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Appeals court rules in favor of coal terminal

A federal appeals court has agreed that the city of Oakland, California, breached its contract with Oakland Bulk and Oversized Terminal (OBOT) when it banned coal and petroleum coke handling and storage in the city. A three-judge panel of the 9th US Circuit Court of Appeals issued a 2-1 opinion yesterday upholding the US District […]

Oakland, California Loses Appeal on Coal Ban

A judge’s ruling striking down Oakland, California’s ban on transporting coal through the city was affirmed by the Ninth Circuit Court of Appeals on Tuesday. In an opinion issued Tuesday, two of three judges on the panel upheld a lower court’s finding that the city breached its contract with a developer by attempting to block […]

STEELING THE NATION FOR RECOVERY

The COVID-19 pandemic has sent shockwaves through the global economy. Energy markets have been in disarray. And when many people think “coal” they think electricity. But to do so would miss a promising market that could be poised for growth as the world looks towards recovery: the market for metallurgical coal used to produce nearly […]

Ninth Circuit Overturns Oakland Coal Ban

(CN) — The Ninth Circuit refused Tuesday to let the city of Oakland ban coal shipments from a new terminal being built from an old army base at the foot of the San Francisco Bay Bridge. Slated to be built on the site of the former Oakland Army Base near the Port of Oakland, the […]

EU net coal imports halve in March

EU coal imports halved on the year in March to a fresh 30-year low, with little prospect of recovery in the short term amid low regional power demand and stiff competition from natural gas. Net thermal coal imports among EU-27 members from countries outside of the bloc fell by 3.7mn t, or 50.6pc, on the […]

US coal exports climb to four-month high in March: census

Despite bituminous exports falling over 30% on the month, US coal exports rose to a four-month high of 6.27 million mt in March, as metallurgical exports recovered from its three-year low in February, according to US Census Bureau data released Tuesday. March coal exports were up 1.2% from 6.19 million mt in February but 25% […]

EU coal demand to fall as imports reach 30-year low

Net thermal coal imports to the EU collapsed to a three-decade low in February and will continue to languish this summer, as a glut of natural gas and efforts to restrict the spread of Covid-19 thwart any prospect of a significant demand recovery in the near term. Net thermal coal imports among EU members from […]

U.S. energy exports reached record level in 2019

Energy exports from the United States rose to a record high of 23.6 quadrillion British thermal units (quads) in 2019 — the first time in 67 years that annual U.S. gross energy exports exceeded U.S. gross energy imports, according to the U.S. Energy Information Administration (EIA). The EIA recently released its Monthly Energy Review that […]

Thermal coal demand declining globally, driving fewer imports, production: analysts

Thermal coal demand is declining globally and forcing cutbacks of imports and production, driven by lower power-sector coal demand resulting from the coronavirus pandemic, analysts said. “After some delays compared with other commodities, the steam coal market seems to finally grasp the magnitude of the impact of the Covid-19 on the international demand,” Perret Associates […]

US thermal coal exports climb to nine-month high: Census

US coal exports rose to 6.19 million mt in February, as thermal exports climbed to a nine-month high, while metallurgical exports fell to a three-year low, Census Bureau data showed. February’s exports were up 9.5% from the three-year low 5.66 million mt in January and 1.8% higher than the 6.08 million mt exported in the […]