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The core businesses of China Coal, are coal production, coal chemicals and coal-bed methane exploration, mine building and coal mining equipment manufacture. It was spun off from the Ministry of Coal Industry in 1999, and held a HK$15.1 billion initial public offering in Hong Kong in 2006. In 2008, it raised 25.7 billion yuan through an IPO in Shanghai.
A gas explosion inside a coal mine in northern China’s Shanxi has killed 15 miners and injured nine, authorities said on November 19. The national safety regulator blamed the accident on mine management’s ‘greed’ and neglect. The nine injured miners are now being treated in hospital after they were rescued from the site.
China's largest oil and gas producer PetroChina has reportedly opened the country’s deepest onshore gas field.
China's largest oil and gas producer PetroChina has reportedly opened the country’s deepest onshore gas field.
US researchers find a new anti-pollution law in China has led to a drop of nearly 14 per cent in sulphur dioxide emissions at 256 coal-fired power plants.
US researchers find a new anti-pollution law in China has led to a drop of nearly 14 per cent in sulphur dioxide emissions at 256 coal-fired power plants.
The accepted environmental wisdom is that what’s bad for the coal industry is good for the planet. To be sure, China must cut its coal use. However, there is another reality – an ailing coal industry hurts the efforts to fight climate change.
The accepted environmental wisdom is that what’s bad for the coal industry is good for the planet. To be sure, China must cut its coal use. However, there is another reality – an ailing coal industry hurts the efforts to fight climate change.