Chinese coal prices drop to four month low on ample supply, international coal market quiet as traders and buyers await results of negotiations between Japanese utilities and Australian miners.
Mongolia’s uranium exploration to start next year following the government’s issuing of 107 prospecting licenses. Extraction scheduled for 2013-14.
India’s NTPC expected to import more coal to prevent summer power shortages. Bombing of Colombian railway line fails to boost international coal prices.
Analysts predict lower than average withdrawal from storage for US natural gas, EUAs drift down as Brent crude counters bearish sentiment sparked by lower German power, fuel prices.
India’s Finance Ministry studies use of new coal tax receipts to expand transmission of renewable-sourced power.
Crude still bolstered by Middle East tensions, international coal market seeing little demand with the exceptions of Finland and Turkey. Venezuela’s PDVSA reports 30% drop in net profit.
Oil falls on Tuesday, as Suez canal fears dissipate and traders focus on Chinese interest rate hike, regains ground in Wednesday morning trade. Natural gas futures continue to drop on forecasts of higher temperatures. EUAs and CERs up despite negative energy complex.
A recent flurry of weather-related disruptions, coupled with infrastructure issues have continued to push thermal coals prices up. Here we take a look at the situation and how it may develop over the next few months.
Caparo Energy awards Suzlon Energy US$1.28bn contract for 1000MW wind power projects, part of Caparo’s drive for 3000MW of new wind power capacity.
Mauritius to refine crude with output destined for the domestic market as it plans US$2bn oil refinery.
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Date:
08 Feb 2012
Location:
The Bloomsbury Hotel, London, UK
Date:
14 Feb 2012 to 16 Feb 2012
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Expo XX1, Warsaw, Poland
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05 Mar 2012 to 09 Mar 2012
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Hilton Americas, Houston, Texas, USA
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27 Mar 2012 to 29 Mar 2012
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Guoman Tower Hotel, London, UK
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