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Glencore's proposed sale of its 13 mt/y Rolleston thermal coal mine has cast doubt over the viability of the Wiggins Island Coal Export Terminal (WICET) in Queensland, where the company is the major equity holder and currently the dominant shipper. On the face of it, Glencore's announcement on 28 August flagging the sale said the mov
This is a collaborative article from Pritesh Patel, Shrav Gummadi and Dipti Patel. The Permian Basin is the most dynamic play in North America today. The Wolfcamp Delaware is holding its own at a price under $30 as breakeven in its first quintile wells. The Wolfcamp Midland is also very good but is still approximately $10 higher to breakeven. In the se
Increased demand for metallurgical (met) coal from China and higher prices has provided Mongolia’s financially troubled coal miners some relief. Mongolia has secured almost 50% of China’s 10 mt year on year import growth in the first six month of 2017 as seaborne supply tightened following the effects of Cyclone Debbie on Australian production. IHS M