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Foreign Coal Producers Get Boost From Coronavirus

The COVID-19 pandemic has shaken energy markets to the core this year, creating incredible volatility for fuel prices. The one energy source that hasn’t blinked though is coal, a fuel that may come out stronger through the current crisis, a Rystad Energy analysis...

Coal India faces challenges in finding merchant bankers

State-miner Coal India Limited’s (CIL’s) planned investment in overseas coal assets is facing stiff speed-breakers, with global merchant bankers unwilling to take up an advisory and due diligence mandate for the so-called ‘dirty fuel’. Last year, the miner floated a...
Global oil demand to reach its peak this decade

Global oil demand to reach its peak this decade

Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy. The predicted peak, which the agency also anticipates for coal and natural...