Coal

Tata Power plan to produce 8 million tons of coal annually in Kamchatka

Indian energy company Tata Power expects to produce at least 8 million tons of coal per year within 20 years after commissioning of the Krutogorovskoye deposit.

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Raspadskaya's net profit grew almost 2 times in the first half of the year

In January-June 2019, the net profit of Raspadskaya amounted to 8.177 billion rubles, which 1.7 times more compared to the same period in 2018.

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In H1 Vorkutaugol coal concentrate production up by 44%

Vorkutaugol, one of the largest coal mining companies in Russia part of Severstal, increased production of final products by 44% in the first six months of 2019.

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In H1, net profit of Suek under IAS amounted to $551 million

For comparison: in the first half of the previous year, the company's profit was $654 million.

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Coal production on Sakhalin increased by 16.3% in the first six months

In the first six months of 2019, coal mining companies of the Sakhalin region produced 5.7 million tons of solid fuel. This is by 16.3% more than in the reporting period of 2018.

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In the first six months of the year Ukraine reduced coal production by 7%

In January-June 2019, coal mining enterprises of the Ukraine reduced production of ordinary coal by 7% compared to the same period in 2018 to 15 345.8 thousand tons.

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SUEK buys railway business from Alexander Nesis

In April of this year Andrei Melnichenko's SUEK, which is considered the largest coal miner in Russia, bought the leasing company Nitrokhimprom, which owns a fleet of 16,000 innovative cars wit

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Kuzbass coal miners reduce production

Statistics for June have confirmed the trend that has developed in the Kuzbass coal industry in recent months. Mining of raw coking grades continues to grow, energy grades - to fall.

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Forecast for oil production in Russia

Official sources report that the Russian Ministry of Economic Development’s forecast of oil and gas production has increased significantly.

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