-01-03 08:55:27 Resource

China's leading coal producing province Shanxi plans to seek investors via tenders to extract coal-seam gas in thousands of coal pits...

China approves 1.5 Mtpa coal mine project in Guizhou

2019-12-31 15:51:02 Resource

China's National Energy Administration has given go-ahead to Fa'er No. 2 coal mine's west shaft second phase project located in the s...

China sets first round of 2020 non-state crude import quotas at 103.83 Mt

2019-12-27 08:43:15 Resource

China has issued a first round of crude oil import quotas for private firms next year that will allow non-state refiners to ship in 1...

China buys over 30 TWh electricity from Russia since 1992

2019-12-26 15:20:12 Import & Export,  Resource

China has purchased a total 30.46 TWh of electricity from Russia since the two countries began cross-border power transmission coop...

Asia's share in global coal power generation peaked to 80% in 2019

2019-12-24 11:39:41 Resource,  International

Asia's share in global coal power generation has climbed from over 20% in 1990 to 80% in 2019 in an indication that coal's fate is in...

China, Russia pursue Mongolia gas project

2019-12-24 08:54:03 Resource

Less than a week after opening its first natural gas pipeline to China, Russia has mounted a new push for a second route through Mong...

Renewables' share of electricity generation surpasses gas for first time in UK

2019-12-20 11:40:17 Resource,  International

The U.K. saw electricity generation from renewables hit 28.8 terawatt hours (TWh) in the third quarter of 2019, according to figures ...

Cyprus signs landmark deal to build €290 mln LNG terminal

2019-12-17 13:44:44 Resource,  International

Cyprus signed a landmark deal on December 13 with a Chinese-led consortium to build a €290 million terminal for the import of liquifi...

Cokal secures contractor for Indonesian coal mine

2019-11-25 08:39:30 Company,  Resource,  International

Coal producer Cokal has found a contractor to build mining infrastructure at its coal project in Indonesia. The company ...

Large open-pit colliery set up in NE China

2019-11-04 08:41:53 Resource

A large open-pit colliery has been set up in northeast China's Heilongjiang Province, with a proved reserve of lignite of over 800 mi...

US gas market struggles with persistent oversupply

2019-10-30 08:52:29 Production & Sales,  Resource

U.S. natural gas stocks have surged during the injection season and are now above the five-year seasonal average for the first time i...

China's CNOOC Q3 capital spending surges 27.9% on yr

2019-10-25 16:06:25 Company,  Resource

CNOOC Ltd, the listed arm of China's largest offshore oil and gas producer, reported on October 24 a 27.9% jump in capital spending i...

PetroChina to operate 18,000 gas wells in Changqing for winter heating

2019-10-22 15:44:54 Company,  Resource

China's top oil and gas producer – PetroChina, expects to have more than 18,000 gas wells operating in its Changqing field by Decembe...

China identified coal reserves grow 2.5% by end-2018

2019-10-12 14:22:12 Resource

China posted a 2.5% growth in identified coal reserves by the end of last year compared with a year earlier, state media Xinhua New...

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Editors Recommendations

1 China Coal Daily Track (Feb 20) 2020-02-20

Thermal coal Production area Coal production in northern areas is expected to fully return to normal in early March. As of February 17, over 70.2% of capacity, or 2.915 billion tonnes per a

2 France to close oldest nuclear power plant in Jun 2020-02-20

France will shut down the Fessenheim nuclear reactor, the country's oldest nuclear power plant, at the end of June, with one of its reactors to be closed this weekend, Prime Minister Edouard Philippe'

3 China Shenhua Jan commercial coal output up 14.2% on yr 2020-02-20

China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp., registered a 14.2% year-on-year rise in its commercial coal output in January, the company said in a statement on Februar

4 China's thermal coal traders accelerate sales at ports amid bearishness 2020-02-20

Thermal coal traders were speeding up sales at Chinese's northern transshipment ports as they were not optimistic about the near-term market after over half of coal mines have resumed to work.

5 Indonesian thermal coal loses ground from 3-mth high in China 2020-02-20

Prices of Indonesian low-calorific value thermal coal started losing ground after being kept at a three-month-plus high for seven sessions, given soured outlook that a possible fallback in Chinese coa

6 Australia 2019 coal exports grow 2.2% 2020-02-20

Australia posted a year-on-year rise of 2.2% in coal exports last year, showed the latest trade statistics. The country exported 395 million tonnes coal in 2019, with 110 million tonnes f

7 Viewpoint: only 5% construction cos resume work in North China 2020-02-19

On February 18, a Chinese steel consultant company carried out a survey on the progress of resumption among 900 construction companies in North China. It showed that among all 690 valid r

8 China's steel demand to shoot up after coronavirus 2020-02-19

Market participants expected a fast rebound of steel demand in China after impact from the novel coronavirus epidemic fades away, possibly in April when construction and manufacturing activities step

9 China's coke futures close lower 2020-02-19

China's coke futures closed lower in the daytime trading of February 19 on the Dalian Commodity Futures. The most-traded contract with May expiry closed at 1,842 yuan/t, down 0.7% from th

