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Wednesday, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
 The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
Coal India trade unions have deferred the day-long strike scheduled for Tuesday with the Centre extending the bid due date for the auction of coal blocks for commercial mining, a trade union leader said on Monday.
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
“The five trade unions have unanimously decided to defer the strike,” Nathulal Pandey, the president of HMS-affiliated Hind Khadan Mazdoor Federation said.
The earlier bid due date was August 18. According to the revised schedule, the bid due date is now September 29.
The electronic auction will be conducted for the qualified bidders from October 19- November 9.
Pandey said the unions will meet soon and decide the future course of action.
CIL had earlier said the five trade unions of Coal India had served notice for a day-long strike on August 18 and that efforts would be made to avert the stir.
The unions had observed a three-day strike from July 2 to protest against commercial mining of coal.
According to CIL, it managed to clock an average daily production of 44 per cent and average attendance of nearly 36 per cent during the three-day strike period.
Coal India accounts for over 80 per cent of domestic coal output.
Source: PTI
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Tuesday, 23 June 20
COVID-19 COULD CAUSE A BOOM IN COAL POWER - RYSTAD ENERGY | OILPRICE
COVID-19 has not only impacted the energy industry’s revenues but also its infrastructure development.
The delay of new natural gas ...
Tuesday, 23 June 20
CHINA'S COAL OUTPUT UP 0.9 PCT IN JANUARY-MAY: XINHUA
Output of raw coal in China rose 0.9 percent year on year to 1.47 billion tonnes in the first five months of this year, official data showed.
& ...
Monday, 22 June 20
KAMSARMAX TYPES REGULARLY HIT THE $9,000 PER DAY LEVEL FOR INDONESIAN COAL RUN TO CHINA, BALTIC BRIEFING SAYS
Capesize
The Capesize market trajectory this week has been one of the steepest rallies the sector has experienced. Opening at $12,410, the sect ...
Saturday, 20 June 20
WORLD OIL DEMAND IS PROJECTED TO DECREASE BY 9.1 MB/D IN 2020 - OPEC
Crude Oil Price Movements
Spot crude oil prices rebounded in May from low levels registered a month earlier, as physical market fundamentals im ...
Saturday, 20 June 20
NO ESCAPING GLOBAL TRADE SLUMP - BALTIC EXCHANGE
Those hoping for a decent recovery in trade in the second half of the year should prepare for disappointment.
New data from the Unit ...
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