Czech Republic and Poland almost settle coal dispute

Czech Republic and Poland almost settle coal dispute

Prague and Warsaw negotiate the Polish mine Turov – – It remains for the parties to agree on the duration of the agreement. The discrepancy is several years. Minister of the Environment of the Czech Republic Richard Brabec said that the authorities of the Czech Republic and Poland have reached the finish line in negotiations … Read more

Coal Prices Skyrocketed to a Record High of USD 206.25, What are the Causes?

Coal Prices Skyrocketed to a Record High of USD 206.25, What are the Causes?

TEMPO.CO, Jakarta – Commodity prices coal break the record. In the ICE market in Newcastle (Australia), the price of coal reached US$ 206.25 per metric ton or soared 1.63 percent. Energy Economics observer at Gadjah Mada University, Fahmy Radhi, said that the position of this commodity price reached its highest level in the last decade. … Read more

Europe asks Russia for additional coal supplies

Europe asks Russia for additional coal supplies

Photo: KP in Ukraine Europe asks Russia for additional coal supplies – Bloomberg – – European gas storage facilities are only partially filled and renewable energy sources cannot meet the demand. Electricity producers in Europe have asked Russia for additional coal supplies. About it informs Bloomberg Thursday, September 30. At the moment, European gas storage … Read more

Electricity for rations. Coal is running low in China, and the West may be feeling the effects

Electricity for rations.  Coal is running low in China, and the West may be feeling the effects

With the arrival of the cold months, it is time for Chinese energy companies to replenish coal reserves. However, they have thinned so much that the problem is felt not only by industrial areas, but also by ordinary Chinese. Energy suppliers are not able to provide enough energy even for household lighting. – As of … Read more

Revealed, this is the root cause of the crisis in the UK

Revealed, this is the root cause of the crisis in the UK

Jakarta, CNBC Indonesia – Since last week, there has been a lot of foreign media reporting about England. Queen Elizabeth’s country is in crisis. This crisis is marked by soaring energy prices. Electricity in the country is expensive, not only making household consumers scream but also industry. This is followed by supply chain needs issues. … Read more

Legitimate! Taspen Absorbs Bukit Asam Shares Rp 599 M

Legitimate!  Taspen Absorbs Bukit Asam Shares Rp 599 M

Jakarta, CNBC Indonesia – State-owned coal company PT Bukit Asam Tbk (PTBA) sold 303,148,000 treasury shares to PT Taspen (Persero) with a transaction value of Rp 598.5 billion. This transaction also increases Taspen’s ownership in Bukit Asam by 95.9 million shares or 1% to 358.4 million shares or 3% of the company’s total issued and … Read more

Soaring 15.23% after announcing the buyback, this is the direction of Adaro Energy (ADRO) shares

Soaring 15.23% after announcing the buyback, this is the direction of Adaro Energy (ADRO) shares

ILLUSTRATION. President Director of Adaro Energy Garibaldi Thohir . Soaring 15.23% after announcing the buyback, this is the direction of Adaro Energy (ADRO) shares. Reporter: Akhmad Suryahadi | Editor: The novice Laoli KONTAN.CO.ID – JAKARTA. Purchase plan (buyback) shares held by PT Adaro Energy Tbk (ADRO) contributed to the movement of the shares of this … Read more

In winter, the world will deny something that is invisible but crucial and not enough. It is natural gas, writes Bloomberg

In winter, the world will deny something that is invisible but crucial and not enough.  It is natural gas, writes Bloomberg

Stocks in Europe are at a record low during this period. Supplies of gas pipelines from Russia and Norway are limited. This is worrying because calmer weather has reduced the production of electricity from wind turbines and aging European nuclear power plants are gradually being taken out of service or more prone to outages. This … Read more

Xi Jinping & Global Banks Ready to ‘Blow Up’ Coal, Why?

Xi Jinping & Global Banks Ready to ‘Blow Up’ Coal, Why?

Jakarta, CNBC Indonesia – Chinese President Xi Jinping made an announcement that hit the fossil industry, particularly coal, in front of the United Nations General Assembly on Tuesday (22/9) evening New York time, USA. Xi, who is also the General Secretary of the Chinese Communist Party, made a new commitment to climate policy to deal … Read more