10 Russia Dec coal exports decline 1.53% YoY, customs data 2020-02-19

Russia posted a year-on-year decline of 1.53% in coal exports in December 2019, according to customs data, mainly dragged down by decreased buys from China. The country shipped a total 18

Most Read News Stories

1 Chinese coal traders hunt for short-term buys amid virus disruption 2020-02-12

Chinese coal traders and small coal-fired utilities are scrambling to lock in supplies of fuel from miners, worried about the prospects of market tightness as downstream users return to work after an

2 Indonesia 2019 coal exports hit multi-yr high 2020-02-13

Indonesia exported 456 million tonnes of coal in 2019, hitting a new high at least since 2015, official data showed. The 2019 exports were up 6.43% compared with a year ago, according to

3 Over half of China's coal mines resume production, top planner 2020-02-12

Production had been resumed at 57.8% of the coal mines in China as of February 10, according to a news briefing held by the country's top economic planner on February 11. Further recovery

4 CHN Energy adjusts up Feb term contract coal prices, sources 2020-02-11

China's top coal producer CHN Energy, usually called Shenhua by Chinese coal industry insiders, increased its monthly contract thermal coal prices for February shipments, sources said. Th

5 MEC halts coal exports to China after border shut 2020-02-14

Mongolia Energy Corporation (MEC) said it had to suspend coal exports to China until early next month, as the government had decided to close all border crossings with China to prevent the novel coron

6 Mongolia shuts freight through border crossings on coronavirus fears 2020-02-11

Mongolia on February 9 announced to temporarily shut down road freight via border crossings with China on fears of the novel coronavirus epidemic, Mongolian media reported. The movement c

7 Weekly global coal market news summary (Feb 10-Feb 14) 2020-02-14

Bearishness prevails in Chinese import thermal coal market With clear increases in the recent two weeks, prices of import thermal coal cargoes have been close to the upper limit of Chinese buyer

8 Mongolia Jan coal exports rise 14.5% on yr 2020-02-12

Mongolia's coal exports registered a 14.5% increase in January from the same month last year, official data showed. The country exported 2.43 million tonnes of coal in January, a 44.12% r

9 Coronavirus outbreak drives steel product prices down in China in early-Feb 2020-02-14

China saw its steel product prices down in the first ten days of February, as downstream demand was further delayed by the extended holiday to fight the fast-spreading coronavirus. Specif

10 China thermal coal prices firm up in early-Feb, NBS 2020-02-14

Prices of China's thermal coal strengthened in early-February. Some coal grades inched up while some remained stable compared with ten days ago, showed data from the National Bureau of Statistics (NBS

Most Read Analysis & Comments

1 Indonesian low-CV thermal coal heads for 7-mth high on supply crunch 2020-02-07

FOB price of Indonesian low-calorific value thermal coal is heading for a seven-month high in Chinese import market, along with revived demand from Chinese utilities as domestic supply and transport w

2 Supply tightness shores up thermal coal prices at China ports 2020-02-04

Chinese domestic thermal coal market saw a bright start after the Spring Festival holidays, backed by supply tension over the outbreak of the novel coronavirus. On February 3, Fenwei CCI

3 Qinhuangdao port coal stocks fall to record low amid supply woe 2020-02-04

Coal stock of China's largest north-to-south transfer port Qinhuangdao plummeted to a multi-year low, as inbound shipments were constrained over the Spring Festival holidays that were extended by the

4 Indonesian miners accelerate coal shipments despite virus fears 2020-02-10

Indonesian miners sped up vessel loading of thermal coal to China, traders said, despite fears of the novel coronavirus that have killed hundreds of people. A Beijing-based trader said hi

5 Australian thermal coal miners raise offers to Chinese buyers 2020-02-05

Australian miners generally raised offer prices of thermal coal to Chinese buyers shortly after Chinese Lunar New Year holidays, encouraged mainly by increased demand from power plants and a lack of d

6 Indonesian thermal coal hovers higher in Chinese import market 2020-02-06

Prices of Indonesian thermal coal picked up in Chinese seaborne import market, as local rainfalls continued constraining supply to the world's largest coal consumer while part of the end users look to

7 Coal burns of China's coastal utilities fall to record low amid weak industrial activity 2020-02-07

Coal consumption of China's major coastal power groups has fallen to a record low as industrial activity was heavily disrupted by the Wuhan virus outbreak. Data from showed dai

8 An overview of Chinese coal imports in Dec 2020-02-06

China's coal imports in December slumped to the lowest level since 2014 at least, mainly as the country tightened control of customs clearance to rein in the whole-year import of foreign cargoes.

9 China's portside thermal coal in shortage on production, transport disruption 2020-02-06

Supply of thermal coal to China's northern transfer ports remained tight, traders said, as miners and trucks were still absent under strict controls of the novel virus. While the governme

10 Qinhuangdao coal prices continue to rise on supply woe 2020-02-05

Chinese thermal coal prices continued to move up at Qinhuangdao and other northern transfer ports, as supply tension seems not to be eased soon under the pressure of the virus epidemic. B

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