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by Wael Mahdi | Nov 9, 2016 | Business
Khobar- What is China’s and India’s fuel of choice up till 2040? It is not oil as everybody predicts; instead, it is coal, according to the Organization of the Petroleum Exporting Countries (OPEC). OPEC released on Tuesday its annual report on oil prospects and...
Media ID: 55354118
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A villager is pictured as she selects coal at local businessman Sun Meng’s small coal depot near a coal mine of the state-owned Longmay Group on the outskirts of Jixi, in Heilongjiang province, China, October 23, 2015. Reuters
by Asharq Al-Awsat | Jul 9, 2016 | Business
Shanghai-China’s central-government run steel and coal firms will cut capacity by around 10 percent in the coming two years, and by 15 percent by 2020, as part of their efforts to tackle gluts in the sectors, the state asset regulator said on Friday. The...