US ramps up exports to Europe to fill energy gap left by Russia-Ukraine war

US ramps up exports to Europe to fill energy gap left by Russia-Ukraine war

Trade between the U.S. and Europe is growing, driven largely by higher exports of American fuels to help the eurozone weather the energy crisis sparked by Russia’s invasion of Ukraine. The total value of exports from the U.S. to EU countries rose 28.6% to $403.20 billion in 2022, according to data collected by the U.S. […]

US met coal exports to China double in January

US exports of coking coal rose by 37.5pc on the year in January to nearly 3.7mn t, with the increase driven by sharp increases in shipments to China, the EU and India. Shipments to China increased by 118pc to 584,383t after a flurry of deals into the region were concluded shortly before the NDRC started discussing […]

US coke exports hit multi-year high in January

US green petroleum coke exports rose in January to the highest since January 2020, reaching the eighth-largest monthly total in data going back more than 20 years. Shipments to Asia-Pacific nearly doubled on the year, and the US also increased dispatches to Europe and Africa. Exports rose by 43pc on the year in January, at […]

US thermal coal exports rise for first time in 5 months

US thermal coal exports rose from year-earlier levels in January for the first time in five months as shipments to Europe held near a four-year high. Volumes for the month climbed to 3.1mn short tons (2.8mn metric tonnes) from 2.8mn st in January 2022, according to Commerce Department data released today. US coking coal exports […]

Consol Energy: Strong Coal Exports Support Cash Flow For Years To Come

Consol Energy (NYSE:CEIX) is a very low-cost, eastern U.S., thermal & (coking/metallurgical) coal company with a high and growing proportion of sales [44% in 2022] into Europe & Asia. The Company has 622M tons of proven & probable “recoverable coal reserves,” at its three largest mines in Pennsylvania, ~25 years of mine life at last year’s production level. Nameplate capacity on […]