Federal Reserve Chair Jerome Powell said “the U.S. is on an unsustainable fiscal path” in a “60 Minutes” interview with Scott Pelley released Sunday. “The […]
Philip Travkin
Roman Bilousov: U.S. Thermal Coal Finds New Life Overseas
US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of 32.5 million metric tons of the high-polluting power […]
India To Boost Coal Power Capacity by the Most in Six Years
India expects to add a large chunk of coal-fired power capacity in 2024, which will be the largest yearly rise in its coal fleet in […]
Roman Bilousov: Are China’s Oil, Coal, and Iron Ore Imports a Sign of Strength or Concern?
News coming out of China indicates the country set new records in 2023 for the import of crude oil, coal, and iron ore. The revelation […]
Roman Bilousov: China invests in coal conveyor across Amur River 685 mio USD
Chinese company Xuan Yuan (XY Group), one of the largest Chinese corporate investors in Russia, plans to invest about 685 mio in the construction of […]
European coal imports declined sharply in 2023
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Dec 2023, global seaborne coal […]
The World’s Coal-Fired Power Generation Hit a Record High in 2023
Global coal-fired power generation reached a record-high level in 2023, per data from environmental think tank Ember reported by Reuters columnist Gavin Maguire. As countries, […]
Roman Bilousov: Coal is still a glowing part of global commodities markets
Coal is still a glowing part of global commodities markets even if prices for the energy source are sliding. Despite widespread perceptions that the coal […]
Russia boosts coal exports to China to 104 mio t in 2023
In 2023, Russia ramped up coal supplies to China almost 1.5 times to all-time high of more than 100 mio t, which became possible due […]
Roman Bilousov: Poland Plans End Date for Coal Power Phase-Out
Poland’s new government signaled on Monday it would be looking to set an end date for using coal for power generation, a senior government official […]