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The Latest Breaking News from Coal

Power-hungry India halts passenger trains to free up track to move coal

India has boosted the output of coal and cancelled passenger trains to free up rail track to move it, officials said on Friday, as the government scrambles to overcome its worst power crisis in years.

Reuters

Core sectors’ growth slows to 4.3% in March

Coal production shrinks; industrial output growth in the month expected to be 2.5%-3.5%

The Hindu

Railways cancels 42 passenger trains to facilitate coal movement amid looming power crisis

Thousands of travellers left stranded in peak wedding, holdiay season

The Hindu

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CIL output grows 27% in April; despatch improves 5.8%: Coal ministry

KOLKATA/NEW DELHI: Public sector miner Coal India has reported an increase of 27.2 per cent in its output in April 2022 as compared to the year-ago period, coal ministry said on Friday.

The Times of India

KSEB to buy electricity at higher rates to meet peak-hour demand

To avoid power restrictions following coal shortage

The Hindu

Govt. mismanagement to blame for coal shortage, power outages: Congress

Power, coal crises have created havoc in the country, says Rahul

The Hindu

More than half of all Irish households continue to use solid fuels such as coal, peat and wood to heat their homes

The research comes amid a major political controversy over proposals to ban the sale of turf

Irish Mirror

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Core sector growth slows down to 4.3% in March; end FY22 with 10.4% expansion

NEW DELHI: The production growth of eight infrastructure sectors slowed down to 4.3 per cent in March due to a decline in the output of coal and crude oil, though for the full 2021-22 fiscal, the core sector recorded a 10.4 per cent expansion, according to official data released on…

The Times of India

Buy These 3 Stocks Yielding More Than 5% to Protect Your Portfolio

The fears of a global economic slowdown, coupled with the Fed’s monetary policy tightening to combat inflation and intensifying geopolitical tensions, are expected to keep the stock market under tremendous pressure in the near term. Given the market turbulence, we think the shares of Rio Tinto (RIO), Westlake Chemical Partners…

StockNews.com

Electricity prices surge on coal price rises and outages

Consumers facing big power bill increases says regulator

Newcastle Herald

A Toll Bros. founder sees new business opportunities amid global troubles

Bruce E. Toll, co-founder in 1967 of Fortune 500 homebuilder Toll Bros., has long since diversified his fortune from the Fort Washington-based firm. His firm BET Investments Inc. has bet on health care, medical, information technology and telecom companies. And in Pennsylvania he owns coal fields and auto dealers and…

The Philadelphia Inquirer

KTPP mishap: Genco suspends 2 engineers, shifts another

One among 7 hurt in coal mill accident succumbed on Wednesday

The Hindu

Null and void: no simple fixes ahead for the Hunter's old mines

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

Newcastle Herald

Australia’s wholesale power prices double in a year as coal-fired power plants falter

The jolt in costs is being blamed mostly on more expensive fossil fuels and falling reliability of coal-fired power plants

The Guardian - AU

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Axios

Report: Russia raked in $66B from fuel exports since forces launched invasion of Ukraine

Germany has been the biggest importer of Russian oil, gas and coal, study finds.

Newcastle Herald

Greens say Hunter needs identity shift away from coal

The Greens say the major parties are sending mixed messages about the Hunter's future in green manufacturing.

The Guardian - AU

Calling the safeguard mechanism a ‘sneaky carbon tax’ is a scare campaign and an argument for inaction

Scott Morrison is criticising the Coalition’s own climate policy – it’s just one that has barely been used

The Times of India

Eight trains cancelled for coal transport in Uttar Pradesh

LUCKNOW: In a bid to help the state maintain power supply in the scorching heat, the railway board has cancelled eight express trains in UP till further notice to provide hassle free passage to coal laden freight trains for thermal power stations.

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The Guardian - UK

Russia doubles fossil fuel revenues since invasion of Ukraine began

Country receives about €62bn from exports of oil, gas and coal in two months, with Germany the biggest importer

Benzinga

Norfolk Southern Shares Pop After Q1 Results Beat Estimates

Norfolk Southern Corp (NYSE:NSC) reported first-quarter FY22 railway operating revenue growth of 10% year-over-year to $2.9 billion, beating the consensus of $2.84 billion. Revenue was driven by a 16% increase in revenue per unit. Sales by segments: Merchandise $1.67 billion (+3.9% Y/Y), Intermodal $854 million (+18.9% Y/Y) and Coal $389 million (+24.7%…

Newcastle Herald

Business waiting for detail on Labor climate plan

Labor's plan to cut emissions has provoked a Groundhog Day talkfest about jobs and carbon taxes, but Tomago Aluminium boss Matt Howell says it is unclear what impact, if any, the policy will have on his company.

The Guardian - AU

Greens to push for coal export levy if they hold balance of power

Adam Bandt to unveil minor party’s climate policy including making Australia a ‘renewable energy superpower’ and net zero by 2035

The Independent UK

Death toll rises to 18 from Polish mine accidents; 7 missing

The death toll from disasters in two Polish coal mines rose to 18 after the bodies of four missing miners were found

Benzinga

Arch Coal's Return On Capital Employed Overview

According to Benzinga Pro, during Q1, Arch Coal (NYSE:ARCH) earned $271.87 million, a 19.98% increase from the preceding quarter. Arch Coal also posted a total of $867.94 million in sales, a 7.72% increase since Q4.

The Conversation

View from The Hill: Warring within Coalition over 2050 target brings some gold dust for 'teals'

“The world has moved past Matt Canavan,” Nationals deputy leader David Littleproud declared on Wednesday, tossing his party colleague and former resources minister firmly under the bus as the “climate wars” exploded within the Coalition.

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