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Despite coal making up less than 0.5% of Russia's gross domestic product, it is responsible for over 15% of the country's electricity generation.
Dwindling coal exports could be a political headache for Putin, especially amid other bad news for the wartime economy, such ...
Russia’s coal industry has slipped into crisis under the weight of high borrowing costs and sanctions as slowing demand in ...
While not the revenue generator of the more lucrative oil and gas exports, the coal industry's worsening plight is a symptom of wider problems that Russia's sanctions-hit economy faces.
China has abruptly turned its back on Putin's "friend".
Details: The most affected coal mining area was Kuznetsk Basin (Kuzbass), Russia's main coal-producing region, which accounts for about 60% of total hard coal production and 80% of coking coal. Eight ...
Still, “the energy crisis has focused political minds on resolving some of the issues around permitting,” said Oliver Metcalfe, an analyst at BloombergNEF. GAS AND COAL: ...
Europe is struggling to contain an energy crisis that could lead to rolling blackouts, shuttered factories and a deep recession. The primary cause: Russia has choked off the supplies of cheap ...
NEFT Research said Russian thermal coal export transportation volumes through ports fell by more than 50% in May, depending ...
After three years of war, the Putin regime is increasingly unable to control its explosive social consequences, which have exacerbated the internal contradictions of Russian capitalism.
Two of Russia's biggest coal companies have posted huge losses as the country's key energy sector faces a severe crisis due to falling demand in Asia and Western sanctions over Moscow's full-scale ...
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