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Mining Efficiency Increases Growth Of Coal-Mine Industrial Sector
Commissioning of new projects and better mining efficiency pushed up the coal sector’s growth in April to 13 per cent, compared with 10.4 per cent growth in the same month last year, according to the Index of Industrial Production (IIP) figures released on Tuesday.
Inpex to Spend 200 Billion Yen a Year on Oil Fields (Update1)
Inpex Holdings Inc., Japan’s largest oil explorer, said it will spend more than 200 billion yen ($1.7 billion) annually to search and develop oil and gas fields over the next three to four years.
The annual investment will include developing Indonesian gas fields, Chairman Kunihiko Matsuo, 71, said in an interview at the company’s Tokyo headquarters. [...]
Coal Hard Cash for Peabody?
The world’s largest private coal producer has an innovative plan to move into the power business, but environmental groups are up in arms
The U.S. is on the cusp of a coal boom. While record oil prices have fired up interest in renewable energy sources, that other fossil fuel still generates more than half of the [...]
