Minerals Council of Australia executive director of coal Greg Evans said the past 12 months continued to show positive market fundamentals for Australian coal, and the high productivity of the nation's coal companies, proximity to major markets and strong regional economic and population growth would continue to underpin coal exports over the long term. "Coal has historically been Australia's biggest export ...

Chinese developer Tuopai Power Development Co. Ltd. has awarded a contract to Emerson Process Management to supply automation equipment for its 48-MW Shehong Liushu hydroelectric plant. Emerson (NYSE: EMR) is to provide its "Ovation" supervisory control and data acquisition (SCADA) equipment for the project, which is to be located on the Fujiang River in China's Sichuan province. "The strong reputation of E ...

Years of surging economic growth that spurred sales of luxury goods — Louis Vuitton handbags, Tiffany rings, BMW 5-Series cars — as well as mundane items like KFC chicken and Kone elevators already had given way to the deepest slowdown since 1990. Chinese policy makers on Tuesday added to the pain for international companies by devaluing the yuan by the most in two decades, sending shares of automakers, lux ...

Anyone looking for the biggest immediate impact from Iran’s nuclear deal may want to turn away from the Middle East and toward the Indian subcontinent. With U.S. sanctions easing, India is racing to build a port in Iran that will get around the fact that its land access to energy-rich former Soviet republics in Central Asia has been blocked by China and its ally Pakistan. “We’re seeing the latest manifestat ...

On a quiet river bend on the China-Vietnam border, a group of people clambered up a muddy bank. They had just glided across the river from the Vietnamese side in a longboat, guided by men on both banks signalling with flashlights. The passengers scurried over to a group of men standing by their motorcycles, climbed aboard the bikes and disappeared into the night. Two Chinese police officers in uniform, stat ...

Hence, Pakistan, a participating country of the Casa-1,000MW project, would be able to derive benefit when other nations come forward and use the transmission line to export electricity to the country. An official at the Water and Power Ministry said under the power import agreement with Tajikistan and Kyrgyzstan, Pakistan would get electricity in the summer season. However, he said that there would be no p ...

Emerging markets are undeniably today's hot spot when considering wind power projects and there are clear indications that developing economies will soon dominate the chart with top markets to invest in. It is important to remember that renewable energy development in emerging markets follows a path very different from the one set by the centralised grids of the industrialised world. Renewables growth in de ...

Cyient Acquires Pratt & Whitney Krishna Bodanapu, Managing Director and CEO, Cyient Limited, said, "Cyient is very proud to further strengthen our long-term partnership with Pratt & Whitney today through this transaction, and is excited to welcome these highly skilled employees into the Cyient family. We are committed to growing our Aerospace aftermarket services in the region and expanding our reach into o ...

MOSCOW — Oleg Deripaska, who became a billionaire selling Russia's natural resources, plans to use Siberia's abundant hydropower to create a string of data centers that could transform the region into a technology powerhouse. With energy accounting for almost a third of operating costs for these centers, Deripaska aims to leverage low power rates at a time when a new law pushed by Russian President Vladimir ...

A worker at Japan's crippled Fukushima nuclear plant died Tuesday (Jan 20) after falling into a water tank, the country's nuclear operator said, the second fatal accident to blight efforts to stabilise the tsunami-battered facility. Separately on Tuesday, another worker died because of an incident at the Fukushima Daini nuclear power plant, which is located several kilometres south of the damaged plant, ope ...