The Business Times

Coal

ESG

COP30: About one-third of world’s coal fleet shows ‘significant’ opportunity for early shutdown, says report

Geo Energy's chairman and chief executive Charles Antonny Melati says the company's coal production exceeds its full-year target for 2025.
Companies & Markets

Geo Energy Q3 net profit falls 55% to US$3.2 million due to lower coal prices

A coal-fired power plant in Batangas, the Philippines. Transition credits are aimed at increasing the economic viability and scalability of early-retirement projects, which have long struggled to take off.
ESG

COP30: Singapore, Philippines and Temasek support the use of transition credits in decarbonisation

The move is part of the Trump administration’s effort to reverse the decline of coal use in the US. The Energy Department said last month it would provide US$625 million to expand power generation fuelled by coal.
Energy & Commodities

Trump administration announces US$100 million in funding to upgrade coal plants

Tembusu Multi-Utilities Complex (pictured) was built in 2013 with a S$1 billion investment.
ESG

Singapore’s only active coal plant to transition to biomass by 2028

In the first half of this year, China's coal power capacity increased, with new or revived proposals hitting a decade high.
ESG

China’s power paradox: Record renewables, continued coal

The authorities’ hard-won grip on supply has left them relatively more sanguine than in recent years when it comes to assessing threats from surges in demand.
Energy & Commodities

Cheap Chinese coal is making it difficult to reduce consumption

China produces most of its own coal, and imports most of its oil.
Energy & Commodities

China’s chemicals makers reap reward of shift from oil to coal

The proposed acquisitions will allow the group to build up a fleet to support higher production at its Triaryani coal mine and operations at its Marga Bara Jaya jetty.
Companies & Markets

Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million

The climbdown is a sign of the weakening position of the world’s top coal exporter in an oversupplied market.
Energy & Commodities

Indonesia scraps coal pricing rules after pushback from buyers

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