Europe Runs Back To Coal After Putin Cuts Off Natural Gas

Europe Runs Back To Coal After Putin Cuts Off Natural Gas

European nations are firing up idled coal-powered plants to make up for lost energy supplies after Russia slashed natural gas exports to Europe in June. Russian state-backed energy companies cut liquefied natural gas exports last week, leaving Europe in search of alternative energy sources. Germany, Austria and the Netherlands recently announced moves to increase energy production from […]

US coal exports climb 10.1% on month in April: Census Bureau

Monthly US thermal and metallurgical coal exports increased 10.1% from the previous month to 7.3 million mt in April, US Census Bureau data showed June 8. Metallurgical coal accounted for 52.5% of total US coal exports at 3.8 million mt. Thermal coal exports at 3.5 million mt accounted for 47.5% of the US total. A […]

US coal exports climb 10.1% on month in April: Census Bureau

Monthly US thermal and metallurgical coal exports increased 10.1% from the previous month to 7.3 million mt in April, US Census Bureau data showed June 8. Metallurgical coal accounted for 52.5% of total US coal exports at 3.8 million mt. Thermal coal exports at 3.5 million mt accounted for 47.5% of the US total. A […]

US steam coal exports resumed gain in April

US thermal coal exports reached a 13-month high in April as international buyers sought to restock supply and some US coals held larger competitive price advantages to other seaborne markets. A total 3.82mn short tons (3.47mn metric tonnes) of steam coal departed US ports during the month, up from 3.13mn st in April 2021, according […]

Hampton Roads coal exports rose in April

Coal exports from Hampton Roads, Virginia, topped year-earlier levels in April, but continued to recede from the three-year high set in February. Terminals at the port handled a little under 2.5mn short tons (2.27mn metric tonnes) of coal in April, up from 2.47mn st in the same month of 2021, according to data released today […]

Coal’s comeback perseveres through mid-2022: Analysis

American coal prices in the aftermath of the coronavirus have reached unprecedented highs and world events are notching prices even higher [see “Russia-Ukraine war likely to bolster U.S. coal imports,” Trains News Wire, March 28, 2022]. While coal supply remains tight, continued favorable pricing may increase mining-company confidence to tap into reserves made cost-effective by today’s spot-market […]

U.S. coal companies struggle to cash in on Europe crunch

U.S. coal producers are seeking to boost exports to cash in on soaring prices since Russia’s invasion of Ukraine but face big headwinds including shipping bottlenecks, labor shortages, and a dismal long-term outlook discouraging investments in new mines.FILE PHOTO: Heavy equipment excavate anthracite coal from a strip mine in New Castle, Pennsylvania, U.S., July 13, […]

US coal output forecast to rise by 3% this year

US coal production is forecast to increase this year, buoyed by a strong export market and inventory replenishment in the power generation sector, says the US Energy Information Administration (EIA). In its ‘Short-Term Energy Outlook’, the EIA states that US coal production will increase by 20-million short tons (3%) in 2022 to 598-million short tons and by seven-million short tons (1%) in 2023.ADVERTISEMENT Coal exports should do well […]

US coal to boost production, lose generation in 2022: EIA

US coal production is projected to rise 3% in 2022 even as coal-fired generation decreases as domestic utilities seek to replenish depleted stockpiles, the US Energy Information Administration said May 10. “The forecast increase occurs despite our expectation that coal use in the power sector will decline,” EIA said in its May Short-Term Energy Outlook. […]

US thermal coal exports hit one-year high in March: Census

Thermal coal exports rose to a one-year high of 3.4 million mt in March amid disrupted global trade flows after Russia’s invasion of Ukraine, US Census Bureau data showed May 5. The volume was 19.4% higher than the previous month but 9.8% lower than the year-ago month. On a year-to-date basis, thermal exports were 32.9% […]