If you are a coal producer focused on the Chinese market, I am sure you will be scratching your head thinking about the future. Ever since China started imposing restrictions on imports, suppliers have gone on a wild hunt for buyers.
Archive for the ‘coal’ Category
By Deepak Kannan | March 27, 2015 01:15 PM Comments (0)
By Ross McCracken | March 25, 2015 01:01 AM Comments (4)
The coal industry is in crisis. It has failed to recognize the structural shift in power generation driven by regulation rather than price and has missed the window of opportunity to invest in clean coal technologies. Now it faces a slow King Canute style demise, as elaborated by Ross McCracken, managing editor of Platts Energy Economist.
By Frank Watson | March 16, 2015 12:00 PM Comments (0)
What happens when an irresistible force meets an immovable object? One answer to this paradox is “nothing” since irresistible forces and immovable objects can’t co-exist. At least not in the real world.
But what happens when the irresistible force is the political will of the European Union to reform its carbon market ahead of global climate talks later this year, and the immovable object is a group of EU member states who are resolutely opposed to higher carbon prices?
By Tamsin Carlisle | January 21, 2015 06:03 PM Comments (1)
Egypt has set development and reform of its energy sector as a key priority as it seeks to rebuild its economy following the country’s second revolution in the past few years, the country’s president, Abdel-Fattah el-Sisi, said January 19 during his first official visit to the UAE in that role.
During his keynote address to the World Future Energy Summit in Abu Dhabi, Sisi also said he considered the security of the Persian Gulf region to be “part and parcel of Egyptian security.” The annual Abu Dhabi WFES gathering, while primarily a UAE forum for promoting and discussing regional and international renewable energy development, has also developed a significant political agenda.
By Tom Balcerek | November 20, 2014 03:57 PM Comments (2)
The initiation of the “Carnegie Way transformation journey” by US Steel last year must have given its employees pause. Andrew Carnegie was a notorious cost-cutter who valued efficiency above all else.
But the huge American steelmaker recently opened another avenue of the Carnegie Way, a corporate realignment featuring “customer-centric” strategies.
This might seem like a given, but in the steel industry a variety of factors can strain relations with customers, so sometimes it’s not easy.
By John Kingston | November 18, 2014 12:07 PM Comments (0)
Not every price in the energy complex is dropping.
According to an index created by Cowen & Co., the producer price index for frac sand rose 1% in October, following a 1% gain in September. At the end of October, it was at its highest level since the end of 2012.
By John Kingston | November 5, 2014 04:05 PM Comments (0)
Kevin Book, Christi Tezak and the other partners at ClearView Energy Partners always have some unique perspectives on the intersection of politics and energy.
So here are a few nuggets from their post-Election Day wrap-up:
By Jacinta Moran | October 3, 2014 11:28 AM Comments (0)
After two years of sporadic clashes, Mozambique’s Frelimo government and Renamo, the main opposition party signed a peace agreement in August, improving prospects for the October elections in the gas-rich southern African nation.
The presidential and parliamentary elections on October 15 will mark the end of president Armando Guebuza’s second and final term in office.
The election takes place as Mozambique becomes an attractive investment destination following huge gas discoveries by Italy’s Eni and US’ Anadarko. The discoveries, estimated at 100 trillion cubic feet have the potential to transform Mozambique into one of the world’s leading LNG exporters.
By William Powell | September 26, 2014 12:01 AM Comments (0)
Among the many brilliant and baffling woodcuts by the Dutch artist MC Escher is a depiction of what appears to be a triangle made of three sections of wood, which is in fact an impossible construct owing to the way the joints appear to fit together.
If it existed at all, it would resemble the leg of an insect, which viewed from one position only would appear to enclose a triangle, but in reality it would form a three-part zigzag in space, two of its ends far apart.
By Paul Bartholomew | September 12, 2014 11:02 AM Comments (0)
India’s steel sector has been generally positive about new Prime Minister Narendra Modi’s first 100 days in office, which he marked on September 3. Formerly the Chief Minister of Gujarat state for more than a dozen years, Modi presided over strong economic growth in that region, an achievement Indians are hoping to see extended across the entire country.
India has been crunching the gears economically for several years while its big rival China, unencumbered by the democratic process, has motored ahead. Steel projects have foundered due to difficulties in gaining land access–most notably Korean giant Posco’s planned 6 million mt/year capacity works in the south of India–while decrepit infrastructure makes transporting raw materials inside the country expensive and challenging.