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Wednesday, 16 December 20
RUSSIA REVISES DOWN EXPORT EXPECTATION - FITCH

The  Ministry  of  Economy of Russia, the world’s third largest thermal coal exporting country, released its annual forecasts for socio-economic growth in September and forecast Russia’s coal production to fall by 1.1% in 2021 and 0.3% in 2022, a sharp reduction from its 2019 forecasts due to competition from alternative energy sources and other coal producers, Fitch said in its latest report.

However, Fitch says, CRU expects Russia to continue to build infrastructure to address growing demand from emerging Asian countries.



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Thursday, 06 October 22
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With the festival season round the corner, Coal India Ltd. has been directed by the government to scale up dispatch to thermal power plants. &n ...


Wednesday, 05 October 22
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A REMARKABLE SHIFT IN FORTUNES HAS BEEN NOTED IN THE CRUDE OIL TANKER MARKETS - ALLIED SHIPPING
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